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Ahwit Precision(Shanghai) Co (BJSE:873693) Debt-to-EBITDA : 1.47 (As of Sep. 2024)


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What is Ahwit Precision(Shanghai) Co Debt-to-EBITDA?

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

Ahwit Precision(Shanghai) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥8.0 Mil. Ahwit Precision(Shanghai) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥11.1 Mil. Ahwit Precision(Shanghai) Co's annualized EBITDA for the quarter that ended in Sep. 2024 was ¥13.0 Mil. Ahwit Precision(Shanghai) Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 1.47.

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 Ahwit Precision(Shanghai) Co's Debt-to-EBITDA or its related term are showing as below:

BJSE:873693' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.51   Med: 0.72   Max: 1.28
Current: 1

During the past 5 years, the highest Debt-to-EBITDA Ratio of Ahwit Precision(Shanghai) Co was 1.28. The lowest was 0.51. And the median was 0.72.

BJSE:873693's Debt-to-EBITDA is ranked better than
61.71% of 2275 companies
in the Industrial Products industry
Industry Median: 1.69 vs BJSE:873693: 1.00

Ahwit Precision(Shanghai) Co Debt-to-EBITDA Historical Data

The historical data trend for Ahwit Precision(Shanghai) 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.

Ahwit Precision(Shanghai) Co Debt-to-EBITDA Chart

Ahwit Precision(Shanghai) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
0.51 0.67 0.87 1.28 0.72

Ahwit Precision(Shanghai) Co Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.21 2.11 0.88 0.47 1.47

Competitive Comparison of Ahwit Precision(Shanghai) Co's Debt-to-EBITDA

For the Metal Fabrication subindustry, Ahwit Precision(Shanghai) 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.


Ahwit Precision(Shanghai) Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ahwit Precision(Shanghai) Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ahwit Precision(Shanghai) Co's Debt-to-EBITDA falls into.



Ahwit Precision(Shanghai) Co Debt-to-EBITDA Calculation

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

Ahwit Precision(Shanghai) 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
=(29.516 + 0) / 40.916
=0.72

Ahwit Precision(Shanghai) Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.025 + 11.067) / 13.024
=1.47

* 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 (Sep. 2024) EBITDA data.


Ahwit Precision(Shanghai) Co  (BJSE:873693) 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.


Ahwit Precision(Shanghai) Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Ahwit Precision(Shanghai) Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Ahwit Precision(Shanghai) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 438 Fulian 2nd Road, Ground Floor, No. 1, Baoshan, Shanghai, CHN, 201906
Ahwit Precision(Shanghai) Co Ltd is engaged in research & development, design, production and sales of precision metal parts. It is a high-tech company integrating high-precision mechanical parts fabrication and high-level assembly. It provides one-stop-shop solutions from new product development, and trial runs to mass production.

Ahwit Precision(Shanghai) Co Headlines

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