Fujing Holdings Co (HKSE:02497) Debt-to-EBITDA : 0.45 (As of Dec. 2023)

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What is Fujing Holdings Co Debt-to-EBITDA?

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

Fujing Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$21.99 Mil. Fujing Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.38 Mil. Fujing Holdings Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$49.47 Mil. Fujing Holdings Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.45.

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 Fujing Holdings Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:02497' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.33 Med: 0.37 Max: 1.81
Current: 1.81

During the past 4 years, the highest Debt-to-EBITDA Ratio of Fujing Holdings Co was 1.81. The lowest was 0.33. And the median was 0.37.

HKSE:02497's Debt-to-EBITDA is ranked better than
55.31% of 1430 companies
in the Consumer Packaged Goods industry
Industry Median: 2.185 vs HKSE:02497: 1.81

Fujing Holdings Co Debt-to-EBITDA Historical Data

The historical data trend for Fujing Holdings 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.

Fujing Holdings Co Debt-to-EBITDA Chart

Fujing Holdings Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

0.38

0.35

0.47

0.33

Fujing Holdings Co Quarterly Data
	Dec20	Dec21	Sep22	Dec22	May23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	0.34	N/A	N/A	0.45

Competitive Comparison of Fujing Holdings Co's Debt-to-EBITDA

For the Farm Products subindustry, Fujing Holdings 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.

Fujing Holdings Co's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fujing Holdings Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Fujing Holdings Co's Debt-to-EBITDA falls into.

Fujing Holdings Co Debt-to-EBITDA Calculation

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

Fujing Holdings 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
	=	(21.987	+	0.38)	/	67.464
	=	0.33

Fujing Holdings 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
	=	(21.987	+	0.38)	/	49.468
	=	0.45

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 (Dec. 2023) EBITDA data.

Fujing Holdings Co (HKSE:02497) 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.

Fujing Holdings Co Debt-to-EBITDA Related Terms

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

Fujing Holdings Co (HKSE:02497) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fujing Holdings Co Ltd (HKSE:02497) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Huanhu North Road South, Nanbu Village South, Rizhuang Town Laixi, Shandong Province, Qingdao, CHN

Website

http://www.fujingnongye.com

Fujing Holdings Co Ltd is a potted vegetable producer in Shandong province of the PRC. The group mainly sells potted vegetable agricultural products, among which chrysanthemum, rapeseed, bitter chrysanthemum, lettuce, pakchoi, and lettuce are the group's main products.

Executives

Wider International Group Limited	2101 Beneficial owner
Zhang Yonggang	2201 Interest of corporation controlled by you
Beauty Sources Holdings Limited	2101 Beneficial owner
Geng Qi	2201 Interest of corporation controlled by you

Fujing Holdings Co (HKSE:02497) Headlines

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