Yincheng Life Service Co (HKSE:01922) Debt-to-EBITDA : 0.61 (As of Dec. 2023)

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What is Yincheng Life Service Co Debt-to-EBITDA?

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

Yincheng Life Service Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$90 Mil. Yincheng Life Service Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$45 Mil. Yincheng Life Service Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$222 Mil. Yincheng Life Service Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.61.

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 Yincheng Life Service Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:01922' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.59 Med: 1.39 Max: 2.3
Current: 0.59

During the past 8 years, the highest Debt-to-EBITDA Ratio of Yincheng Life Service Co was 2.30. The lowest was 0.59. And the median was 1.39.

HKSE:01922's Debt-to-EBITDA is ranked better than
87.63% of 1261 companies
in the Real Estate industry
Industry Median: 5.95 vs HKSE:01922: 0.59

Yincheng Life Service Co Debt-to-EBITDA Historical Data

The historical data trend for Yincheng Life Service Co'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.

Yincheng Life Service Co Debt-to-EBITDA Chart

Yincheng Life Service Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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1.00

2.30

1.38

0.72

0.59

Yincheng Life Service Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial								1.25	0.93	0.70	0.60	0.61

Competitive Comparison of Yincheng Life Service Co's Debt-to-EBITDA

For the Real Estate Services subindustry, Yincheng Life Service Co'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.

Yincheng Life Service Co's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Yincheng Life Service Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Yincheng Life Service Co's Debt-to-EBITDA falls into.

Yincheng Life Service Co Debt-to-EBITDA Calculation

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

Yincheng Life Service Co'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
	=	(90.091	+	45.126)	/	228.956
	=	0.59

Yincheng Life Service Co'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
	=	(90.091	+	45.126)	/	222.08
	=	0.61

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.

Yincheng Life Service Co (HKSE:01922) 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.

Yincheng Life Service Co Debt-to-EBITDA Related Terms

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

Yincheng Life Service Co (HKSE:01922) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yincheng Life Service Co Ltd (HKSE:01922) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

289 Jiangdong Avenue North, 5th Floor, Block A Yincheng Plaza, Jiangsu Province, Nanjing, CHN

Website

http://www.yinchenglife.hk

Yincheng Life Service Co Ltd is a property management service provider. It provides diversified property management services and value-added services for living communities. The business covers a wide range of properties, including residential and non-residential properties such as government facilities, financial institutions, property sales offices, hospitals, commercial complex, parks, highway service areas.

Executives

First Beijing Investment Limited	2102 Investment manager
Silver Huang Holding Limited	2101 Beneficial owner
Huang Qingping	2201 Interest of corporation controlled by you
Hongkong Ruihua Investment Management Limited	2101 Beneficial owner
Zhang Jianbin	2201 Interest of corporation controlled by you
Jiang Su Rui Hua Tou Zi Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Silver Zhu Holding Limited	2101 Beneficial owner
Zhu Linnan	2201 Interest of corporation controlled by you

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