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Kin Shing Holdings (HKSE:01630) Debt-to-EBITDA : -0.19 (As of Sep. 2023)


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What is Kin Shing Holdings Debt-to-EBITDA?

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

Kin Shing Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1.8 Mil. Kin Shing Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.1 Mil. Kin Shing Holdings's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$-10.1 Mil. Kin Shing Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.19.

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 Kin Shing Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:01630' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.03   Med: 0.14   Max: 1.11
Current: 0.15

During the past 10 years, the highest Debt-to-EBITDA Ratio of Kin Shing Holdings was 1.11. The lowest was -2.03. And the median was 0.14.

HKSE:01630's Debt-to-EBITDA is ranked better than
91.47% of 1313 companies
in the Construction industry
Industry Median: 2.3 vs HKSE:01630: 0.15

Kin Shing Holdings Debt-to-EBITDA Historical Data

The historical data trend for Kin Shing Holdings'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.

Kin Shing Holdings Debt-to-EBITDA Chart

Kin Shing Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -2.03 0.08 0.51 0.11

Kin Shing Holdings Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -0.63 -0.50 -0.68 0.09 -0.19

Competitive Comparison of Kin Shing Holdings's Debt-to-EBITDA

For the Engineering & Construction subindustry, Kin Shing Holdings'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.


Kin Shing Holdings's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kin Shing Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kin Shing Holdings's Debt-to-EBITDA falls into.



Kin Shing Holdings Debt-to-EBITDA Calculation

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

Kin Shing Holdings's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.52 + 0.801) / 30.291
=0.11

Kin Shing Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.834 + 0.074) / -10.14
=-0.19

* 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 (Sep. 2023) EBITDA data.


Kin Shing Holdings  (HKSE:01630) 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.


Kin Shing Holdings Debt-to-EBITDA Related Terms

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


Kin Shing Holdings (HKSE:01630) Business Description

Traded in Other Exchanges
N/A
Address
10 Cheung Yue Street, Unit D, 9th Floor, Billion Plaza 2, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Kin Shing Holdings Ltd is an investment holding company. The group is a formwork subcontractor. The operating segments of the company include the Formwork works segment which is engaged in the provision of formwork works and other ancillary works and the Building construction works segment and the Trading and Investment business which is engaged in investing in financial instruments. The company generates maximum revenue from the Formwork works segment. Geographically, the group's operations are located in Hong Kong.

Kin Shing Holdings (HKSE:01630) Headlines

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