FDG Electric Vehicles (FDG Electric Vehicles) Debt-to-EBITDA : -9.92 (As of Sep. 2019)

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What is FDG Electric Vehicles Debt-to-EBITDA?

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

FDG Electric Vehicles's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $254.83 Mil. FDG Electric Vehicles's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $274.34 Mil. FDG Electric Vehicles's annualized EBITDA for the quarter that ended in Sep. 2019 was $-53.33 Mil. FDG Electric Vehicles's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2019 was -9.92.

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 FDG Electric Vehicles's Debt-to-EBITDA or its related term are showing as below:

CAOHF's Debt-to-EBITDA is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 2.325
* Ranked among companies with meaningful Debt-to-EBITDA only.

FDG Electric Vehicles Debt-to-EBITDA Historical Data

The historical data trend for FDG Electric Vehicles'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.

FDG Electric Vehicles Debt-to-EBITDA Chart

FDG Electric Vehicles Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Debt-to-EBITDA

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-13.57

-9.79

-41.99

-2.68

-2.01

FDG Electric Vehicles Semi-Annual Data
	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19
Debt-to-EBITDA	Get a 7-Day Free Trial															-4.99	-1.47	-3.33	-1.29	-9.92

Competitive Comparison of FDG Electric Vehicles's Debt-to-EBITDA

For the Auto Parts subindustry, FDG Electric Vehicles'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.

FDG Electric Vehicles's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, FDG Electric Vehicles's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where FDG Electric Vehicles's Debt-to-EBITDA falls into.

FDG Electric Vehicles Debt-to-EBITDA Calculation

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

FDG Electric Vehicles's Debt-to-EBITDA for the fiscal year that ended in Mar. 2019 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(211.675	+	319.51)	/	-264.646
	=	-2.01

FDG Electric Vehicles's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2019 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(254.827	+	274.335)	/	-53.332
	=	-9.92

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 two times the quarterly (Sep. 2019) EBITDA data.

FDG Electric Vehicles (OTCPK:CAOHF) 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.

FDG Electric Vehicles Debt-to-EBITDA Related Terms

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

FDG Electric Vehicles (FDG Electric Vehicles) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » FDG Electric Vehicles Ltd (OTCPK:CAOHF) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Rooms 3001-3005, 30th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

http://www.fdgev.com

FDG Electric Vehicles Ltd is a Hong Kong-based investment holding company principally engaged in the production and distribution of new energy electric vehicles and their core components. The group is principally engaged in research and development, production and sale of lithium-ion batteries and related products. In addition, it is also engaged in vehicle design, manufacture and sale of electric vehicles, leasing of electric vehicles. The company derives the majority of its revenue from selling lithium-ion batteries in China.

FDG Electric Vehicles (FDG Electric Vehicles) Headlines

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