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Shinelong Automotive Lightweight Application (HKSE:01930) Debt-to-EBITDA : 0.57 (As of Dec. 2024)


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What is Shinelong Automotive Lightweight Application Debt-to-EBITDA?

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

Shinelong Automotive Lightweight Application's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$17.0 Mil. Shinelong Automotive Lightweight Application's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$9.4 Mil. Shinelong Automotive Lightweight Application's annualized EBITDA for the quarter that ended in Dec. 2024 was HK$46.8 Mil. Shinelong Automotive Lightweight Application's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 0.57.

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 Shinelong Automotive Lightweight Application's Debt-to-EBITDA or its related term are showing as below:

HKSE:01930' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.33   Med: 0.49   Max: 0.64
Current: 0.6

During the past 9 years, the highest Debt-to-EBITDA Ratio of Shinelong Automotive Lightweight Application was 0.64. The lowest was 0.33. And the median was 0.49.

HKSE:01930's Debt-to-EBITDA is ranked better than
81.52% of 1082 companies
in the Vehicles & Parts industry
Industry Median: 2.465 vs HKSE:01930: 0.60

Shinelong Automotive Lightweight Application Debt-to-EBITDA Historical Data

The historical data trend for Shinelong Automotive Lightweight Application'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.

Shinelong Automotive Lightweight Application Debt-to-EBITDA Chart

Shinelong Automotive Lightweight Application Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 0.36 0.33 0.64 0.49 0.60

Shinelong Automotive Lightweight Application Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.62 0.49 0.63 0.55 0.57

Competitive Comparison of Shinelong Automotive Lightweight Application's Debt-to-EBITDA

For the Auto Parts subindustry, Shinelong Automotive Lightweight Application'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.


Shinelong Automotive Lightweight Application's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Shinelong Automotive Lightweight Application's Debt-to-EBITDA falls into.


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Shinelong Automotive Lightweight Application Debt-to-EBITDA Calculation

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

Shinelong Automotive Lightweight Application's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(17.022 + 9.426) / 44.099
=0.60

Shinelong Automotive Lightweight Application's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(17.022 + 9.426) / 46.79
=0.57

* 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. 2024) EBITDA data.


Shinelong Automotive Lightweight Application  (HKSE:01930) 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.


Shinelong Automotive Lightweight Application Debt-to-EBITDA Related Terms

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


Shinelong Automotive Lightweight Application Business Description

Traded in Other Exchanges
N/A
Address
90 Yangongdai Lane, Zhangpu Town, Jiangsu Province, Kunshan, CHN
Shinelong Automotive Lightweight Application Ltd is engaged in the design, development, manufacture, and sales of customized hot-pressing moulds, hydroforming moulds and injection moulds that are used in auto manufacturing. Apart from automotive moulds, the group also engages in the design, development, manufacture, and sales of customized plastic moulds for the production of electrical appliances and health-protective appliances. The company also offers parts processing services. Geographically, it generates maximum revenue from the PRC.
Executives
Lin Wan-yi 2101 Beneficial owner
Su Su-mei 2202 Interest of your spouse
Shine Art International Limited 2101 Beneficial owner
Friendly Holdings (hk) Co., Limited 2101 Beneficial owner
Hammurabi International Limited 2201 Interest of corporation controlled by you
Liu Fang Jung 2201 Interest of corporation controlled by you

Shinelong Automotive Lightweight Application Headlines

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