Wise Living Technology Co (HKSE:02481) Debt-to-EBITDA : 2.34 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Wise Living Technology Co Debt-to-EBITDA?

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

Wise Living Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$144 Mil. Wise Living Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$663 Mil. Wise Living Technology Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$344 Mil. Wise Living Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.34.

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 Wise Living Technology Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:02481' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.33 Med: 2.07 Max: 3.2
Current: 2.23

During the past 4 years, the highest Debt-to-EBITDA Ratio of Wise Living Technology Co was 3.20. The lowest was 1.33. And the median was 2.07.

HKSE:02481's Debt-to-EBITDA is ranked better than
75.77% of 326 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.415 vs HKSE:02481: 2.23

Wise Living Technology Co Debt-to-EBITDA Historical Data

The historical data trend for Wise Living Technology 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.

Wise Living Technology Co Debt-to-EBITDA Chart

Wise Living Technology Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

3.20

2.21

1.92

1.33

Wise Living Technology Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	-	3.03	2.60	2.34

Competitive Comparison of Wise Living Technology Co's Debt-to-EBITDA

For the Utilities - Independent Power Producers subindustry, Wise Living Technology 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.

Wise Living Technology Co's Debt-to-EBITDA Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Wise Living Technology Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Wise Living Technology Co's Debt-to-EBITDA falls into.

Wise Living Technology Co Debt-to-EBITDA Calculation

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

Wise Living Technology 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
	=	(143.88	+	662.7)	/	604.446
	=	1.33

Wise Living Technology 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
	=	(143.88	+	662.7)	/	344.17
	=	2.34

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.

Wise Living Technology Co (HKSE:02481) 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.

Wise Living Technology Co Debt-to-EBITDA Related Terms

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

Wise Living Technology Co (HKSE:02481) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Wise Living Technology Co Ltd (HKSE:02481) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

No. 15 Shuangliang Road, Ligang Street, Room 202, 2nd Floor, Jiangsu, Jiangyin, CHN

Website

http://www.hjkj.cn

Wise Living Technology Co Ltd is a cross-provincial heat service provider mainly operating in the Three North Region. It is principally engaged in the provision of heat services to residential and non-residential heat service customers under concession rights. In addition to its provision of heat services, which is considered as a public utility business, the company also provides heat-related; engineering construction services; and EMC services.

Executives

Galaxy Way Development Limited	2101 Beneficial owner
Gofintech Innovation Limited	2201 Interest of corporation controlled by you
Jiang Gang International Investment Company Limited	2101 Beneficial owner
Zhou Xiaoping	2201 Interest of corporation controlled by you
Jiang Yin Guo You Zi Ben Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Jiang Yin Guo You Zi Ben Kong Gu Ji Tuan Jin Rong Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Xiang Gang Xing Yi Tou Zi Guan Li You Xian Gong Si	2101 Beneficial owner

Wise Living Technology Co (HKSE:02481) Headlines

No Headlines