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YanTai Metastar Special Paper Co (BJSE:833394) Debt-to-EBITDA : 0.02 (As of Mar. 2024)


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What is YanTai Metastar Special Paper Co Debt-to-EBITDA?

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

YanTai Metastar Special Paper Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil. YanTai Metastar Special Paper Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2.1 Mil. YanTai Metastar Special Paper Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥96.7 Mil. YanTai Metastar Special Paper Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.02.

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 YanTai Metastar Special Paper Co's Debt-to-EBITDA or its related term are showing as below:

BJSE:833394' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02   Med: 0.26   Max: 0.26
Current: 0.02

During the past 11 years, the highest Debt-to-EBITDA Ratio of YanTai Metastar Special Paper Co was 0.26. The lowest was 0.02. And the median was 0.26.

BJSE:833394's Debt-to-EBITDA is ranked better than
98.02% of 1210 companies
in the Chemicals industry
Industry Median: 2.365 vs BJSE:833394: 0.02

YanTai Metastar Special Paper Co Debt-to-EBITDA Historical Data

The historical data trend for YanTai Metastar Special Paper 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.

YanTai Metastar Special Paper Co Debt-to-EBITDA Chart

YanTai Metastar Special Paper 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 0.26 - - - -

YanTai Metastar Special Paper Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 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 - - - - 0.02

Competitive Comparison of YanTai Metastar Special Paper Co's Debt-to-EBITDA

For the Specialty Chemicals subindustry, YanTai Metastar Special Paper 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.


YanTai Metastar Special Paper Co's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, YanTai Metastar Special Paper Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where YanTai Metastar Special Paper Co's Debt-to-EBITDA falls into.



YanTai Metastar Special Paper Co Debt-to-EBITDA Calculation

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

YanTai Metastar Special Paper 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
=(0 + 0) / 114.285
=0.00

YanTai Metastar Special Paper 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
=(0 + 2.078) / 96.66
=0.02

* 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.


YanTai Metastar Special Paper Co  (BJSE:833394) 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.


YanTai Metastar Special Paper Co Debt-to-EBITDA Related Terms

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


YanTai Metastar Special Paper Co (BJSE:833394) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Taiyuan Road, Economic and Technological Development Zone, Shandong Province, Yantai, CHN, 264006
YanTai Metastar Special Paper Co Ltd is engaged in the research and development, production and sales of aramid paper and its derivatives.

YanTai Metastar Special Paper Co (BJSE:833394) Headlines

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