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Yixin Group (FRA:1YX) Debt-to-EBITDA : 24.37 (As of Dec. 2023)


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What is Yixin Group Debt-to-EBITDA?

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

Yixin Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,582.1 Mil. Yixin Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,394.9 Mil. Yixin Group's annualized EBITDA for the quarter that ended in Dec. 2023 was €122.2 Mil. Yixin Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 24.37.

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 Yixin Group's Debt-to-EBITDA or its related term are showing as below:

FRA:1YX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.3   Med: 17.59   Max: 115.37
Current: 29.13

During the past 10 years, the highest Debt-to-EBITDA Ratio of Yixin Group was 115.37. The lowest was -9.30. And the median was 17.59.

FRA:1YX's Debt-to-EBITDA is ranked worse than
82.76% of 261 companies
in the Credit Services industry
Industry Median: 8.23 vs FRA:1YX: 29.13

Yixin Group Debt-to-EBITDA Historical Data

The historical data trend for Yixin Group'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.

Yixin Group Debt-to-EBITDA Chart

Yixin Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.94 -8.84 17.59 16.65 21.23

Yixin Group Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 20.91 28.99 20.77 28.82 24.37

Competitive Comparison of Yixin Group's Debt-to-EBITDA

For the Credit Services subindustry, Yixin Group'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.


Yixin Group's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Yixin Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Yixin Group's Debt-to-EBITDA falls into.



Yixin Group Debt-to-EBITDA Calculation

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

Yixin Group'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
=(1582.055 + 1394.884) / 140.216
=21.23

Yixin Group's annualized Debt-to-EBITDA for the quarter 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
=(1582.055 + 1394.884) / 122.174
=24.37

* 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 (Dec. 2023) EBITDA data.


Yixin Group  (FRA:1YX) 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.


Yixin Group Debt-to-EBITDA Related Terms

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


Yixin Group (FRA:1YX) Business Description

Traded in Other Exchanges
Address
No. 365 Linhong Road, 1 North, Zhongguancun Hongqiao Innovation Center, Changning District, Shanghai, CHN
Yixin Group Ltd is an online automobile retail transaction platform in China. The company operates in two segments namely Transaction platform services and Self-operated financing business. The transaction platform segment is comprised of facilitation and value-added services, and advertising and subscription services. Self-operated financing segment comprises financing lease services and operating lease services. The company generates a majority of its revenue from the Self-operated financing business.

Yixin Group (FRA:1YX) Headlines

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