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Jiangsu Shengnan Electronic Technology Co (BJSE:837006) Debt-to-EBITDA : 40.57 (As of Mar. 2024)


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What is Jiangsu Shengnan Electronic Technology Co Debt-to-EBITDA?

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

Jiangsu Shengnan Electronic Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥43.0 Mil. Jiangsu Shengnan Electronic Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Jiangsu Shengnan Electronic Technology Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥1.1 Mil. Jiangsu Shengnan Electronic Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 40.57.

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 Shengnan Electronic Technology Co's Debt-to-EBITDA or its related term are showing as below:

BJSE:837006' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.86   Med: 1.77   Max: 3.76
Current: 0.56

During the past 10 years, the highest Debt-to-EBITDA Ratio of Jiangsu Shengnan Electronic Technology Co was 3.76. The lowest was -3.86. And the median was 1.77.

BJSE:837006's Debt-to-EBITDA is ranked better than
80.89% of 225 companies
in the Aerospace & Defense industry
Industry Median: 2.29 vs BJSE:837006: 0.56

Jiangsu Shengnan Electronic Technology Co Debt-to-EBITDA Historical Data

The historical data trend for Jiangsu Shengnan Electronic Technology 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 Shengnan Electronic Technology Co Debt-to-EBITDA Chart

Jiangsu Shengnan Electronic Technology 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 2.84 1.77 1.58 0.28 -

Jiangsu Shengnan Electronic Technology Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 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 - 0.11 1.21 0.30 40.57

Competitive Comparison of Jiangsu Shengnan Electronic Technology Co's Debt-to-EBITDA

For the Aerospace & Defense subindustry, Jiangsu Shengnan Electronic Technology 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 Shengnan Electronic Technology Co's Debt-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Jiangsu Shengnan Electronic Technology Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Jiangsu Shengnan Electronic Technology Co's Debt-to-EBITDA falls into.



Jiangsu Shengnan Electronic Technology Co Debt-to-EBITDA Calculation

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

Jiangsu Shengnan Electronic Technology 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
=(0.028 + 0) / 57.563
=0.00

Jiangsu Shengnan Electronic Technology 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
=(43 + 0) / 1.06
=40.57

* 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 Shengnan Electronic Technology Co  (BJSE:837006) 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 Shengnan Electronic Technology Co Debt-to-EBITDA Related Terms

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


Jiangsu Shengnan Electronic Technology Co (BJSE:837006) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Kechuang Road,, Chengdong Industrial Park, Taixing City, Jiangsu Province, Taizhou City, CHN, 225400
Jiangsu Shengnan Electronic Technology Co Ltd engages in research, development, production, and sales of aviation equipment manufacturing and related products in the field of military power supplies. The main products include aerospace machinery products such as aviation deceleration controllers, aviation dampers, and comprehensive power supply products such as transformer rectifiers and relay boxes.

Jiangsu Shengnan Electronic Technology Co (BJSE:837006) Headlines

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