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Shanghai Zendai Property (HKSE:00755) Debt-to-EBITDA : 24.63 (As of Dec. 2023)


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What is Shanghai Zendai Property Debt-to-EBITDA?

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

Shanghai Zendai Property's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,207.5 Mil. Shanghai Zendai Property's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$617.9 Mil. Shanghai Zendai Property's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$74.1 Mil. Shanghai Zendai Property's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 24.63.

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 Shanghai Zendai Property's Debt-to-EBITDA or its related term are showing as below:

HKSE:00755' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -31.33   Med: -2.95   Max: 144.96
Current: 10.22

During the past 13 years, the highest Debt-to-EBITDA Ratio of Shanghai Zendai Property was 144.96. The lowest was -31.33. And the median was -2.95.

HKSE:00755's Debt-to-EBITDA is ranked worse than
68.43% of 1264 companies
in the Real Estate industry
Industry Median: 5.9 vs HKSE:00755: 10.22

Shanghai Zendai Property Debt-to-EBITDA Historical Data

The historical data trend for Shanghai Zendai Property'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.

Shanghai Zendai Property Debt-to-EBITDA Chart

Shanghai Zendai Property 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 -31.33 144.96 -6.48 0.58 8.01

Shanghai Zendai Property 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 -2.83 -31.42 0.29 6.55 24.63

Competitive Comparison of Shanghai Zendai Property's Debt-to-EBITDA

For the Real Estate - Development subindustry, Shanghai Zendai Property'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.


Shanghai Zendai Property's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Zendai Property's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Shanghai Zendai Property's Debt-to-EBITDA falls into.



Shanghai Zendai Property Debt-to-EBITDA Calculation

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

Shanghai Zendai Property'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
=(1207.489 + 617.882) / 227.905
=8.01

Shanghai Zendai Property'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
=(1207.489 + 617.882) / 74.126
=24.63

* 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.


Shanghai Zendai Property  (HKSE:00755) 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.


Shanghai Zendai Property Debt-to-EBITDA Related Terms

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


Shanghai Zendai Property (HKSE:00755) Business Description

Traded in Other Exchanges
N/A
Address
18 Harbour Road, Unit 6508, 65th Floor, Central Plaza, Wanchai, Hong Kong, HKG
Shanghai Zendai Property Ltd is an investment holding company engaged in the property development business. It is organized into three operating segments which comprise Sales of properties; Hotel operations; and Property rental, management, and agency services. The majority of its revenue is derived from the Sales of properties segment. All of the group's revenues are derived from the People's Republic of China.
Executives
China Orient Asset Management (international) Holding Limited 2106 Person having a security interest in shares
China Orient Asset Management Co., Ltd. 2201 Interest of corporation controlled by you
Dong Yin Development (holdings) Limited 2201 Interest of corporation controlled by you
Wise Leader Assets Ltd. 2201 Interest of corporation controlled by you
Nantong Sanjian Holding (hk) Co., Limited 2101 Beneficial owner
Nan Tong San Jian Kong Gu You Xian Gong Si 2106 Person having a security interest in shares

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