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China Agri-Products Exchange (HKSE:00149) Debt-to-EBITDA : 7.13 (As of Sep. 2023)


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What is China Agri-Products Exchange Debt-to-EBITDA?

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

China Agri-Products Exchange's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$376.0 Mil. China Agri-Products Exchange's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$990.6 Mil. China Agri-Products Exchange's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$191.7 Mil. China Agri-Products Exchange's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 7.13.

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 China Agri-Products Exchange's Debt-to-EBITDA or its related term are showing as below:

HKSE:00149' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -288.42   Med: 2.61   Max: 17.75
Current: 10.72

During the past 13 years, the highest Debt-to-EBITDA Ratio of China Agri-Products Exchange was 17.75. The lowest was -288.42. And the median was 2.61.

HKSE:00149's Debt-to-EBITDA is ranked worse than
69.54% of 1254 companies
in the Real Estate industry
Industry Median: 6.035 vs HKSE:00149: 10.72

China Agri-Products Exchange Debt-to-EBITDA Historical Data

The historical data trend for China Agri-Products Exchange'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.

China Agri-Products Exchange Debt-to-EBITDA Chart

China Agri-Products Exchange Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -288.42 17.75 1.71 5.94 8.68

China Agri-Products Exchange Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 5.83 7.33 6.07 22.63 7.13

Competitive Comparison of China Agri-Products Exchange's Debt-to-EBITDA

For the Real Estate - Diversified subindustry, China Agri-Products Exchange'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.


China Agri-Products Exchange's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Agri-Products Exchange's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Agri-Products Exchange's Debt-to-EBITDA falls into.



China Agri-Products Exchange Debt-to-EBITDA Calculation

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

China Agri-Products Exchange's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(235.609 + 1195.899) / 164.84
=8.68

China Agri-Products Exchange's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(376.023 + 990.64) / 191.684
=7.13

* 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 (Sep. 2023) EBITDA data.


China Agri-Products Exchange  (HKSE:00149) 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.


China Agri-Products Exchange Debt-to-EBITDA Related Terms

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


China Agri-Products Exchange (HKSE:00149) Business Description

Traded in Other Exchanges
N/A
Address
39 Wang Kwong Road, Suite 3202, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
China Agri-Products Exchange Ltd is an investment holding company. The company operates through two segments namely Agricultural produce exchange market operation; and Property sales. The majority of its revenue is derived from the Agricultural produce exchange market operation segment. Geographically, it derives revenue from China.
Executives
Tang Ching Ho 2201 Interest of corporation controlled by you
Wang On Group Limited 2201 Interest of corporation controlled by you
Yau Yuk Yin 2202 Interest of your spouse
Wai Yuen Tong Medicine Holdings Limited 2201 Interest of corporation controlled by you
Easy One Financial Group Limited 2201 Interest of corporation controlled by you
Biomore Investments Limited 2201 Interest of corporation controlled by you
Goal Success Investments Limited 2101 Beneficial owner
Total Smart Investments Limited 2201 Interest of corporation controlled by you

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