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Red Star Macalline Group (HKSE:01528) Debt-to-EBITDA : 18.66 (As of Mar. 2024)


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What is Red Star Macalline Group Debt-to-EBITDA?

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

Red Star Macalline Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$2,135 Mil. Red Star Macalline Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$23,595 Mil. Red Star Macalline Group's annualized EBITDA for the quarter that ended in Mar. 2024 was HK$1,379 Mil. Red Star Macalline Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 18.66.

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

HKSE:01528' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -53.73   Med: 4.79   Max: 88.25
Current: -53.73

During the past 10 years, the highest Debt-to-EBITDA Ratio of Red Star Macalline Group was 88.25. The lowest was -53.73. And the median was 4.79.

HKSE:01528's Debt-to-EBITDA is ranked worse than
100% of 1258 companies
in the Real Estate industry
Industry Median: 5.66 vs HKSE:01528: -53.73

Red Star Macalline Group Debt-to-EBITDA Historical Data

The historical data trend for Red Star Macalline 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.

Red Star Macalline Group Debt-to-EBITDA Chart

Red Star Macalline Group 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 4.86 8.21 7.59 8.55 88.25

Red Star Macalline Group 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 - 13.90 -36.52 -7.67 18.66

Competitive Comparison of Red Star Macalline Group's Debt-to-EBITDA

For the Real Estate Services subindustry, Red Star Macalline 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.


Red Star Macalline Group's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Red Star Macalline Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Red Star Macalline Group's Debt-to-EBITDA falls into.



Red Star Macalline Group Debt-to-EBITDA Calculation

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

Red Star Macalline 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
=(15237.51 + 26572.86) / 473.781
=88.25

Red Star Macalline Group'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
=(2134.889 + 23595.009) / 1379.084
=18.66

* 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.


Red Star Macalline Group  (HKSE:01528) 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.


Red Star Macalline Group Debt-to-EBITDA Related Terms

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


Red Star Macalline Group (HKSE:01528) Business Description

Traded in Other Exchanges
Address
No. 2/5, Lane 1466, Shenchang Road, Minhang District, Shanghai, CHN
Red Star Macalline Group Corp Ltd operates home improvement and furnishings shopping malls in China. It has various segments.Owned/Leased Portfolio Shopping Malls segment, which is the key revenue driver, leases floor areas to the tenants and provides management support to them. Managed Shopping Malls segment provides initiation, consultation, and management services to its partners and construction contractors to develop and manage the shopping malls under its own brand. The Construction and design segment provides building installation and decorating services in shopping malls. Sales of merchandise and related services segment include retail sales of home furnishing merchandise and providing related decorating services. All of its revenues are derived from the PRC.

Red Star Macalline Group (HKSE:01528) Headlines

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