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China International Capital (HKSE:03908) Debt-to-EBITDA : N/A (As of Dec. 2023)


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What is China International Capital Debt-to-EBITDA?

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

China International Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$185,840 Mil. China International Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$120,774 Mil. China International Capital's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$0 Mil.

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 International Capital's Debt-to-EBITDA or its related term are showing as below:

HKSE:03908' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 6.41   Med: 12.78   Max: 33.67
Current: 33.67

During the past 12 years, the highest Debt-to-EBITDA Ratio of China International Capital was 33.67. The lowest was 6.41. And the median was 12.78.

HKSE:03908's Debt-to-EBITDA is ranked worse than
95.93% of 418 companies
in the Capital Markets industry
Industry Median: 1.565 vs HKSE:03908: 33.67

China International Capital Debt-to-EBITDA Historical Data

The historical data trend for China International Capital'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 International Capital Debt-to-EBITDA Chart

China International Capital 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 12.46 13.11 11.30 13.93 14.50

China International Capital Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 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 - 15.04 N/A - N/A

Competitive Comparison of China International Capital's Debt-to-EBITDA

For the Capital Markets subindustry, China International Capital'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 International Capital's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, China International Capital's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China International Capital's Debt-to-EBITDA falls into.



China International Capital Debt-to-EBITDA Calculation

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

China International Capital'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
=(185840.025 + 120774.367) / 21148.032
=14.50

China International Capital'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
=(185840.025 + 120774.367) / 0
=N/A

* 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 (Dec. 2023) EBITDA data.


China International Capital  (HKSE:03908) 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 International Capital Debt-to-EBITDA Related Terms

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


China International Capital (HKSE:03908) Business Description

Traded in Other Exchanges
Address
1 Jianguomenwai Avenue, 27th and 28th Floor, China World Office 2, Chaoyang District, Beijing, CHN, 100004
China International Capital Corp Ltd is a capital market operations company based in China. Its business is carried through investment banking, equity sales and trading, fixed income commodities and currencies, Asset Management; Wealth management, and private equity segments. The company derives its earnings predominantly from China and the rest from overseas. It generates maximum revenue from Wealth management segment.

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