Jinke Smart Services Group Co (HKSE:09666) Debt-to-EBITDA : -0.05 (As of Dec. 2023)

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What is Jinke Smart Services Group Co Debt-to-EBITDA?

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

Jinke Smart Services Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$29 Mil. Jinke Smart Services Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$107 Mil. Jinke Smart Services Group Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-3,021 Mil. Jinke Smart Services Group Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.04.

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 Jinke Smart Services Group Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:09666' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.12 Med: 0.15 Max: 6.31
Current: -0.11

During the past 7 years, the highest Debt-to-EBITDA Ratio of Jinke Smart Services Group Co was 6.31. The lowest was -0.12. And the median was 0.15.

HKSE:09666's Debt-to-EBITDA is ranked worse than
100% of 1263 companies
in the Real Estate industry
Industry Median: 5.76 vs HKSE:09666: -0.11

Jinke Smart Services Group Co Debt-to-EBITDA Historical Data

The historical data trend for Jinke Smart Services Group 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.

Jinke Smart Services Group Co Debt-to-EBITDA Chart

Jinke Smart Services Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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2.95

0.06

0.15

-0.08

-0.12

Jinke Smart Services Group Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial							0.15	0.29	-0.03	0.37	-0.05

Competitive Comparison of Jinke Smart Services Group Co's Debt-to-EBITDA

For the Real Estate Services subindustry, Jinke Smart Services Group 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.

Jinke Smart Services Group Co's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jinke Smart Services Group Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Jinke Smart Services Group Co's Debt-to-EBITDA falls into.

Jinke Smart Services Group Co Debt-to-EBITDA Calculation

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

Jinke Smart Services Group 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
	=	(29.002	+	106.553)	/	-1118.42
	=	-0.12

Jinke Smart Services Group 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
	=	(29.002	+	106.553)	/	-3021.064
	=	-0.04

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.

Jinke Smart Services Group Co (HKSE:09666) 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.

Jinke Smart Services Group Co Debt-to-EBITDA Related Terms

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

Jinke Smart Services Group Co (HKSE:09666) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Jinke Smart Services Group Co Ltd (HKSE:09666) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 480, Panxi Road, Shimahe Street, Building A4, East Zone, Jinke Shiniancheng, Jiangbei District, Chongqing, CHN

Website

http://www.jinkeservice.com

Jinke Smart Services Group Co Ltd is a smart property management service provider in China. The firm is principally engaged in the provision of property management services, value-added services to non-property owners, community value-added services, and smart living technology solutions. It has focused on the three main regions in China that are Southwestern China, Eastern & Southern China, Central China, and other regions where it generates a majority of its revenue from the Southwestern China Region.

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