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Shanghai Tieda Electronic and Information Technology Co (BJSE:872541) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Shanghai Tieda Electronic and Information Technology Co Debt-to-EBITDA?

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

Shanghai Tieda Electronic and Information Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.1 Mil. Shanghai Tieda Electronic and Information Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Shanghai Tieda Electronic and Information Technology Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥55.9 Mil. Shanghai Tieda Electronic and Information Technology 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 Shanghai Tieda Electronic and Information Technology Co's Debt-to-EBITDA or its related term are showing as below:

During the past 9 years, the highest Debt-to-EBITDA Ratio of Shanghai Tieda Electronic and Information Technology Co was 0.74. The lowest was 0.00. And the median was 0.36.

BJSE:872541's Debt-to-EBITDA is not ranked *
in the Hardware industry.
Industry Median: 1.805
* Ranked among companies with meaningful Debt-to-EBITDA only.

Shanghai Tieda Electronic and Information Technology Co Debt-to-EBITDA Historical Data

The historical data trend for Shanghai Tieda Electronic and Information 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.

Shanghai Tieda Electronic and Information Technology Co Debt-to-EBITDA Chart

Shanghai Tieda Electronic and Information Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only - - 0.74 0.36 0.02

Shanghai Tieda Electronic and Information Technology Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 0.48 -0.43 0.06 0.01 -

Competitive Comparison of Shanghai Tieda Electronic and Information Technology Co's Debt-to-EBITDA

For the Scientific & Technical Instruments subindustry, Shanghai Tieda Electronic and Information 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.


Shanghai Tieda Electronic and Information Technology Co's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shanghai Tieda Electronic and Information Technology Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Shanghai Tieda Electronic and Information Technology Co's Debt-to-EBITDA falls into.



Shanghai Tieda Electronic and Information Technology Co Debt-to-EBITDA Calculation

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

Shanghai Tieda Electronic and Information Technology 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
=(0.836 + 0) / 51.529
=0.02

Shanghai Tieda Electronic and Information 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
=(0.1 + 0) / 55.864
=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.


Shanghai Tieda Electronic and Information Technology Co  (BJSE:872541) 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.


Shanghai Tieda Electronic and Information Technology Co Debt-to-EBITDA Related Terms

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Shanghai Tieda Electronic and Information Technology Co (BJSE:872541) Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Lane 1755, Rongbei Road, Nanxiang Town, Jiading District, Shanghai, CHN, 201802
Shanghai Tieda Electronic and Information Technology Co Ltd is engaged in the development, production, and sales of communication signal products. It mainly engages in design, research and development, manufacturing, sales, engineering, and service of signal products and providing industry solutions. The core products include centralized signal monitoring system, integrated lightning protection system for signal (communication) equipment, LED signal machine, wireless shunting locomotive signal and monitoring system, and power management information system.

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