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China Lumena New Materials (China Lumena New Materials) Debt-to-EBITDA : -1,163.10 (As of Jun. 2021)


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What is China Lumena New Materials Debt-to-EBITDA?

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

China Lumena New Materials's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $596.84 Mil. China Lumena New Materials's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $580.22 Mil. China Lumena New Materials's annualized EBITDA for the quarter that ended in Jun. 2021 was $-1.01 Mil. China Lumena New Materials's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2021 was -1,163.10.

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 China Lumena New Materials's Debt-to-EBITDA or its related term are showing as below:

CHLUY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -20816.42   Med: -1347.57   Max: 3.55
Current: -1594.23

During the past 13 years, the highest Debt-to-EBITDA Ratio of China Lumena New Materials was 3.55. The lowest was -20816.42. And the median was -1347.57.

CHLUY's Debt-to-EBITDA is not ranked
in the Chemicals industry.
Industry Median: 2.35 vs CHLUY: -1594.23

China Lumena New Materials Debt-to-EBITDA Historical Data

The historical data trend for China Lumena New Materials'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.

China Lumena New Materials Debt-to-EBITDA Chart

China Lumena New Materials Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,518.84 -1,277.58 -1,667.24 -1,419.09 -2,386.09

China Lumena New Materials Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 -1,543.76 -1,297.00 -2,309.55 -2,442.17 -1,163.10

Competitive Comparison of China Lumena New Materials's Debt-to-EBITDA

For the Chemicals subindustry, China Lumena New Materials'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.


China Lumena New Materials's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Lumena New Materials's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Lumena New Materials's Debt-to-EBITDA falls into.



China Lumena New Materials Debt-to-EBITDA Calculation

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

China Lumena New Materials's Debt-to-EBITDA for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(572.859 + 570.077) / -0.479
=-2,386.09

China Lumena New Materials's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(596.842 + 580.218) / -1.012
=-1,163.10

* 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 two times the quarterly (Jun. 2021) EBITDA data.


China Lumena New Materials  (OTCPK:CHLUY) 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.


China Lumena New Materials Debt-to-EBITDA Related Terms

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


China Lumena New Materials (China Lumena New Materials) Business Description

Traded in Other Exchanges
N/A
Address
22nd Floor, Prince’s Building, Central, Hong Kong, HKG
China Lumena New Materials Corp and its subsidiaries are engaged in the manufacturing and selling of polyphenylene sulfide products including PPS resin, PPS fiber, and PPS compounds. It is also engaged in processing and selling powder thenardite, specialty thenardite and medical thenardite.

China Lumena New Materials (China Lumena New Materials) Headlines

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