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China State Construction Engineering (SHSE:601668) Debt-to-EBITDA : 7.96 (As of Mar. 2024)


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What is China State Construction Engineering Debt-to-EBITDA?

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

China State Construction Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥261,256 Mil. China State Construction Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥624,346 Mil. China State Construction Engineering's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥111,294 Mil. China State Construction Engineering's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 7.96.

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 State Construction Engineering's Debt-to-EBITDA or its related term are showing as below:

SHSE:601668' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.09   Med: 4.73   Max: 7.78
Current: 7.78

During the past 13 years, the highest Debt-to-EBITDA Ratio of China State Construction Engineering was 7.78. The lowest was 4.09. And the median was 4.73.

SHSE:601668's Debt-to-EBITDA is ranked worse than
82.39% of 1306 companies
in the Construction industry
Industry Median: 2.31 vs SHSE:601668: 7.78

China State Construction Engineering Debt-to-EBITDA Historical Data

The historical data trend for China State Construction Engineering'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 State Construction Engineering Debt-to-EBITDA Chart

China State Construction Engineering 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 4.70 4.41 4.71 6.05 6.57

China State Construction Engineering Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.33 6.09 7.60 7.05 7.96

Competitive Comparison of China State Construction Engineering's Debt-to-EBITDA

For the Engineering & Construction subindustry, China State Construction Engineering'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 State Construction Engineering's Debt-to-EBITDA Distribution in the Construction Industry

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

* The bar in red indicates where China State Construction Engineering's Debt-to-EBITDA falls into.



China State Construction Engineering Debt-to-EBITDA Calculation

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

China State Construction Engineering'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
=(252225.282 + 555092.8) / 122861.17
=6.57

China State Construction Engineering's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(261255.507 + 624345.843) / 111293.952
=7.96

* 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 (Mar. 2024) EBITDA data.


China State Construction Engineering  (SHSE:601668) 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 State Construction Engineering Debt-to-EBITDA Related Terms

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


China State Construction Engineering (SHSE:601668) Business Description

Traded in Other Exchanges
N/A
Address
Anding Road, Building 3, Courtyard 5, China Construction Fortune International Center, Chaoyang District, Beijing, CHN, 100029
China State Construction Engineering Corp Ltd is a construction and real estate conglomerate. Its operating segments are Building construction engineering, Infrastructure construction & investment, Real estate development & investment, Prospecting & design, and Others. The majority of its revenue comes from the Building construction engineering segment. The company undertakes construction, installation, and consulting of domestic and domestic public and civil building construction projects; investment and construction of infrastructure projects; real estate investment and development at home and abroad; survey and design of construction; decoration engineering, and garden engineering. Geographically it generates a vast majority of its revenue from Mainland China.

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