Redsun Properties Group (HKSE:01996) Debt-to-EBITDA : -3.26 (As of Dec. 2023)

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What is Redsun Properties Group Debt-to-EBITDA?

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

Redsun Properties Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$18,916 Mil. Redsun Properties Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5,519 Mil. Redsun Properties Group's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-7,497 Mil. Redsun Properties Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -3.26.

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 Redsun Properties Group's Debt-to-EBITDA or its related term are showing as below:

HKSE:01996' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -13.17 Med: 4.83 Max: 8.72
Current: -4.29

During the past 9 years, the highest Debt-to-EBITDA Ratio of Redsun Properties Group was 8.72. The lowest was -13.17. And the median was 4.83.

HKSE:01996's Debt-to-EBITDA is ranked worse than
100% of 1264 companies
in the Real Estate industry
Industry Median: 5.9 vs HKSE:01996: -4.29

Redsun Properties Group Debt-to-EBITDA Historical Data

The historical data trend for Redsun Properties 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.

Redsun Properties Group Debt-to-EBITDA Chart

Redsun Properties Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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8.72

7.97

8.24

-13.17

-4.29

Redsun Properties Group Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial											8.75	17.58	-4.61	-6.70	-3.26

Competitive Comparison of Redsun Properties Group's Debt-to-EBITDA

For the Real Estate - Development subindustry, Redsun Properties 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.

Redsun Properties Group's Debt-to-EBITDA Distribution in the Real Estate Industry

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

* The bar in red indicates where Redsun Properties Group's Debt-to-EBITDA falls into.

Redsun Properties Group Debt-to-EBITDA Calculation

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

Redsun Properties 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
	=	(18915.504	+	5519.203)	/	-5694.55
	=	-4.29

Redsun Properties 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
	=	(18915.504	+	5519.203)	/	-7497.198
	=	-3.26

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.

Redsun Properties Group (HKSE:01996) 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.

Redsun Properties Group Debt-to-EBITDA Related Terms

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

Redsun Properties Group (HKSE:01996) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Redsun Properties Group Ltd (HKSE:01996) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

0RJ:Germany

Address

No. 9 Daqiao North Road, 26th Floor, Hong Yang Building, Pukou District, Jiangsu Province, Nanjing, CHN

Website

https://www.rsunproperty.hk

Redsun Properties Group Ltd is a China-based company engages in the property development business. It's business operations consist of three principal business segments: Property Development and Sales; Commercial Property Investment and Operations; and Hotel Operations. The company derived its revenue from sale of its developed residential properties and supporting retail properties, rental income from the investment in and operation of commercial properties, and service fee income from its hotel operaTions.

Executives

Hong Yang Group (holdings) Limited	2201 Interest of corporation controlled by you
Hong Yang Group Company Limited	2201 Interest of corporation controlled by you
Hong Yang International Limited	2201 Interest of corporation controlled by you
Redsun Properties Group (holdings) Limited	2101 Beneficial owner
Chen Sihong	2202 Interest of your spouse
Zeng Huansha	2201 Interest of corporation controlled by you

Redsun Properties Group (HKSE:01996) Headlines

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