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Wison Engineering Services Co (HKSE:02236) Debt-to-EBITDA : -15.23 (As of Dec. 2023)


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What is Wison Engineering Services Co Debt-to-EBITDA?

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

Wison Engineering Services Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$592 Mil. Wison Engineering Services Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$630 Mil. Wison Engineering Services Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-80 Mil. Wison Engineering Services Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -15.23.

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 Wison Engineering Services Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:02236' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -85.7   Med: 0.81   Max: 9.22
Current: -85.7

During the past 13 years, the highest Debt-to-EBITDA Ratio of Wison Engineering Services Co was 9.22. The lowest was -85.70. And the median was 0.81.

HKSE:02236's Debt-to-EBITDA is ranked worse than
100% of 1312 companies
in the Construction industry
Industry Median: 2.32 vs HKSE:02236: -85.70

Wison Engineering Services Co Debt-to-EBITDA Historical Data

The historical data trend for Wison Engineering Services 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.

Wison Engineering Services Co Debt-to-EBITDA Chart

Wison Engineering Services 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 4.19 -9.48 9.22 -1.24 -85.70

Wison Engineering Services Co 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 5.86 -4.89 -0.71 24.98 -15.23

Competitive Comparison of Wison Engineering Services Co's Debt-to-EBITDA

For the Engineering & Construction subindustry, Wison Engineering Services 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.


Wison Engineering Services Co's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wison Engineering Services Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Wison Engineering Services Co's Debt-to-EBITDA falls into.



Wison Engineering Services Co Debt-to-EBITDA Calculation

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

Wison Engineering Services 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
=(592.001 + 630.051) / -14.26
=-85.70

Wison Engineering Services Co'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
=(592.001 + 630.051) / -80.26
=-15.23

* 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.


Wison Engineering Services Co  (HKSE:02236) 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.


Wison Engineering Services Co Debt-to-EBITDA Related Terms

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


Wison Engineering Services Co (HKSE:02236) Business Description

Traded in Other Exchanges
N/A
Address
633 Zhongke Road, Zhangjiang Hi-Tech Park, Pudong New Area, Shanghai, CHN, 201210
Wison Engineering Services Co Ltd is an investment holding company engaged in the provision of chemical engineering, procurement, and construction management, or EPC, services. The Group provides a broad range of integrated services spanning the project lifecycle from feasibility studies, consulting services, provision of proprietary technologies, design, engineering, raw materials, and equipment procurement and construction management to maintenance and after-sale technical support. The company has two operating segments; Engineering, procurement, and construction (EPC); and Engineering, consulting, and technical services. It derives a majority of its revenue from the EPC segment.
Executives
Wison Engineering Investment Limited 2101 Beneficial owner
Wison Group Holding Limited 2201 Interest of corporation controlled by you
Hua Bangsong 2201 Interest of corporation controlled by you
Huang Xing 2202 Interest of your spouse

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