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Costar Group Co (SZSE:002189) Debt-to-EBITDA : -27.76 (As of Mar. 2024)


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What is Costar Group Co Debt-to-EBITDA?

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

Costar Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥679 Mil. Costar Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥32 Mil. Costar Group Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥-26 Mil. Costar Group Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -27.76.

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 Costar Group Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:002189' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.06   Med: 1.69   Max: 2.99
Current: -3.28

During the past 13 years, the highest Debt-to-EBITDA Ratio of Costar Group Co was 2.99. The lowest was -7.06. And the median was 1.69.

SZSE:002189's Debt-to-EBITDA is ranked worse than
100% of 1738 companies
in the Hardware industry
Industry Median: 1.8 vs SZSE:002189: -3.28

Costar Group Co Debt-to-EBITDA Historical Data

The historical data trend for Costar Group 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.

Costar Group Co Debt-to-EBITDA Chart

Costar Group 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 2.52 2.52 2.04 -7.06 -3.59

Costar Group Co 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 -2.66 -7.12 -5.46 -1.11 -27.76

Competitive Comparison of Costar Group Co's Debt-to-EBITDA

For the Computer Hardware subindustry, Costar Group 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.


Costar Group Co's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Costar Group Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Costar Group Co's Debt-to-EBITDA falls into.



Costar Group Co Debt-to-EBITDA Calculation

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

Costar Group 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
=(658.91 + 34.154) / -192.824
=-3.59

Costar Group Co'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
=(678.528 + 32.494) / -25.612
=-27.76

* 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.


Costar Group Co  (SZSE:002189) 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.


Costar Group Co Debt-to-EBITDA Related Terms

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


Costar Group Co (SZSE:002189) Business Description

Traded in Other Exchanges
N/A
Address
No 254, Zhongzhou road, Henan, Nanyang, CHN
Costar Group Co Ltd is an optical manufacturer based in China. The company primarily focuses on the developing, manufacturing, sale of an optical component, optical coating product, lens assembly, light engine, optical auxiliary material and optical instrument. Its products are mainly used in a digital projector, large screen projection, digital camera, digital optical disc and high precision optical system. The company's products are exported to Japan, the United States of America, Germany, South Korea, Hong Kong and Taiwan.
Executives
Wang Shi Xian Executives
Wang Teng Jiao Independent director
Xiao Lian Feng Director
Yang Tai Li Supervisors
Wang Lin Independent director

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