GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jinpan International Ltd (FRA:3QN) » Definitions » Debt-to-EBITDA

Jinpan International (FRA:3QN) Debt-to-EBITDA : 2.99 (As of Sep. 2015)


View and export this data going back to . Start your Free Trial

What is Jinpan International Debt-to-EBITDA?

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

Jinpan International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was €41.7 Mil. Jinpan International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was €22.5 Mil. Jinpan International's annualized EBITDA for the quarter that ended in Sep. 2015 was €21.5 Mil. Jinpan International's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2015 was 2.98.

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 Jinpan International's Debt-to-EBITDA or its related term are showing as below:

FRA:3QN's Debt-to-EBITDA is not ranked *
in the Hardware industry.
Industry Median: 1.795
* Ranked among companies with meaningful Debt-to-EBITDA only.

Jinpan International Debt-to-EBITDA Historical Data

The historical data trend for Jinpan International'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.

Jinpan International Debt-to-EBITDA Chart

Jinpan International Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 1.09 2.10 1.87 1.47

Jinpan International Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 1.38 1.38 3.11 1.97 2.99

Competitive Comparison of Jinpan International's Debt-to-EBITDA

For the Electronic Components subindustry, Jinpan International'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.


Jinpan International's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jinpan International's Debt-to-EBITDA distribution charts can be found below:

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



Jinpan International Debt-to-EBITDA Calculation

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

Jinpan International's Debt-to-EBITDA for the fiscal year that ended in Dec. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(11.759 + 21.04) / 22.375
=1.47

Jinpan International's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(41.682 + 22.469) / 21.492
=2.98

* 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. 2015) EBITDA data.


Jinpan International  (FRA:3QN) 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.


Jinpan International Debt-to-EBITDA Related Terms

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


Jinpan International (FRA:3QN) Business Description

Traded in Other Exchanges
N/A
Address
Jinpan International Ltd was incorporated in the British Virgin Islands on April 3, 1997 under the International Business Companies Act of the British Virgin Islands. The Company design, manufacture and sells electrical power control and distribution equipment that are used in commercial, industrial, and infrastructural applications. Its product lines include cast resin transformers, VPI transformers, VPI line reactors, switchgears and unit substations. Its manufactures low and medium voltage switchgear products under license from Schneider. It also manufactures switchgears, Vacuum Pressure Impregnated (VPI) reactors and transformers, and unit substations. The Company offers switchgear products for general power distribution and for specialized infrastructural and industrial applications. The two main categories of dry type transformers that currently dominate the market are cast resin and open ventilated dry type transformers. Cast resin dry type transformers are predominant in Europe, Japan, and newly developed markets in Asia, including China. Open ventilated dry type transformers are widely used in North America. The Company manufactures medium and low voltage switchgear products for the China market. They use sheet metal to manufacture switchgear enclosures, coat the enclosure, and assemble switchgears using components from brand name suppliers such as Siemens and Schneider. The Company owns the rights to the trademark 'JST,' which is registered with the Trademark Bureau of the State Administration of Industry and Commerce in China.

Jinpan International (FRA:3QN) Headlines

No Headlines