China Mobile (China Mobile) Debt-to-EBITDA : 0.42 (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is China Mobile Debt-to-EBITDA?

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

China Mobile's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil. China Mobile's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $9,167 Mil. China Mobile's annualized EBITDA for the quarter that ended in Mar. 2024 was $21,784 Mil. China Mobile's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.42.

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

CHL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02 Med: 0.19 Max: 0.38
Current: 0.38

During the past 13 years, the highest Debt-to-EBITDA Ratio of China Mobile was 0.38. The lowest was 0.02. And the median was 0.19.

CHL's Debt-to-EBITDA is ranked better than
90.22% of 317 companies
in the Telecommunication Services industry
Industry Median: 2.24 vs CHL: 0.38

China Mobile Debt-to-EBITDA Historical Data

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

China Mobile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

Get a 7-Day Free Trial

0.23

0.21

0.16

0.31

0.27

China Mobile Quarterly Data
	Jun18	Dec18	Jun19	Dec19	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															0.77	0.45	0.67	0.77	0.42

Competitive Comparison of China Mobile's Debt-to-EBITDA

For the Telecom Services subindustry, China Mobile'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 Mobile's Debt-to-EBITDA Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Mobile's Debt-to-EBITDA distribution charts can be found below:

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

China Mobile Debt-to-EBITDA Calculation

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

China Mobile'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
	=	(4926.333	+	9489.79)	/	53389.961
	=	0.27

China Mobile'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
	=	(0	+	9166.563)	/	21783.796
	=	0.42

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 Mobile (NYSE:CHL) 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 Mobile Debt-to-EBITDA Related Terms

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

China Mobile (China Mobile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Mobile Ltd (NYSE:CHL) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

941:Mexico 00941:Hong Kong CTM:Germany 600941:China

Address

99 Queen’s Road Central, 60th Floor, The Center, Hong Kong, HKG

Website

https://www.chinamobileltd.com

China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (990 million) but also the largest in the world. It has 60% of the total wireless market in China and 45% of the fixed-line broadband market. The firm is continuing to roll out its 5G network, having launched 5G service in late 2019. It is doing some 5G network sharing with China Broadnet at 700 MHz and also resells its 2G/4G/5G network through China Broadnet. Strong growth is being generated through internet data centers where it has the second-largest network in China and through Cloud Services. The company issued stock on the A-share market in 2022 and completed its first buyback of H-shares.