China Boqi Environmental (Holding) Co (HKSE:02377) Debt-to-EBITDA : 0.89 (As of Dec. 2023)

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What is China Boqi Environmental (Holding) Co Debt-to-EBITDA?

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

China Boqi Environmental (Holding) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$135 Mil. China Boqi Environmental (Holding) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$132 Mil. China Boqi Environmental (Holding) Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$301 Mil. China Boqi Environmental (Holding) Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.89.

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 China Boqi Environmental (Holding) Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:02377' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.13 Med: 0.54 Max: 17.28
Current: 0.84

During the past 10 years, the highest Debt-to-EBITDA Ratio of China Boqi Environmental (Holding) Co was 17.28. The lowest was 0.13. And the median was 0.54.

HKSE:02377's Debt-to-EBITDA is ranked better than
67.45% of 2295 companies
in the Industrial Products industry
Industry Median: 1.74 vs HKSE:02377: 0.84

China Boqi Environmental (Holding) Co Debt-to-EBITDA Historical Data

The historical data trend for China Boqi Environmental (Holding) 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.

China Boqi Environmental (Holding) Co Debt-to-EBITDA Chart

China Boqi Environmental (Holding) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.40

0.34

0.48

0.70

0.60

China Boqi Environmental (Holding) Co Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial												0.57	5.60	0.62	0.45	0.89

Competitive Comparison of China Boqi Environmental (Holding) Co's Debt-to-EBITDA

For the Pollution & Treatment Controls subindustry, China Boqi Environmental (Holding) 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.

China Boqi Environmental (Holding) Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Boqi Environmental (Holding) Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Boqi Environmental (Holding) Co's Debt-to-EBITDA falls into.

China Boqi Environmental (Holding) Co Debt-to-EBITDA Calculation

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

China Boqi Environmental (Holding) 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
	=	(134.663	+	131.723)	/	444.004
	=	0.60

China Boqi Environmental (Holding) 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
	=	(134.663	+	131.723)	/	300.536
	=	0.89

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.

China Boqi Environmental (Holding) Co (HKSE:02377) 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.

China Boqi Environmental (Holding) Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of China Boqi Environmental (Holding) Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

China Boqi Environmental (Holding) Co (HKSE:02377) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Boqi Environmental (Holding) Co Ltd (HKSE:02377) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. Jia 8, Xinglongzhuang, Floor 2, Guoben Culture Building, Chaoyang District, Beijing, CHN, 100123

Website

http://www.chinaboqi.com

China Boqi Environmental (Holding) Co Ltd is an investment holding company. It operates in four segments: Environmental protection facilities, mainly including EPC, which consists of project design, procurement of equipment and materials, project construction and equipment installment, and testing services; Operation & maintenance segment comprises of operation service and regular maintenance service for desulfurization and denitrification facilities and dust removal facilities; Concession operations segment includes the construction of infrastructure or acquisition of existing infrastructure from the grantor and operation and maintenance of flue gas treatment project; and Others segment consists of the sale of by-products and others. The group primarily operates in the PRC.

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