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Gemdale Properties and Investment (HKSE:00535) Debt-to-EBITDA : 3.37 (As of Dec. 2023)


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What is Gemdale Properties and Investment Debt-to-EBITDA?

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

Gemdale Properties and Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,410 Mil. Gemdale Properties and Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$12,145 Mil. Gemdale Properties and Investment's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$4,022 Mil. Gemdale Properties and Investment's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.37.

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 Gemdale Properties and Investment's Debt-to-EBITDA or its related term are showing as below:

HKSE:00535' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.93   Med: 1.94   Max: 3.89
Current: 3.89

During the past 13 years, the highest Debt-to-EBITDA Ratio of Gemdale Properties and Investment was 3.89. The lowest was 0.93. And the median was 1.94.

HKSE:00535's Debt-to-EBITDA is ranked better than
62.57% of 1261 companies
in the Real Estate industry
Industry Median: 5.95 vs HKSE:00535: 3.89

Gemdale Properties and Investment Debt-to-EBITDA Historical Data

The historical data trend for Gemdale Properties and Investment'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.

Gemdale Properties and Investment Debt-to-EBITDA Chart

Gemdale Properties and Investment 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 1.44 2.49 0.93 1.52 3.89

Gemdale Properties and Investment 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 0.70 1.40 1.38 5.13 3.37

Competitive Comparison of Gemdale Properties and Investment's Debt-to-EBITDA

For the Real Estate - Development subindustry, Gemdale Properties and Investment'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.


Gemdale Properties and Investment's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Gemdale Properties and Investment's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Gemdale Properties and Investment's Debt-to-EBITDA falls into.



Gemdale Properties and Investment Debt-to-EBITDA Calculation

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

Gemdale Properties and Investment'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
=(1410.153 + 12144.626) / 3486.239
=3.89

Gemdale Properties and Investment'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
=(1410.153 + 12144.626) / 4022.438
=3.37

* 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.


Gemdale Properties and Investment  (HKSE:00535) 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.


Gemdale Properties and Investment Debt-to-EBITDA Related Terms

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


Gemdale Properties and Investment (HKSE:00535) Business Description

Traded in Other Exchanges
N/A
Address
28 Queen’s Road Central, 19th Floor, Central Tower, Central, Hong Kong, HKG
Gemdale Properties and Investment Corp Ltd is an investment holding company that operates through four segments. The property development segment, which produces the company's revenue, develops and sells residential and commercial properties. The property investment and management segment invests and manages business parks and commercial properties. In the microfinance segment, Gemdale provides financial services to potential property buyers and small businesses. The corporate segment provides corporate management services to residential, commercial, and business park projects. The company generates almost all of its revenue from Mainland China.
Executives
Gemdale Corporation 2201 Interest of corporation controlled by you
Lippo Capital Group Limited 2201 Interest of corporation controlled by you
Riady Stephen 2201 Interest of corporation controlled by you
Leonardi Shincee 2202 Interest of your spouse
Riady James Tjahaja 2201 Interest of corporation controlled by you
Pt Trijaya Utama Mandiri 2201 Interest of corporation controlled by you
Oue Limited 2201 Interest of corporation controlled by you
Lippo Limited 2201 Interest of corporation controlled by you
Lippo Capital Limited 2201 Interest of corporation controlled by you
Lippo Capital Holdings Company Limited 2201 Interest of corporation controlled by you
Lippo Asm Asia Property Limited 2201 Interest of corporation controlled by you
Hongkong Chinese Limited 2201 Interest of corporation controlled by you
Hambali Aileen 2202 Interest of your spouse
Fortune Crane Limited 2201 Interest of corporation controlled by you
Chan Kin 2201 Interest of corporation controlled by you

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