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Jiangsu Eastern Shenghong Co (XSWX:DFSH) Debt-to-EBITDA : 25.94 (As of Mar. 2024)


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What is Jiangsu Eastern Shenghong Co Debt-to-EBITDA?

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

Jiangsu Eastern Shenghong Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $8,470 Mil. Jiangsu Eastern Shenghong Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $10,499 Mil. Jiangsu Eastern Shenghong Co's annualized EBITDA for the quarter that ended in Mar. 2024 was $731 Mil. Jiangsu Eastern Shenghong Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 25.93.

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 Jiangsu Eastern Shenghong Co's Debt-to-EBITDA or its related term are showing as below:

XSWX:DFSH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.92   Med: 3.02   Max: 37.63
Current: 37.63

During the past 13 years, the highest Debt-to-EBITDA Ratio of Jiangsu Eastern Shenghong Co was 37.63. The lowest was 0.92. And the median was 3.02.

XSWX:DFSH's Debt-to-EBITDA is ranked worse than
97.28% of 809 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.84 vs XSWX:DFSH: 37.63

Jiangsu Eastern Shenghong Co Debt-to-EBITDA Historical Data

The historical data trend for Jiangsu Eastern Shenghong 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.

Jiangsu Eastern Shenghong Co Debt-to-EBITDA Chart

Jiangsu Eastern Shenghong 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 3.09 10.47 7.90 21.27 14.73

Jiangsu Eastern Shenghong 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 17.88 16.59 16.36 -24.72 25.94

Competitive Comparison of Jiangsu Eastern Shenghong Co's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Jiangsu Eastern Shenghong 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.


Jiangsu Eastern Shenghong Co's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jiangsu Eastern Shenghong Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Jiangsu Eastern Shenghong Co's Debt-to-EBITDA falls into.



Jiangsu Eastern Shenghong Co Debt-to-EBITDA Calculation

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

Jiangsu Eastern Shenghong 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
=(7653.528 + 10431.762) / 1228.23
=14.72

Jiangsu Eastern Shenghong 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
=(8469.804 + 10499.32) / 731.416
=25.93

* 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.


Jiangsu Eastern Shenghong Co  (XSWX:DFSH) 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.


Jiangsu Eastern Shenghong Co Debt-to-EBITDA Related Terms

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


Jiangsu Eastern Shenghong Co (XSWX:DFSH) Business Description

Traded in Other Exchanges
Address
No.73, East Market Road, Shengze Town, Wujiang District, Jiangsu, Suzhou, CHN, 215228
Jiangsu Eastern Shenghong Co Ltd is primarily engaged in the manufacture of textiles. Its main products include textile raw materials, knitting textiles, dyed and printed silk and chemical fiber textiles. The company specializes in the research, development, production, and sales of civilian polyester filament products.

Jiangsu Eastern Shenghong Co (XSWX:DFSH) Headlines

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