China Pipe Group (HKSE:00380) Debt-to-EBITDA : 2.06 (As of Dec. 2023)

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What is China Pipe Group Debt-to-EBITDA?

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

China Pipe Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$87.7 Mil. China Pipe Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$56.8 Mil. China Pipe Group's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$70.1 Mil. China Pipe Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.06.

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 Pipe Group's Debt-to-EBITDA or its related term are showing as below:

HKSE:00380' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.79 Med: 1.67 Max: 3.47
Current: 1.91

During the past 13 years, the highest Debt-to-EBITDA Ratio of China Pipe Group was 3.47. The lowest was 0.79. And the median was 1.67.

HKSE:00380's Debt-to-EBITDA is ranked better than
62.38% of 840 companies
in the Retail - Cyclical industry
Industry Median: 2.625 vs HKSE:00380: 1.91

China Pipe Group Debt-to-EBITDA Historical Data

The historical data trend for China Pipe Group'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 Pipe Group Debt-to-EBITDA Chart

China Pipe Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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3.47

2.52

1.64

1.72

1.43

China Pipe Group 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															1.93	1.87	3.46	1.86	2.06

Competitive Comparison of China Pipe Group's Debt-to-EBITDA

For the Home Improvement Retail subindustry, China Pipe Group'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 Pipe Group's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Pipe Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Pipe Group's Debt-to-EBITDA falls into.

China Pipe Group Debt-to-EBITDA Calculation

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

China Pipe Group'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
	=	(87.686	+	56.794)	/	101.353
	=	1.43

China Pipe Group'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
	=	(87.686	+	56.794)	/	70.1
	=	2.06

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.

China Pipe Group (HKSE:00380) 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 Pipe Group Debt-to-EBITDA Related Terms

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

China Pipe Group (HKSE:00380) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » China Pipe Group Ltd (HKSE:00380) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

193 Prince Edward Road West, Tower II, Unit 1010-1016, Level 10, Grand Century Place, Mongkok, Kowloon, Hong Kong, HKG

Website

http://www.softpower.hk

China Pipe Group Ltd is principally engaged in the trading of construction materials, mainly pipes, and fittings. It is engaged in the segment of Trading of pipes and fittings. It includes wholesale, retail, and logistics operations substantially in Hong Kong and Macau. The group derives revenue from Hong Kong, Macau, and Mainland China, of which prime revenue is derived from Hong Kong.

Executives

Singapore Zhongxin Investment Company Limited	2101 Beneficial owner
Lai Guanglin	2101 Beneficial owner
Li Juan	2202 Interest of your spouse
Lai Guanglin	2201 Interest of corporation controlled by you
Qu Zhi	2101 Beneficial owner

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