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China Health Technology Group Holding Co (HKSE:01069) Debt-to-EBITDA : 0.28 (As of Dec. 2023)


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What is China Health Technology Group Holding Co Debt-to-EBITDA?

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

China Health Technology Group Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2.40 Mil. China Health Technology Group Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$120.35 Mil. China Health Technology Group Holding Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$440.74 Mil. China Health Technology Group Holding Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.28.

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 Health Technology Group Holding Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:01069' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -12.62   Med: -2.03   Max: 126.23
Current: 0.57

During the past 13 years, the highest Debt-to-EBITDA Ratio of China Health Technology Group Holding Co was 126.23. The lowest was -12.62. And the median was -2.03.

HKSE:01069's Debt-to-EBITDA is ranked better than
82.46% of 228 companies
in the Forest Products industry
Industry Median: 3.345 vs HKSE:01069: 0.57

China Health Technology Group Holding Co Debt-to-EBITDA Historical Data

The historical data trend for China Health Technology Group Holding Co'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 Health Technology Group Holding Co Debt-to-EBITDA Chart

China Health Technology Group Holding Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.50 -1.64 -2.42 126.23 73.87

China Health Technology Group Holding Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 - -115.35 21.73 -32.95 0.28

Competitive Comparison of China Health Technology Group Holding Co's Debt-to-EBITDA

For the Lumber & Wood Production subindustry, China Health Technology Group Holding Co'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 Health Technology Group Holding Co's Debt-to-EBITDA Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, China Health Technology Group Holding Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Health Technology Group Holding Co's Debt-to-EBITDA falls into.



China Health Technology Group Holding Co Debt-to-EBITDA Calculation

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

China Health Technology Group Holding Co's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(374.421 + 15.813) / 5.283
=73.87

China Health Technology Group Holding Co'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
=(2.4 + 120.353) / 440.736
=0.28

* 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.


China Health Technology Group Holding Co  (HKSE:01069) 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 Health Technology Group Holding Co Debt-to-EBITDA Related Terms

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


China Health Technology Group Holding Co (HKSE:01069) Business Description

Traded in Other Exchanges
Address
Binhe Road South, Room 4101, Phase II Jingji Binhe Shidai Tower North, Futian District, Shenzhen, CHN
China Health Technology Group Holding Co Ltd Formerly China Bozza Development Holdings Ltd is an investment holding company. It is engaged in the business of management of new agriculture and forestry resources in the People's Republic of China. The company has two reportable segments including the Forestry business and Ginseng Business. The forestry management business includes plantation, logging, and sale of timber-related products and the Ginseng Business includes ginseng plantation and trading of related products. The company generates a majority of its revenue from the Ginseng business segment. Geographically company generates its key revenue from the PRC.
Executives
Huang Hou 2201 Interest of corporation controlled by you
Huang Hou 2101 Beneficial owner
Able Planet International Limited
China Bozza Scheme Limited
Arab Osman Mohammed
Lai Wing Lun
Wang Yue 2101 Beneficial owner
Long Yijia 2202 Interest of your spouse

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