DaChan Food (Asia) (HKSE:03999) Debt-to-EBITDA : -15.02 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is DaChan Food (Asia) Debt-to-EBITDA?

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

DaChan Food (Asia)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$304 Mil. DaChan Food (Asia)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$310 Mil. DaChan Food (Asia)'s annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-41 Mil. DaChan Food (Asia)'s annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -15.02.

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 DaChan Food (Asia)'s Debt-to-EBITDA or its related term are showing as below:

HKSE:03999' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.38 Med: 2.47 Max: 10.72
Current: 7.12

During the past 13 years, the highest Debt-to-EBITDA Ratio of DaChan Food (Asia) was 10.72. The lowest was 1.38. And the median was 2.47.

HKSE:03999's Debt-to-EBITDA is ranked worse than
85.24% of 1430 companies
in the Consumer Packaged Goods industry
Industry Median: 2.18 vs HKSE:03999: 7.12

DaChan Food (Asia) Debt-to-EBITDA Historical Data

The historical data trend for DaChan Food (Asia)'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.

DaChan Food (Asia) Debt-to-EBITDA Chart

DaChan Food (Asia) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

Get a 7-Day Free Trial

2.12

2.55

1.42

1.38

2.32

DaChan Food (Asia) Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial															3.02	N/A	3.14	-15.02	-

Competitive Comparison of DaChan Food (Asia)'s Debt-to-EBITDA

For the Packaged Foods subindustry, DaChan Food (Asia)'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.

DaChan Food (Asia)'s Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, DaChan Food (Asia)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where DaChan Food (Asia)'s Debt-to-EBITDA falls into.

DaChan Food (Asia) Debt-to-EBITDA Calculation

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

DaChan Food (Asia)'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
	=	(304.022	+	309.701)	/	264.957
	=	2.32

DaChan Food (Asia)'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
	=	(304.022	+	309.701)	/	-40.868
	=	-15.02

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.

DaChan Food (Asia) (HKSE:03999) 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.

DaChan Food (Asia) Debt-to-EBITDA Related Terms

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

DaChan Food (Asia) (HKSE:03999) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DaChan Food (Asia) Ltd (HKSE:03999) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

No. 6 Chaowai Street, Room 401, 4th Floor, Office Tower C, Vanton Center, Chaoyang District, Beijing, CHN, 100020

Website

https://www.dfa3999.com

DaChan Food (Asia) Ltd is an investment holding company. It operates through three segments namely, the Chicken Meat segment which carries on a business of broiler farming, hatching of broiler breeder eggs, contract farming, processing and marketing of chilled and frozen chicken meat marketed under the brand of DaChan and Sisters' Kitchen; The Livestock feeds segment manufactures and distributes complete feed, base mix and pre-mix for swine, layer, broiler, duck, and breeder poultry under the brands of Dr. Nupak, DaChan, and Green Knight; and The Processed food segment produces and distributes pickled, pre-fried, and instant food. The geographical regions of the group are The PRC, Japan and Rest of Asia Pacific.

Executives

Great Wall Feedtech (holdings) Ltd.	2101 Beneficial owner
Great Wall Enterprise Co., Ltd.	2201 Interest of corporation controlled by you
Great Wall International (holdings) Ltd.	2201 Interest of corporation controlled by you
Hansen, Inc.	2101 Beneficial owner

DaChan Food (Asia) (HKSE:03999) Headlines

No Headlines