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Changchun ZhuLaoLiu Food Co (BJSE:831726) Debt-to-EBITDA : 0.18 (As of Mar. 2024)


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What is Changchun ZhuLaoLiu Food Co Debt-to-EBITDA?

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

Changchun ZhuLaoLiu Food Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥11.4 Mil. Changchun ZhuLaoLiu Food Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Changchun ZhuLaoLiu Food Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥63.0 Mil. Changchun ZhuLaoLiu Food Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.18.

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 Changchun ZhuLaoLiu Food Co's Debt-to-EBITDA or its related term are showing as below:

BJSE:831726' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.31   Med: 0.38   Max: 1.34
Current: 0.39

During the past 12 years, the highest Debt-to-EBITDA Ratio of Changchun ZhuLaoLiu Food Co was 1.34. The lowest was 0.31. And the median was 0.38.

BJSE:831726's Debt-to-EBITDA is ranked better than
81.89% of 1430 companies
in the Consumer Packaged Goods industry
Industry Median: 2.18 vs BJSE:831726: 0.39

Changchun ZhuLaoLiu Food Co Debt-to-EBITDA Historical Data

The historical data trend for Changchun ZhuLaoLiu Food 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.

Changchun ZhuLaoLiu Food Co Debt-to-EBITDA Chart

Changchun ZhuLaoLiu Food 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 - 0.34 0.34 0.31 0.47

Changchun ZhuLaoLiu Food Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 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 0.70 1.95 0.66 -0.93 0.18

Competitive Comparison of Changchun ZhuLaoLiu Food Co's Debt-to-EBITDA

For the Packaged Foods subindustry, Changchun ZhuLaoLiu Food 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.


Changchun ZhuLaoLiu Food Co's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Changchun ZhuLaoLiu Food Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Changchun ZhuLaoLiu Food Co's Debt-to-EBITDA falls into.



Changchun ZhuLaoLiu Food Co Debt-to-EBITDA Calculation

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

Changchun ZhuLaoLiu Food 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
=(20.323 + 0) / 43.487
=0.47

Changchun ZhuLaoLiu Food 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
=(11.433 + 0) / 63.02
=0.18

* 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.


Changchun ZhuLaoLiu Food Co  (BJSE:831726) 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.


Changchun ZhuLaoLiu Food Co Debt-to-EBITDA Related Terms

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


Changchun ZhuLaoLiu Food Co (BJSE:831726) Business Description

Traded in Other Exchanges
N/A
Address
Karen Economic Development Zone, Jiutai District, Jilin Province, Changchun, CHN
Changchun ZhuLaoLiu Food Co Ltd is engaged in the production and sales of fermented bean curd and cooking wine.

Changchun ZhuLaoLiu Food Co (BJSE:831726) Headlines

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