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Winall Hi-tech Seed Co (SZSE:300087) Debt-to-EBITDA : 13.79 (As of Mar. 2024)


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What is Winall Hi-tech Seed Co Debt-to-EBITDA?

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

Winall Hi-tech Seed Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,168 Mil. Winall Hi-tech Seed Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥613 Mil. Winall Hi-tech Seed Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥129 Mil. Winall Hi-tech Seed Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 13.79.

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 Winall Hi-tech Seed Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:300087' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.04   Med: 0.6   Max: 4.6
Current: 4.6

During the past 13 years, the highest Debt-to-EBITDA Ratio of Winall Hi-tech Seed Co was 4.60. The lowest was 0.04. And the median was 0.60.

SZSE:300087's Debt-to-EBITDA is ranked worse than
73.55% of 1429 companies
in the Consumer Packaged Goods industry
Industry Median: 2.13 vs SZSE:300087: 4.60

Winall Hi-tech Seed Co Debt-to-EBITDA Historical Data

The historical data trend for Winall Hi-tech Seed 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.

Winall Hi-tech Seed Co Debt-to-EBITDA Chart

Winall Hi-tech Seed 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 0.60 2.49 2.08 2.77 2.85

Winall Hi-tech Seed 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 6.02 7.69 -5.33 1.01 13.79

Competitive Comparison of Winall Hi-tech Seed Co's Debt-to-EBITDA

For the Farm Products subindustry, Winall Hi-tech Seed 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.


Winall Hi-tech Seed Co's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Winall Hi-tech Seed Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Winall Hi-tech Seed Co's Debt-to-EBITDA falls into.



Winall Hi-tech Seed Co Debt-to-EBITDA Calculation

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

Winall Hi-tech Seed 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
=(826.296 + 651.91) / 519.653
=2.84

Winall Hi-tech Seed 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
=(1167.588 + 612.582) / 129.072
=13.79

* 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.


Winall Hi-tech Seed Co  (SZSE:300087) 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.


Winall Hi-tech Seed Co Debt-to-EBITDA Related Terms

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


Winall Hi-tech Seed Co (SZSE:300087) Business Description

Traded in Other Exchanges
N/A
Address
Tian Chi Road, Hefei High-tech Industrial Development Zone No 3, Hefei, CHN, 230088
Winall Hi-tech Seed Co Ltd is a seed company. It is engaged in the breeding of various crop seeds in China. The company produces hybrid rice varieties from double cropping; and three-line two-line hybrid rice varieties, as well as corn, wheat, cottonseed oil, vegetables, west melon, pumpkin, and other crop seeds.

Winall Hi-tech Seed Co (SZSE:300087) Headlines

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