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Xiamen Anne (SZSE:002235) Debt-to-EBITDA : 3.79 (As of Mar. 2024)


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What is Xiamen Anne Debt-to-EBITDA?

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

Xiamen Anne's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥61.4 Mil. Xiamen Anne's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.7 Mil. Xiamen Anne's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥16.4 Mil. Xiamen Anne's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.79.

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 Xiamen Anne's Debt-to-EBITDA or its related term are showing as below:

SZSE:002235' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.6   Med: 0.5   Max: 2.86
Current: -0.22

During the past 13 years, the highest Debt-to-EBITDA Ratio of Xiamen Anne was 2.86. The lowest was -1.60. And the median was 0.50.

SZSE:002235's Debt-to-EBITDA is ranked worse than
100% of 224 companies
in the Forest Products industry
Industry Median: 3.205 vs SZSE:002235: -0.22

Xiamen Anne Debt-to-EBITDA Historical Data

The historical data trend for Xiamen Anne'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.

Xiamen Anne Debt-to-EBITDA Chart

Xiamen Anne 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 2.86 -0.32 2.47 -0.48 -0.24

Xiamen Anne Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 1.93 6.95 -1.09 -0.06 3.79

Competitive Comparison of Xiamen Anne's Debt-to-EBITDA

For the Paper & Paper Products subindustry, Xiamen Anne'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.


Xiamen Anne's Debt-to-EBITDA Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Xiamen Anne's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Xiamen Anne's Debt-to-EBITDA falls into.



Xiamen Anne Debt-to-EBITDA Calculation

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

Xiamen Anne'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
=(61.603 + 0.672) / -264.1
=-0.24

Xiamen Anne'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
=(61.412 + 0.662) / 16.4
=3.79

* 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.


Xiamen Anne  (SZSE:002235) 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.


Xiamen Anne Debt-to-EBITDA Related Terms

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


Xiamen Anne (SZSE:002235) Business Description

Traded in Other Exchanges
N/A
Address
No. 99 Jinyuan South Road, Xinlin, Jimei District, Fujian, Xiamen, CHN, 361022
Xiamen Anne Corp Ltd is a China-based company focused on the research and development, production, distribution and integrated application and services. Its businesses include digital rights services, digital marketing services, business information paper products marketing services, and lottery marketing services. The company specializes in offering online digital rights application services. Its product, Digital Copyright Service Platform for Digital Rights, as long as 3 minutes, utilizes innovative intelligent AI and blockchain reinforcement technology to provide digital rights services based on the DCI digital copyright protection system.

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