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Xinjiang Beixin Road & Bridge Group Co (SZSE:002307) Debt-to-EBITDA : 42.73 (As of Mar. 2024)


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What is Xinjiang Beixin Road & Bridge Group Co Debt-to-EBITDA?

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

Xinjiang Beixin Road & Bridge Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,969 Mil. Xinjiang Beixin Road & Bridge Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥32,500 Mil. Xinjiang Beixin Road & Bridge Group Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥853 Mil. Xinjiang Beixin Road & Bridge Group Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 42.73.

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 Xinjiang Beixin Road & Bridge Group Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:002307' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 12.32   Med: 22.41   Max: 36.06
Current: 36.06

During the past 13 years, the highest Debt-to-EBITDA Ratio of Xinjiang Beixin Road & Bridge Group Co was 36.06. The lowest was 12.32. And the median was 22.41.

SZSE:002307's Debt-to-EBITDA is ranked worse than
97.71% of 1310 companies
in the Construction industry
Industry Median: 2.305 vs SZSE:002307: 36.06

Xinjiang Beixin Road & Bridge Group Co Debt-to-EBITDA Historical Data

The historical data trend for Xinjiang Beixin Road & Bridge Group 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.

Xinjiang Beixin Road & Bridge Group Co Debt-to-EBITDA Chart

Xinjiang Beixin Road & Bridge Group Co 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 28.01 28.19 27.71 24.39 27.19

Xinjiang Beixin Road & Bridge Group Co 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 41.40 33.31 32.09 31.24 42.73

Competitive Comparison of Xinjiang Beixin Road & Bridge Group Co's Debt-to-EBITDA

For the Engineering & Construction subindustry, Xinjiang Beixin Road & Bridge Group 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.


Xinjiang Beixin Road & Bridge Group Co's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Xinjiang Beixin Road & Bridge Group Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Xinjiang Beixin Road & Bridge Group Co's Debt-to-EBITDA falls into.



Xinjiang Beixin Road & Bridge Group Co Debt-to-EBITDA Calculation

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

Xinjiang Beixin Road & Bridge Group 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
=(2870.826 + 31809.91) / 1275.573
=27.19

Xinjiang Beixin Road & Bridge Group 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
=(3969.048 + 32499.847) / 853.44
=42.73

* 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.


Xinjiang Beixin Road & Bridge Group Co  (SZSE:002307) 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.


Xinjiang Beixin Road & Bridge Group Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Xinjiang Beixin Road & Bridge Group Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Xinjiang Beixin Road & Bridge Group Co (SZSE:002307) Business Description

Traded in Other Exchanges
N/A
Address
No. 217 Gaoxin Street, 16-17, Block A, Yingke Plaza, High-tech Zone, Urumqi, Uygur Autonomous Region, Xinjiang, CHN, 830011
Xinjiang Beixin Road & Bridge Group Co Ltd is engaged in road, tunnel and bridge construction. The company also specializes in the production and sale of construction materials, commercial concrete, and asphalt concrete.
Executives
Yang Wen Cheng Supervisors
Yang Jun Executives
Lv Wei Executives
Xiong Bao Heng Director
Duan Hui Lin Executives
Sun Yu Director
Zhu Chun Yan Supervisors
Zhang Hui Supervisors
Ye Cheng Guang Supervisors
Zhang Guo Dong Executives
Lian Jian Ping Executives

Xinjiang Beixin Road & Bridge Group Co (SZSE:002307) Headlines

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