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China Runji Cement (China Runji Cement) Debt-to-EBITDA : 1.04 (As of Feb. 2011)


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What is China Runji Cement Debt-to-EBITDA?

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

China Runji Cement's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2011 was $15.49 Mil. China Runji Cement's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2011 was $2.20 Mil. China Runji Cement's annualized EBITDA for the quarter that ended in Feb. 2011 was $16.98 Mil. China Runji Cement's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2011 was 1.04.

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 Runji Cement's Debt-to-EBITDA or its related term are showing as below:

CRJI's Debt-to-EBITDA is not ranked *
in the Building Materials industry.
Industry Median: 2.18
* Ranked among companies with meaningful Debt-to-EBITDA only.

China Runji Cement Debt-to-EBITDA Historical Data

The historical data trend for China Runji Cement'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 Runji Cement Debt-to-EBITDA Chart

China Runji Cement Annual Data
Trend Jan06 Jan07 Aug08 Aug09 Aug10
Debt-to-EBITDA
- - 0.04 1.58 1.99

China Runji Cement Quarterly Data
Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11
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 1.86 3.04 3.09 0.45 1.04

Competitive Comparison of China Runji Cement's Debt-to-EBITDA

For the Building Materials subindustry, China Runji Cement'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 Runji Cement's Debt-to-EBITDA Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Runji Cement's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Runji Cement's Debt-to-EBITDA falls into.



China Runji Cement Debt-to-EBITDA Calculation

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

China Runji Cement's Debt-to-EBITDA for the fiscal year that ended in Aug. 2010 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(14.331 + 0) / 7.21
=1.99

China Runji Cement's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2011 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(15.491 + 2.195) / 16.98
=1.04

* 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 (Feb. 2011) EBITDA data.


China Runji Cement  (GREY:CRJI) 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 Runji Cement Debt-to-EBITDA Related Terms

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


China Runji Cement (China Runji Cement) Business Description

Traded in Other Exchanges
N/A
Address
Xianzong town, Hanshan county, Chaohu, Anhui, CHN
Website
China Runji Cement Inc through its subsidiary is engaged in the production and sale of cement in mainland China.

China Runji Cement (China Runji Cement) Headlines

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