Guanze Medical Information Industry (Holding) Co (HKSE:02427) Debt-to-EBITDA : 0.55 (As of Dec. 2023)

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What is Guanze Medical Information Industry (Holding) Co Debt-to-EBITDA?

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

Guanze Medical Information Industry (Holding) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$23.5 Mil. Guanze Medical Information Industry (Holding) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.4 Mil. Guanze Medical Information Industry (Holding) Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$43.1 Mil. Guanze Medical Information Industry (Holding) Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.55.

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 Guanze Medical Information Industry (Holding) Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:02427' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03 Med: 0.4 Max: 0.71
Current: 0.48

During the past 5 years, the highest Debt-to-EBITDA Ratio of Guanze Medical Information Industry (Holding) Co was 0.71. The lowest was 0.03. And the median was 0.40.

HKSE:02427's Debt-to-EBITDA is ranked better than
79.21% of 101 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.76 vs HKSE:02427: 0.48

Guanze Medical Information Industry (Holding) Co Debt-to-EBITDA Historical Data

The historical data trend for Guanze Medical Information Industry (Holding) Co'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.

Guanze Medical Information Industry (Holding) Co Debt-to-EBITDA Chart

Guanze Medical Information Industry (Holding) Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

0.03

0.20

0.40

0.71

0.48

Guanze Medical Information Industry (Holding) Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			0.39	0.59	1.11	0.61	0.55

Competitive Comparison of Guanze Medical Information Industry (Holding) Co's Debt-to-EBITDA

For the Diagnostics & Research subindustry, Guanze Medical Information Industry (Holding) Co'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.

Guanze Medical Information Industry (Holding) Co's Debt-to-EBITDA Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Guanze Medical Information Industry (Holding) Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Guanze Medical Information Industry (Holding) Co's Debt-to-EBITDA falls into.

Guanze Medical Information Industry (Holding) Co Debt-to-EBITDA Calculation

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

Guanze Medical Information Industry (Holding) Co'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
	=	(23.465	+	0.429)	/	49.787
	=	0.48

Guanze Medical Information Industry (Holding) Co'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
	=	(23.465	+	0.429)	/	43.11
	=	0.55

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.

Guanze Medical Information Industry (Holding) Co (HKSE:02427) 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.

Guanze Medical Information Industry (Holding) Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Guanze Medical Information Industry (Holding) Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

Guanze Medical Information Industry (Holding) Co (HKSE:02427) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Guanze Medical Information Industry (Holding) Co Ltd (HKSE:02427) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2966 Chunhui Road, Room 501-A, Block 10 Strategic Emerging Industry Base, High-tech Zone, Shandong Province, Jinan, CHN

Website

https://www.guanzegroup.com

Guanze Medical Information Industry (Holding) Co Ltd is a medical imaging solutions provider, principally engaged in providing medical imaging film products and medical imaging cloud services in Shandong Province.

Executives

Meng A Capital Limited	2101 Beneficial owner
Meng Xianzhen	2201 Interest of corporation controlled by you
Yang Duanling	2202 Interest of your spouse

Guanze Medical Information Industry (Holding) Co (HKSE:02427) Headlines

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