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Renze Harvest International (HKSE:01282) Debt-to-EBITDA : -1.59 (As of Dec. 2023)


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What is Renze Harvest International Debt-to-EBITDA?

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

Renze Harvest International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,091.8 Mil. Renze Harvest International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$634.3 Mil. Renze Harvest International's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-1,083.9 Mil. Renze Harvest International's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.59.

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 Renze Harvest International's Debt-to-EBITDA or its related term are showing as below:

HKSE:01282' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -229.91   Med: 0.73   Max: 11.44
Current: 10.72

During the past 13 years, the highest Debt-to-EBITDA Ratio of Renze Harvest International was 11.44. The lowest was -229.91. And the median was 0.73.

HKSE:01282's Debt-to-EBITDA is ranked worse than
69.87% of 1261 companies
in the Real Estate industry
Industry Median: 5.95 vs HKSE:01282: 10.72

Renze Harvest International Debt-to-EBITDA Historical Data

The historical data trend for Renze Harvest International'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.

Renze Harvest International Debt-to-EBITDA Chart

Renze Harvest International 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 5.08 -229.91 11.44 -3.89 7.95

Renze Harvest International 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 -2.80 -2.81 -6.14 0.93 -1.59

Competitive Comparison of Renze Harvest International's Debt-to-EBITDA

For the Real Estate - Diversified subindustry, Renze Harvest International'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.


Renze Harvest International's Debt-to-EBITDA Distribution in the Real Estate Industry

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

* The bar in red indicates where Renze Harvest International's Debt-to-EBITDA falls into.



Renze Harvest International Debt-to-EBITDA Calculation

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

Renze Harvest International'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
=(1091.84 + 634.273) / 217.179
=7.95

Renze Harvest International'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
=(1091.84 + 634.273) / -1083.938
=-1.59

* 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.


Renze Harvest International  (HKSE:01282) 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.


Renze Harvest International Debt-to-EBITDA Related Terms

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


Renze Harvest International (HKSE:01282) Business Description

Traded in Other Exchanges
Address
Unit 1909, 19/F, Tower Two, Lippo Centre, No. 89, Queensway, Admiralty, HKG
Renze Harvest International Ltd Formerly Glory Sun Financial Group Ltd is a holding company in China that reports in four business segments: Automation, Financial services, Property investment and development, and Securities Investment. It generates maximum revenue from the Property Investment and Development segment.
Executives
China Grand Developments Limited 2101 Beneficial owner
Ma Jianghao 2201 Interest of corporation controlled by you
Bao Xin Development Limited 2101 Beneficial owner
Bao Xin International Group Limited 2201 Interest of corporation controlled by you
Tinmark Development Limited 2201 Interest of corporation controlled by you
Yao Jianhui 2201 Interest of corporation controlled by you
Qian Hai Ren Shou Bao Xian Gu Fen You Xian Gong Si 2101 Beneficial owner

Renze Harvest International (HKSE:01282) Headlines

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