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Zhong Ji Longevity Science Group (HKSE:00767) Debt-to-EBITDA : -94.38 (As of Dec. 2023)


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What is Zhong Ji Longevity Science Group Debt-to-EBITDA?

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

Zhong Ji Longevity Science Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$15.99 Mil. Zhong Ji Longevity Science Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4.21 Mil. Zhong Ji Longevity Science Group's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-0.21 Mil. Zhong Ji Longevity Science Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -94.38.

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 Zhong Ji Longevity Science Group's Debt-to-EBITDA or its related term are showing as below:

HKSE:00767' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.29   Med: 0.84   Max: 3.02
Current: 3.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of Zhong Ji Longevity Science Group was 3.02. The lowest was -1.29. And the median was 0.84.

HKSE:00767's Debt-to-EBITDA is ranked better than
70.08% of 254 companies
in the Credit Services industry
Industry Median: 7.78 vs HKSE:00767: 3.02

Zhong Ji Longevity Science Group Debt-to-EBITDA Historical Data

The historical data trend for Zhong Ji Longevity Science Group'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.

Zhong Ji Longevity Science Group Debt-to-EBITDA Chart

Zhong Ji Longevity Science Group 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 -0.01 -1.29 1.08 0.84 1.44

Zhong Ji Longevity Science Group 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 0.23 0.83 1.75 1.72 -94.38

Competitive Comparison of Zhong Ji Longevity Science Group's Debt-to-EBITDA

For the Credit Services subindustry, Zhong Ji Longevity Science Group'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.


Zhong Ji Longevity Science Group's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Zhong Ji Longevity Science Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Zhong Ji Longevity Science Group's Debt-to-EBITDA falls into.



Zhong Ji Longevity Science Group Debt-to-EBITDA Calculation

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

Zhong Ji Longevity Science Group'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
=(15.988 + 4.209) / 14.015
=1.44

Zhong Ji Longevity Science Group'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
=(15.988 + 4.209) / -0.214
=-94.38

* 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.


Zhong Ji Longevity Science Group  (HKSE:00767) 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.


Zhong Ji Longevity Science Group Debt-to-EBITDA Related Terms

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


Zhong Ji Longevity Science Group (HKSE:00767) Business Description

Traded in Other Exchanges
N/A
Address
255-257 Gloucester Road, Suite Nos. 01-03, 19th Floor, Sino Plaza, Causeway Bay, Hong Kong, HKG
Zhong Ji Longevity Science Group Ltd is an investment holding company engaged in the business of loan facilitation services business, money lending business, securities and investment business, financial and investment advisory and property investment. It is also engaged in research and development and production of longevity biological products, as well as the development of medical service business including cell and gene therapy and detection test. Its segments consist of Loan facilitation services; Money lending; Securities and other investments; Financial and investment advisory; and Property investment. It derives the majority of revenue from Money Lending segment that loan financing for interest income.
Executives
Chainrai Balram 2101 Beneficial owner
Butani Pap Udharam 2101 Beneficial owner
Li Yan 2101 Beneficial owner
So Hoi Wing Jackson 2101 Beneficial owner
Wong So Wai
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Ma Hongyi 2201 Interest of corporation controlled by you
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Ng Kwok Fai 2201 Interest of corporation controlled by you
Su Weibiao 2101 Beneficial owner

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