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Jinke Property Group Co (SZSE:000656) Debt-to-EBITDA : -121.86 (As of Mar. 2024)


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What is Jinke Property Group Co Debt-to-EBITDA?

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

Jinke Property Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥41,806 Mil. Jinke Property Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥22,094 Mil. Jinke Property Group Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥-524 Mil. Jinke Property Group Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -121.86.

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

SZSE:000656' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -25.66   Med: 11.98   Max: 32.29
Current: -19.56

During the past 13 years, the highest Debt-to-EBITDA Ratio of Jinke Property Group Co was 32.29. The lowest was -25.66. And the median was 11.98.

SZSE:000656's Debt-to-EBITDA is ranked worse than
100% of 1248 companies
in the Real Estate industry
Industry Median: 5.99 vs SZSE:000656: -19.56

Jinke Property Group Co Debt-to-EBITDA Historical Data

The historical data trend for Jinke Property 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 Property Group Co Debt-to-EBITDA Chart

Jinke Property Group Co 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 10.30 7.33 8.21 -3.15 -25.66

Jinke Property Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 39.80 -42.04 12.20 -3.93 -121.86

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

For the Real Estate - Development subindustry, Jinke Property 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 Property Group Co's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Jinke Property Group Co Debt-to-EBITDA Calculation

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

Jinke Property 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
=(38008.224 + 26635.643) / -2519.407
=-25.66

Jinke Property Group Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(41805.862 + 22094.404) / -524.376
=-121.86

* 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 four times the quarterly (Mar. 2024) EBITDA data.


Jinke Property Group Co  (SZSE:000656) 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 Property Group Co Debt-to-EBITDA Related Terms

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


Jinke Property Group Co (SZSE:000656) Business Description

Traded in Other Exchanges
N/A
Address
Chunlan Road, Jinjiang Group, Chongqing Geological Survey Building, No. 1, Liangjiang New District, Chongqing, CHN, 400020
Jinke Property Group Co Ltd is real estate company engaged in the commercial real estate, industrial real estate, and green residential projects. The company designs real estate gardens develop eco-cities and are involved in garden planning.
Executives
Song Ke Executives
Zhang Qiang Directors, executives
Huang Zhong Qiang Executives
Chen Xing Hong Director
Yang Cheng Jun Directors, executives
Liang Zhong Tai Supervisors
Zhou Da Director
Wang Wei Executives
Luo Li Cheng Executives
Chen Gang Director
Li Hua Executives
Wang Hong Fei Executives
Luo Liang Director
Liu Zhong Hai Supervisors
Jiang Si Hai Director

Jinke Property Group Co (SZSE:000656) Headlines

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