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Far East Consortium International (HKSE:00035) Debt-to-EBITDA : 11.60 (As of Sep. 2023)


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What is Far East Consortium International Debt-to-EBITDA?

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

Far East Consortium International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$15,139 Mil. Far East Consortium International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$14,106 Mil. Far East Consortium International's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$2,521 Mil. Far East Consortium International's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 11.60.

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

HKSE:00035' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.32   Med: 7.34   Max: 18.74
Current: 17.27

During the past 13 years, the highest Debt-to-EBITDA Ratio of Far East Consortium International was 18.74. The lowest was 5.32. And the median was 7.34.

HKSE:00035's Debt-to-EBITDA is ranked worse than
83.19% of 1261 companies
in the Real Estate industry
Industry Median: 5.95 vs HKSE:00035: 17.27

Far East Consortium International Debt-to-EBITDA Historical Data

The historical data trend for Far East Consortium International'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.

Far East Consortium International Debt-to-EBITDA Chart

Far East Consortium International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.02 13.92 13.92 12.17 18.74

Far East Consortium International Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 8.17 19.09 12.14 37.69 11.60

Competitive Comparison of Far East Consortium International's Debt-to-EBITDA

For the Real Estate - Development subindustry, Far East Consortium International'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.


Far East Consortium International's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Far East Consortium International's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Far East Consortium International's Debt-to-EBITDA falls into.



Far East Consortium International Debt-to-EBITDA Calculation

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

Far East Consortium International's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(21446.424 + 11207.683) / 1742.188
=18.74

Far East Consortium International's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(15138.634 + 14105.526) / 2521.19
=11.60

* 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 (Sep. 2023) EBITDA data.


Far East Consortium International  (HKSE:00035) 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.


Far East Consortium International Debt-to-EBITDA Related Terms

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


Far East Consortium International (HKSE:00035) Business Description

Traded in Other Exchanges
Address
121 Des Voeux Road Central, 16th Floor, Far East Consortium Building, Hong Kong, HKG
Far East Consortium International Ltd is a regional conglomerate operating in property development, hospitality, and car parking ventures. The property development division contributes around half of the company's revenue. Its portfolio of properties spans mainland China, Hong Kong, Singapore, Malaysia, Australia, and the United Kingdom. The projects comprise a mix of residential, hotel, and resort development. The group operates a hotel business through its subsidiary, Dorsett Hospitality International. Most of the hotel revenue is generated from the Hong Kong market. The car park division represents a smaller portion of the business, which is involved in managing both third-party and self-owned car parks.
Executives
Chiu David 2201 Interest of corporation controlled by you

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