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Xi an Actionpower Electric Co (SHSE:688719) Debt-to-EBITDA : 2.29 (As of Mar. 2024)


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What is Xi an Actionpower Electric Co Debt-to-EBITDA?

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

Xi an Actionpower Electric Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥7.0 Mil. Xi an Actionpower Electric Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥6.0 Mil. Xi an Actionpower Electric Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥5.7 Mil. Xi an Actionpower Electric Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.29.

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 Xi an Actionpower Electric Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:688719' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -22.19   Med: 1.39   Max: 3.42
Current: 0.09

During the past 8 years, the highest Debt-to-EBITDA Ratio of Xi an Actionpower Electric Co was 3.42. The lowest was -22.19. And the median was 1.39.

SHSE:688719's Debt-to-EBITDA is ranked better than
90.6% of 2297 companies
in the Industrial Products industry
Industry Median: 1.74 vs SHSE:688719: 0.09

Xi an Actionpower Electric Co Debt-to-EBITDA Historical Data

The historical data trend for Xi an Actionpower Electric 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.

Xi an Actionpower Electric Co Debt-to-EBITDA Chart

Xi an Actionpower Electric Co Annual Data
Trend Dec12 Dec13 Dec14 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -22.19 3.42 1.86 1.62 0.07

Xi an Actionpower Electric Co Quarterly Data
Dec12 Dec13 Dec14 Mar15 Dec19 Dec20 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 - 0.72 0.71 0.07 2.29

Competitive Comparison of Xi an Actionpower Electric Co's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Xi an Actionpower Electric 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.


Xi an Actionpower Electric Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xi an Actionpower Electric Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Xi an Actionpower Electric Co's Debt-to-EBITDA falls into.



Xi an Actionpower Electric Co Debt-to-EBITDA Calculation

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

Xi an Actionpower Electric 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
=(9.238 + 2.893) / 169.242
=0.07

Xi an Actionpower Electric 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
=(7 + 6.02) / 5.684
=2.29

* 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.


Xi an Actionpower Electric Co  (SHSE:688719) 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.


Xi an Actionpower Electric Co Debt-to-EBITDA Related Terms

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


Xi an Actionpower Electric Co (SHSE:688719) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Information Avenue, New Industrial Park, High-tech Zone, Shaanxi, Xi'an, CHN, 710119
Xi an Actionpower Electric Co Ltd is engaged in research and development, production and sales of power electronic conversion and control equipment.

Xi an Actionpower Electric Co (SHSE:688719) Headlines

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