GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chi Ho Development Holdings Ltd (HKSE:08423) » Definitions » Debt-to-EBITDA

Chi Ho Development Holdings (HKSE:08423) Debt-to-EBITDA : 3.69 (As of Sep. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Chi Ho Development Holdings Debt-to-EBITDA?

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

Chi Ho Development Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$90.6 Mil. Chi Ho Development Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$2.1 Mil. Chi Ho Development Holdings's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$25.2 Mil. Chi Ho Development Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 3.69.

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 Chi Ho Development Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:08423' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.43   Med: 1.94   Max: 6.84
Current: 5.87

During the past 9 years, the highest Debt-to-EBITDA Ratio of Chi Ho Development Holdings was 6.84. The lowest was 1.43. And the median was 1.94.

HKSE:08423's Debt-to-EBITDA is ranked worse than
76.26% of 1310 companies
in the Construction industry
Industry Median: 2.305 vs HKSE:08423: 5.87

Chi Ho Development Holdings Debt-to-EBITDA Historical Data

The historical data trend for Chi Ho Development 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.

Chi Ho Development Holdings Debt-to-EBITDA Chart

Chi Ho Development Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 1.83 1.99 1.46 6.84 4.17

Chi Ho Development Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only 2.72 - 94.81 - 3.69

Competitive Comparison of Chi Ho Development Holdings's Debt-to-EBITDA

For the Engineering & Construction subindustry, Chi Ho Development 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.


Chi Ho Development Holdings's Debt-to-EBITDA Distribution in the Construction Industry

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

* The bar in red indicates where Chi Ho Development Holdings's Debt-to-EBITDA falls into.



Chi Ho Development Holdings Debt-to-EBITDA Calculation

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

Chi Ho Development 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
=(91.034 + 2.26) / 22.349
=4.17

Chi Ho Development 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
=(90.59 + 2.143) / 25.16
=3.69

* 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 four times the quarterly (Sep. 2023) EBITDA data.


Chi Ho Development Holdings  (HKSE:08423) 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.


Chi Ho Development Holdings Debt-to-EBITDA Related Terms

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


Chi Ho Development Holdings (HKSE:08423) Business Description

Traded in Other Exchanges
N/A
Address
77–81 Container Port Road, Units 901, 902 and 908, 9/F, Magnet Place Tower 1, Kwai Chung, New Territories, Hong Kong, HKG
Chi Ho Development Holdings Ltd is an investment holding company. Its operating segments include Building renovation and construction which includes renovation and maintenance works, alteration and addition works and fitting-out works, and site formation and geotechnical works in Hong Kong. and Property which includes property investment in Hong Kong. The group's revenue is generated from Hong Kong.
Executives
Diamondfield Holdings Limited 2401 A concert party to an agreement to buy shares
Sharp Talent Holdings Limited 2101 Beneficial owner
Ho Chi Kwan 2401 A concert party to an agreement to buy shares
Leung Ka Ho, Raymond 2201 Interest of corporation controlled by you

Chi Ho Development Holdings (HKSE:08423) Headlines

No Headlines