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Beijing Tri Prime Gene Pharmaceutical Co (BJSE:837344) Debt-to-EBITDA : 31.33 (As of Mar. 2024)


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What is Beijing Tri Prime Gene Pharmaceutical Co Debt-to-EBITDA?

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

Beijing Tri Prime Gene Pharmaceutical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥60.8 Mil. Beijing Tri Prime Gene Pharmaceutical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥438.3 Mil. Beijing Tri Prime Gene Pharmaceutical Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥15.9 Mil. Beijing Tri Prime Gene Pharmaceutical Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 31.33.

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 Beijing Tri Prime Gene Pharmaceutical Co's Debt-to-EBITDA or its related term are showing as below:

BJSE:837344' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.13   Med: 0.82   Max: 12.56
Current: 12.56

During the past 11 years, the highest Debt-to-EBITDA Ratio of Beijing Tri Prime Gene Pharmaceutical Co was 12.56. The lowest was 0.13. And the median was 0.82.

BJSE:837344's Debt-to-EBITDA is ranked worse than
91.48% of 270 companies
in the Biotechnology industry
Industry Median: 1.31 vs BJSE:837344: 12.56

Beijing Tri Prime Gene Pharmaceutical Co Debt-to-EBITDA Historical Data

The historical data trend for Beijing Tri Prime Gene Pharmaceutical 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.

Beijing Tri Prime Gene Pharmaceutical Co Debt-to-EBITDA Chart

Beijing Tri Prime Gene Pharmaceutical 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 0.20 0.33 0.13 5.51 8.58

Beijing Tri Prime Gene Pharmaceutical Co Quarterly Data
Mar19 Jun19 Dec19 Mar20 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 32.54 9.26 70.38 4.92 31.33

Competitive Comparison of Beijing Tri Prime Gene Pharmaceutical Co's Debt-to-EBITDA

For the Biotechnology subindustry, Beijing Tri Prime Gene Pharmaceutical 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.


Beijing Tri Prime Gene Pharmaceutical Co's Debt-to-EBITDA Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Beijing Tri Prime Gene Pharmaceutical Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Beijing Tri Prime Gene Pharmaceutical Co's Debt-to-EBITDA falls into.



Beijing Tri Prime Gene Pharmaceutical Co Debt-to-EBITDA Calculation

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

Beijing Tri Prime Gene Pharmaceutical 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
=(65.47 + 414.313) / 55.902
=8.58

Beijing Tri Prime Gene Pharmaceutical 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
=(60.797 + 438.303) / 15.932
=31.33

* 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.


Beijing Tri Prime Gene Pharmaceutical Co  (BJSE:837344) 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.


Beijing Tri Prime Gene Pharmaceutical Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Beijing Tri Prime Gene Pharmaceutical Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Tri Prime Gene Pharmaceutical Co (BJSE:837344) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jinyuan Road, Building 4, Daxing Economic Development Zone, Daxing District, Beijing, CHN, 102600
Beijing Tri Prime Gene Pharmaceutical Co Ltd is mainly engaged in the research, development, production, and sales of medical biotechnology products including genetic engineering drugs, genetic engineering vaccines, and diagnostic reagents, and engaged in related technical trade and technical consulting services. Its product line comprises Yundex Spray, Yundex Eye Drops, Yundexol Powder Injection, Yundexol Water Injection.

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