GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Conch Venture Holdings Ltd (HKSE:00586) » Definitions » Debt-to-EBITDA

China Conch Venture Holdings (HKSE:00586) Debt-to-EBITDA : 11.49 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is China Conch Venture Holdings Debt-to-EBITDA?

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

China Conch Venture Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,399 Mil. China Conch Venture Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$28,197 Mil. China Conch Venture Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$2,577 Mil. China Conch Venture Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 11.49.

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 Conch Venture Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:00586' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.14   Med: 0.76   Max: 7.52
Current: 7.52

During the past 12 years, the highest Debt-to-EBITDA Ratio of China Conch Venture Holdings was 7.52. The lowest was 0.14. And the median was 0.76.

HKSE:00586's Debt-to-EBITDA is ranked worse than
87.35% of 2301 companies
in the Industrial Products industry
Industry Median: 1.74 vs HKSE:00586: 7.52

China Conch Venture Holdings Debt-to-EBITDA Historical Data

The historical data trend for China Conch Venture 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.

China Conch Venture Holdings Debt-to-EBITDA Chart

China Conch Venture Holdings 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 0.80 1.24 1.71 3.88 5.98

China Conch Venture Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.68 3.29 5.49 5.94 11.49

Competitive Comparison of China Conch Venture Holdings's Debt-to-EBITDA

For the Pollution & Treatment Controls subindustry, China Conch Venture 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.


China Conch Venture Holdings's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Conch Venture Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Conch Venture Holdings's Debt-to-EBITDA falls into.



China Conch Venture Holdings Debt-to-EBITDA Calculation

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

China Conch Venture Holdings'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
=(1399.205 + 28197.486) / 4950.498
=5.98

China Conch Venture Holdings'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
=(1399.205 + 28197.486) / 2576.868
=11.49

* 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 two times the quarterly (Dec. 2023) EBITDA data.


China Conch Venture Holdings  (HKSE:00586) 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 Conch Venture Holdings Debt-to-EBITDA Related Terms

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


China Conch Venture Holdings (HKSE:00586) Business Description

Traded in Other Exchanges
Address
1011 Jiuhua South Road, Anhui Province, Wuhu, CHN, 241070
China Conch Venture Holdings Ltd is a Hong Kong-based investment holding company engaged in the provision of environmental and energy-saving and environmental protection. The principal activities of the group are environmental protection sector, new energy, new building materials and port logistics. The group focuses on the development of the grate furnace power generation and new energy sectors. Its segment comprises of Waste-to-energy projects, port logistics services, New building materials, Investments, New energy material and solid waste solutions. Majority of revenue is generated from Waste-to-energy projects segment. Waste-to-energy projects segment includes waste incineration solutions, manufacturing and sales of residual heat power generation, vertical mills and related services.

China Conch Venture Holdings (HKSE:00586) Headlines

No Headlines