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China Yuchai International (China Yuchai International) Debt-to-EBITDA : 5.19 (As of Dec. 2023)


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What is China Yuchai International Debt-to-EBITDA?

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

China Yuchai International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $264 Mil. China Yuchai International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $99 Mil. China Yuchai International's annualized EBITDA for the quarter that ended in Dec. 2023 was $70 Mil. China Yuchai International's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 5.19.

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 China Yuchai International's Debt-to-EBITDA or its related term are showing as below:

CYD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.63   Med: 1.34   Max: 2.16
Current: 2.16

During the past 13 years, the highest Debt-to-EBITDA Ratio of China Yuchai International was 2.16. The lowest was 0.63. And the median was 1.34.

CYD's Debt-to-EBITDA is ranked better than
53.99% of 1041 companies
in the Vehicles & Parts industry
Industry Median: 2.36 vs CYD: 2.16

China Yuchai International Debt-to-EBITDA Historical Data

The historical data trend for China Yuchai International'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.

China Yuchai International Debt-to-EBITDA Chart

China Yuchai International 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 1.30 1.41 1.97 2.16 1.94

China Yuchai International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 21.89 - 5.25 - 5.19

Competitive Comparison of China Yuchai International's Debt-to-EBITDA

For the Auto Parts subindustry, China Yuchai International'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.


China Yuchai International's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Yuchai International's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Yuchai International's Debt-to-EBITDA falls into.



China Yuchai International Debt-to-EBITDA Calculation

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

China Yuchai International'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
=(263.797 + 98.878) / 186.55
=1.94

China Yuchai International'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
=(263.797 + 98.878) / 69.922
=5.19

* 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 two times the quarterly (Dec. 2023) EBITDA data.


China Yuchai International  (NYSE:CYD) 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.


China Yuchai International Debt-to-EBITDA Related Terms

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


China Yuchai International (China Yuchai International) Business Description

Traded in Other Exchanges
Address
16 Raffles Quay No. 39-01A, No. 39-01A, Hong Leong Building, Singapore, SGP, 048581
China Yuchai International Ltd is a Bermuda holding company that is a subsidiary of Singapore-based Hong Leong Asia. China Yuchai International primarily operates through its majority-owned subsidiary Guangxi Yuchai Machinery Company, a China-based company that manufactures, assembles, and distributes diesel engines for various vehicles including trucks, buses, and cars, as well as construction and agricultural, marine, and power-generation equipment. The company generates the majority of its sales from the Chinese market.