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Guolian Securities Co (HKSE:01456) Debt-to-EBITDA : 194.79 (As of Mar. 2024)


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What is Guolian Securities Co Debt-to-EBITDA?

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

Guolian Securities Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$60 Mil. Guolian Securities Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$31,714 Mil. Guolian Securities Co's annualized EBITDA for the quarter that ended in Mar. 2024 was HK$163 Mil. Guolian Securities Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 194.79.

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 Guolian Securities Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:01456' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.03   Med: 7.93   Max: 13.29
Current: 3.73

During the past 10 years, the highest Debt-to-EBITDA Ratio of Guolian Securities Co was 13.29. The lowest was 2.03. And the median was 7.93.

HKSE:01456's Debt-to-EBITDA is ranked worse than
68.43% of 415 companies
in the Capital Markets industry
Industry Median: 1.57 vs HKSE:01456: 3.73

Guolian Securities Co Debt-to-EBITDA Historical Data

The historical data trend for Guolian Securities 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.

Guolian Securities Co Debt-to-EBITDA Chart

Guolian Securities Co 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 5.55 9.10 8.05 9.54 13.29

Guolian Securities Co Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 7.87 0.87 N/A 194.79

Competitive Comparison of Guolian Securities Co's Debt-to-EBITDA

For the Capital Markets subindustry, Guolian Securities 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.


Guolian Securities Co's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Guolian Securities Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Guolian Securities Co's Debt-to-EBITDA falls into.



Guolian Securities Co Debt-to-EBITDA Calculation

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

Guolian Securities Co'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
=(383.57 + 33372.826) / 2539.198
=13.29

Guolian Securities Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(60.22 + 31713.673) / 163.12
=194.79

* 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 four times the quarterly (Mar. 2024) EBITDA data.


Guolian Securities Co  (HKSE:01456) 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.


Guolian Securities Co Debt-to-EBITDA Related Terms

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


Guolian Securities Co (HKSE:01456) Business Description

Traded in Other Exchanges
Address
No. 8 Jinrong One Street, Jiangsu Province, Wuxi, CHN, 214000
Guolian Securities Co Ltd is a china based financial institution. The company's operating segments include Brokerage and wealth management; Credit transaction; Investment banking; Proprietary trading; Asset management and investment and Other businesses. It generates maximum revenue from the Proprietary trading segment. The Proprietary trading segment includes trading in financial products. The Brokerage and wealth management segment includes securities trading and brokering services, sales of wealth management products, investment consulting, and asset allocation.

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