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Chengdu Leetro Automation Co (BJSE:430425) Debt-to-EBITDA : 0.04 (As of Jun. 2024)


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What is Chengdu Leetro Automation Co Debt-to-EBITDA?

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

Chengdu Leetro Automation Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥0.44 Mil. Chengdu Leetro Automation Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥0.00 Mil. Chengdu Leetro Automation Co's annualized EBITDA for the quarter that ended in Jun. 2024 was ¥11.99 Mil. Chengdu Leetro Automation Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.04.

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 Chengdu Leetro Automation Co's Debt-to-EBITDA or its related term are showing as below:

BJSE:430425' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02   Med: 0.06   Max: 0.47
Current: 0.02

During the past 12 years, the highest Debt-to-EBITDA Ratio of Chengdu Leetro Automation Co was 0.47. The lowest was 0.02. And the median was 0.06.

BJSE:430425's Debt-to-EBITDA is ranked better than
98.39% of 1737 companies
in the Hardware industry
Industry Median: 1.88 vs BJSE:430425: 0.02

Chengdu Leetro Automation Co Debt-to-EBITDA Historical Data

The historical data trend for Chengdu Leetro Automation 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.

Chengdu Leetro Automation Co Debt-to-EBITDA Chart

Chengdu Leetro Automation Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.02 0.04 0.07

Chengdu Leetro Automation Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.08 0.03 0.06 0.05 0.04

Competitive Comparison of Chengdu Leetro Automation Co's Debt-to-EBITDA

For the Electronic Components subindustry, Chengdu Leetro Automation 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.


Chengdu Leetro Automation Co's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Chengdu Leetro Automation Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Chengdu Leetro Automation Co's Debt-to-EBITDA falls into.



Chengdu Leetro Automation Co Debt-to-EBITDA Calculation

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

Chengdu Leetro Automation Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.377 + 1.071) / 34.26
=0.07

Chengdu Leetro Automation Co'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
=(0.436 + 0) / 11.988
=0.04

* 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 (Jun. 2024) EBITDA data.


Chengdu Leetro Automation Co  (BJSE:430425) 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.


Chengdu Leetro Automation Co Debt-to-EBITDA Related Terms

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


Chengdu Leetro Automation Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Keyuan South 2nd Road, Chengdu High-tech Zone, Block B, Building 8, Dayi Incubation Park, Sichuan Province, Chengdu, CHN, 610041
Chengdu Leetro Automation Co Ltd is an industrial motion control company. The main business is to provide motion control solutions and services integrating motion controllers, motor controllers, and industrial software for domestic electronics manufacturing equipment manufacturers. Its product offerings comprise EtherCAT Motion Controller, PCI Pulse Motion Control Card, Dispensing Machine Control System, and Servo Driver/Motor.

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