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Kerry Properties (HKSE:00683) Debt-to-EBITDA : 6.19 (As of Dec. 2023)


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What is Kerry Properties Debt-to-EBITDA?

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

Kerry Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$6,680 Mil. Kerry Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$48,535 Mil. Kerry Properties's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$8,928 Mil. Kerry Properties's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 6.18.

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 Kerry Properties's Debt-to-EBITDA or its related term are showing as below:

HKSE:00683' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.45   Med: 3.78   Max: 8.9
Current: 7.19

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kerry Properties was 8.90. The lowest was 2.45. And the median was 3.78.

HKSE:00683's Debt-to-EBITDA is ranked worse than
56.23% of 1261 companies
in the Real Estate industry
Industry Median: 5.95 vs HKSE:00683: 7.19

Kerry Properties Debt-to-EBITDA Historical Data

The historical data trend for Kerry Properties'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.

Kerry Properties Debt-to-EBITDA Chart

Kerry Properties 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 3.50 4.28 2.45 8.90 6.79

Kerry Properties 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 2.14 7.54 16.08 8.76 6.19

Competitive Comparison of Kerry Properties's Debt-to-EBITDA

For the Real Estate - Development subindustry, Kerry Properties'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.


Kerry Properties's Debt-to-EBITDA Distribution in the Real Estate Industry

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

* The bar in red indicates where Kerry Properties's Debt-to-EBITDA falls into.



Kerry Properties Debt-to-EBITDA Calculation

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

Kerry Properties'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
=(6679.86 + 48535.393) / 8127.805
=6.79

Kerry Properties'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
=(6679.86 + 48535.393) / 8927.78
=6.18

* 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.


Kerry Properties  (HKSE:00683) 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.


Kerry Properties Debt-to-EBITDA Related Terms

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


Kerry Properties (HKSE:00683) Business Description

Traded in Other Exchanges
Address
683 King’s Road, 25th Floor, Kerry Centre, Quarry Bay, Hong Kong, HKG
Kerry Properties Ltd is Hong Kong-based property developer. The company is engaged in investment holding activity. Through its subsidiaries it engages in property development, investment, and management in Hong Kong, the Mainland, and the Asia Pacific region; hotel ownership in Hong Kong, and hotel ownership and operations in the Mainland; and integrated logistics and international freight forwarding. Substantial revenue is derived from the sale of properties.
Executives
Schroders Plc 2102 Investment manager
Kerry Group Limited 2201 Interest of corporation controlled by you

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