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Zhejiang Danau Industries Co (BJSE:831855) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Zhejiang Danau Industries Co Debt-to-EBITDA?

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

Zhejiang Danau Industries Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Zhejiang Danau Industries Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Zhejiang Danau Industries Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥22.0 Mil. Zhejiang Danau Industries Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.00.

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 Zhejiang Danau Industries Co's Debt-to-EBITDA or its related term are showing as below:

During the past 12 years, the highest Debt-to-EBITDA Ratio of Zhejiang Danau Industries Co was 0.26. The lowest was 0.00. And the median was 0.23.

BJSE:831855's Debt-to-EBITDA is not ranked *
in the Industrial Products industry.
Industry Median: 1.71
* Ranked among companies with meaningful Debt-to-EBITDA only.

Zhejiang Danau Industries Co Debt-to-EBITDA Historical Data

The historical data trend for Zhejiang Danau Industries 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.

Zhejiang Danau Industries Co Debt-to-EBITDA Chart

Zhejiang Danau Industries Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Zhejiang Danau Industries Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Zhejiang Danau Industries Co's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Zhejiang Danau Industries 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.


Zhejiang Danau Industries Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Danau Industries Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Zhejiang Danau Industries Co's Debt-to-EBITDA falls into.



Zhejiang Danau Industries Co Debt-to-EBITDA Calculation

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

Zhejiang Danau Industries 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
=(0 + 0) / 54.698
=0.00

Zhejiang Danau Industries 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
=(0 + 0) / 22.004
=0.00

* 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.


Zhejiang Danau Industries Co  (BJSE:831855) 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.


Zhejiang Danau Industries Co Debt-to-EBITDA Related Terms

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


Zhejiang Danau Industries Co (BJSE:831855) Business Description

Traded in Other Exchanges
N/A
Address
No. 299 Yanhe North Road, Hengjie Town, Luqiao District, Zhejiang Province, Taizhou City, CHN, 318056
Zhejiang Danau Industries Co Ltd engages in research and development, production, and sales of high-pressure cleaner-related products. Its product offering comprises of Industrial Reciprocating High-Pressure Plunger Pump, Industrial High-Pressure Plunger Pump Set/System, High Pressure Plunger Pump, Pump Valves and Parts, High Pressure Washer, Specialized Pressure Washer/System, High-Pressure Washer Accessories, and Sewer Nozzle and Attachment.

Zhejiang Danau Industries Co (BJSE:831855) Headlines

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