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Lepu Scientech Medical Technology (Shanghai) Co (HKSE:02291) Debt-to-EBITDA : 0.01 (As of Dec. 2023)


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What is Lepu Scientech Medical Technology (Shanghai) Co Debt-to-EBITDA?

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

Lepu Scientech Medical Technology (Shanghai) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1.5 Mil. Lepu Scientech Medical Technology (Shanghai) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1.2 Mil. Lepu Scientech Medical Technology (Shanghai) Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$187.4 Mil. Lepu Scientech Medical Technology (Shanghai) Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.01.

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 Lepu Scientech Medical Technology (Shanghai) Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:02291' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.18
Current: 0.01

During the past 5 years, the highest Debt-to-EBITDA Ratio of Lepu Scientech Medical Technology (Shanghai) Co was 0.18. The lowest was 0.00. And the median was 0.01.

HKSE:02291's Debt-to-EBITDA is ranked better than
99.77% of 429 companies
in the Medical Devices & Instruments industry
Industry Median: 1.26 vs HKSE:02291: 0.01

Lepu Scientech Medical Technology (Shanghai) Co Debt-to-EBITDA Historical Data

The historical data trend for Lepu Scientech Medical Technology (Shanghai) 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.

Lepu Scientech Medical Technology (Shanghai) Co Debt-to-EBITDA Chart

Lepu Scientech Medical Technology (Shanghai) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
0.01 - 0.07 0.18 0.01

Lepu Scientech Medical Technology (Shanghai) Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial 0.08 0.09 -0.05 0.02 0.01

Competitive Comparison of Lepu Scientech Medical Technology (Shanghai) Co's Debt-to-EBITDA

For the Medical Devices subindustry, Lepu Scientech Medical Technology (Shanghai) 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.


Lepu Scientech Medical Technology (Shanghai) Co's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Lepu Scientech Medical Technology (Shanghai) Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Lepu Scientech Medical Technology (Shanghai) Co's Debt-to-EBITDA falls into.



Lepu Scientech Medical Technology (Shanghai) Co Debt-to-EBITDA Calculation

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

Lepu Scientech Medical Technology (Shanghai) 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
=(1.467 + 1.202) / 206.943
=0.01

Lepu Scientech Medical Technology (Shanghai) 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
=(1.467 + 1.202) / 187.438
=0.01

* 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.


Lepu Scientech Medical Technology (Shanghai) Co  (HKSE:02291) 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.


Lepu Scientech Medical Technology (Shanghai) Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Lepu Scientech Medical Technology (Shanghai) Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Lepu Scientech Medical Technology (Shanghai) Co (HKSE:02291) Business Description

Traded in Other Exchanges
N/A
Address
No. 258, Xinzhuan Road, 1st Floor, 5th Floor Building 41, Songjiang District, Shanghai, CHN, 201612
Lepu Scientech Medical Technology (Shanghai) Co Ltd is focused on the research and development, production and marketing of structural heart disease medical interventional devices.
Executives
Pu Zhongjie 2201 Interest of corporation controlled by you
Le Pu Bei Jing Yi Liao Qi Xie Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

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