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ANPDY (ANTA Sports Products) Debt-to-EBITDA : 0.97 (As of Jun. 2024)


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What is ANTA Sports Products Debt-to-EBITDA?

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

ANTA Sports Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $1,978 Mil. ANTA Sports Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $1,019 Mil. ANTA Sports Products's annualized EBITDA for the quarter that ended in Jun. 2024 was $3,094 Mil. ANTA Sports Products's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.97.

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 ANTA Sports Products's Debt-to-EBITDA or its related term are showing as below:

ANPDY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.79   Max: 1.6
Current: 1.1

During the past 13 years, the highest Debt-to-EBITDA Ratio of ANTA Sports Products was 1.60. The lowest was 0.03. And the median was 0.79.

ANPDY's Debt-to-EBITDA is ranked better than
74.07% of 621 companies
in the Travel & Leisure industry
Industry Median: 2.99 vs ANPDY: 1.10

ANTA Sports Products Debt-to-EBITDA Historical Data

The historical data trend for ANTA Sports Products'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.

ANTA Sports Products Debt-to-EBITDA Chart

ANTA Sports Products 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 1.13 1.60 1.23 1.19 1.02

ANTA Sports Products Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1.64 1.62 1.29 1.27 0.97

Competitive Comparison of ANTA Sports Products's Debt-to-EBITDA

For the Leisure subindustry, ANTA Sports Products'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.


ANTA Sports Products's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, ANTA Sports Products's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where ANTA Sports Products's Debt-to-EBITDA falls into.



ANTA Sports Products Debt-to-EBITDA Calculation

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

ANTA Sports Products'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
=(937.929 + 2068.85) / 2961.822
=1.02

ANTA Sports Products's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1978.442 + 1019.477) / 3093.994
=0.97

* 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 two times the quarterly (Jun. 2024) EBITDA data.


ANTA Sports Products  (OTCPK:ANPDY) 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.


ANTA Sports Products Debt-to-EBITDA Related Terms

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


ANTA Sports Products Business Description

Traded in Other Exchanges
Address
Anta Headquarters Building, Dongshan Industrial Zone, Chidian Town, Fujian Province, Jinjiang, CHN, 362212
Anta Sports is a leading Chinese sportswear company. The company designs, manufactures, and markets sportswear, footwear, and accessories, spanning from value-driven offerings to premium segments. Beyond their core Anta brand, the business operate a multi-brand portfolio including Fila (China), Descente (China), Kolon (China), and holds a major stake in Amer Sports, parent company to globally recognized brands like Salomon, Arc'teryx, and Wilson. This diverse portfolio allows Anta to cater to a broad spectrum of consumers, from professional athletes to athleisure enthusiasts.