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Great Eagle Holdings (HKSE:00041) Debt-to-EBITDA : 10.17 (As of Dec. 2023)


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What is Great Eagle Holdings Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Great Eagle Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$18,070 Mil. Great Eagle Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$16,531 Mil. Great Eagle Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$3,403 Mil. Great Eagle Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 10.17.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Great Eagle Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:00041' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.72   Med: 5.5   Max: 35.31
Current: 10.07

During the past 13 years, the highest Debt-to-EBITDA Ratio of Great Eagle Holdings was 35.31. The lowest was -2.72. And the median was 5.50.

HKSE:00041's Debt-to-EBITDA is ranked worse than
68.3% of 1265 companies
in the Real Estate industry
Industry Median: 5.75 vs HKSE:00041: 10.07

Great Eagle Holdings Debt-to-EBITDA Historical Data

The historical data trend for Great Eagle Holdings's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Great Eagle Holdings Debt-to-EBITDA Chart

Great Eagle Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.89 -2.72 35.31 19.56 10.07

Great Eagle Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.66 14.43 29.55 9.64 10.17

Competitive Comparison of Great Eagle Holdings's Debt-to-EBITDA

For the Real Estate - Diversified subindustry, Great Eagle Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Great Eagle Holdings's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Great Eagle Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Great Eagle Holdings's Debt-to-EBITDA falls into.



Great Eagle Holdings Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Great Eagle Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(18069.623 + 16531.07) / 3436.486
=10.07

Great Eagle Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(18069.623 + 16531.07) / 3402.856
=10.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Dec. 2023) EBITDA data.


Great Eagle Holdings  (HKSE:00041) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Great Eagle Holdings Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Great Eagle Holdings's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Great Eagle Holdings (HKSE:00041) Business Description

Traded in Other Exchanges
Address
23 Harbour Road, 33rd Floor, Great Eagle Centre, Wanchai, Hong Kong, HKG
Great Eagle Holdings Ltd is an investment holding company. The group along with its subsidiaries is engaged in property development and investment, operations of hotels, restaurants and flexible workspaces, asset management, project management, trading of building materials, securities investment, provision of property management, maintenance and property agency services and property leasing. The company generates a majority of its revenue from Hong Kong.

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