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C&D International Investment Group (HKSE:01908) Debt-to-EBITDA : 6.21 (As of Dec. 2023)


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What is C&D International Investment Group Debt-to-EBITDA?

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

C&D International Investment Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$9,961 Mil. C&D International Investment Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$81,071 Mil. C&D International Investment Group's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$14,667 Mil. C&D International Investment Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 6.21.

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 C&D International Investment Group's Debt-to-EBITDA or its related term are showing as below:

HKSE:01908' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.47   Med: 10.35   Max: 757222.67
Current: 9.28

During the past 13 years, the highest Debt-to-EBITDA Ratio of C&D International Investment Group was 757222.67. The lowest was 1.47. And the median was 10.35.

HKSE:01908's Debt-to-EBITDA is ranked worse than
66.01% of 1265 companies
in the Real Estate industry
Industry Median: 5.75 vs HKSE:01908: 9.28

C&D International Investment Group Debt-to-EBITDA Historical Data

The historical data trend for C&D International Investment 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.

C&D International Investment Group Debt-to-EBITDA Chart

C&D International Investment 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 10.98 9.03 12.26 9.73 9.13

C&D International Investment Group 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 6.92 21.81 6.19 19.54 6.21

Competitive Comparison of C&D International Investment Group's Debt-to-EBITDA

For the Real Estate - Development subindustry, C&D International Investment 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.


C&D International Investment Group's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, C&D International Investment Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where C&D International Investment Group's Debt-to-EBITDA falls into.



C&D International Investment Group Debt-to-EBITDA Calculation

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

C&D International Investment 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
=(9960.92 + 81070.726) / 9975.351
=9.13

C&D International Investment Group'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
=(9960.92 + 81070.726) / 14667.464
=6.21

* 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.


C&D International Investment Group  (HKSE:01908) 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.


C&D International Investment Group Debt-to-EBITDA Related Terms

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


C&D International Investment Group (HKSE:01908) Business Description

Traded in Other Exchanges
N/A
Address
213 Queen’s Road East, Office No. 3517, 35th Floor, Wu Chung House, Wanchai, Hong Kong, HKG
C&D International Investment Group Ltd is an investment holding company engaged in the real estate sector. The company operates in a single segment of property development and generates the majority of its revenue from China.

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