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Shun Tak Holdings (HKSE:00242) Debt-to-EBITDA : 27.50 (As of Dec. 2023)


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What is Shun Tak Holdings Debt-to-EBITDA?

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

Shun Tak Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4,061 Mil. Shun Tak Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$11,631 Mil. Shun Tak Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$571 Mil. Shun Tak Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 27.50.

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 Shun Tak Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:00242' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.19   Med: 8.34   Max: 126.75
Current: 67.24

During the past 13 years, the highest Debt-to-EBITDA Ratio of Shun Tak Holdings was 126.75. The lowest was 2.19. And the median was 8.34.

HKSE:00242's Debt-to-EBITDA is ranked worse than
95.65% of 1265 companies
in the Real Estate industry
Industry Median: 5.75 vs HKSE:00242: 67.24

Shun Tak Holdings Debt-to-EBITDA Historical Data

The historical data trend for Shun Tak 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.

Shun Tak Holdings Debt-to-EBITDA Chart

Shun Tak 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 2.89 12.38 8.57 126.75 67.24

Shun Tak 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 8.07 15.92 -17.76 -160.42 27.50

Competitive Comparison of Shun Tak Holdings's Debt-to-EBITDA

For the Real Estate - Diversified subindustry, Shun Tak 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.


Shun Tak Holdings's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Shun Tak Holdings Debt-to-EBITDA Calculation

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

Shun Tak 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
=(4061.032 + 11631.406) / 233.378
=67.24

Shun Tak 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
=(4061.032 + 11631.406) / 570.676
=27.50

* 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.


Shun Tak Holdings  (HKSE:00242) 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.


Shun Tak Holdings Debt-to-EBITDA Related Terms

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


Shun Tak Holdings (HKSE:00242) Business Description

Traded in Other Exchanges
Address
200 Connaught Road Central, Penthouse 39th Floor, West Tower, Shun Tak Centre, Hong Kong, HKG
Shun Tak Holdings Ltd is a provider of multiple lines of services predominantly in Macau. Its main business is that of property development, contributing the majority of its revenue. Shun Tak's property segment covers commercial, residential, and retail property spaces. It operates through the following business segments: Property, Transportation, Hospitality, and Investment. The Property segment includes property development and sales, leasing, and management services. The Transportation segment provides passenger transportation services. The Hospitality segment performs hotel operations, hotel management, and travel agency services. The Investment segment involves investment holding and others.

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