China Distance Education Holdings (China Distance Education Holdings) Debt-to-EBITDA : 1.39 (As of Sep. 2020)

China Distance Education Holdings Debt-to-EBITDA Chart

China Distance Education Holdings Annual Data
	Trend	Sep11	Sep12	Sep13	Sep14	Sep15	Sep16	Sep17	Sep18	Sep19	Sep20
Debt-to-EBITDA		Get a 7-Day Free Trial					0.42	1.86	2.58	0.93	1.67

China Distance Education Holdings Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Debt-to-EBITDA	Get a 7-Day Free Trial															0.59	56.94	2.70	4.65	1.39

Competitive Comparison of China Distance Education Holdings's Debt-to-EBITDA

For the Education & Training Services subindustry, China Distance Education Holdings'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 Distance Education Holdings's Debt-to-EBITDA Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Distance Education Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Distance Education Holdings's Debt-to-EBITDA falls into.

China Distance Education Holdings Debt-to-EBITDA Calculation

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

China Distance Education Holdings's Debt-to-EBITDA for the fiscal year that ended in Sep. 2020 is calculated as

China Distance Education Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2020 is calculated as

* 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 (Sep. 2020) EBITDA data.

China Distance Education Holdings  (NYSE:DL) 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 Distance Education Holdings Debt-to-EBITDA Related Terms

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

China Distance Education Holdings (China Distance Education Holdings) Business Description