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Wan Cheng Metal Packaging Co (HKSE:08291) Debt-to-EBITDA : -1.60 (As of Dec. 2023)


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What is Wan Cheng Metal Packaging Co Debt-to-EBITDA?

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

Wan Cheng Metal Packaging Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$30.63 Mil. Wan Cheng Metal Packaging Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$101.45 Mil. Wan Cheng Metal Packaging Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-82.37 Mil. Wan Cheng Metal Packaging Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.60.

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 Wan Cheng Metal Packaging Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:08291' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -21.34   Med: -1.84   Max: 5.65
Current: -5.01

During the past 10 years, the highest Debt-to-EBITDA Ratio of Wan Cheng Metal Packaging Co was 5.65. The lowest was -21.34. And the median was -1.84.

HKSE:08291's Debt-to-EBITDA is ranked worse than
100% of 326 companies
in the Packaging & Containers industry
Industry Median: 2.55 vs HKSE:08291: -5.01

Wan Cheng Metal Packaging Co Debt-to-EBITDA Historical Data

The historical data trend for Wan Cheng Metal Packaging 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.

Wan Cheng Metal Packaging Co Debt-to-EBITDA Chart

Wan Cheng Metal Packaging Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.43 -11.36 -3.64 -1.26 -5.47

Wan Cheng Metal Packaging Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.32 - -31.22 - -1.60

Competitive Comparison of Wan Cheng Metal Packaging Co's Debt-to-EBITDA

For the Packaging & Containers subindustry, Wan Cheng Metal Packaging 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.


Wan Cheng Metal Packaging Co's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Wan Cheng Metal Packaging Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Wan Cheng Metal Packaging Co's Debt-to-EBITDA falls into.



Wan Cheng Metal Packaging Co Debt-to-EBITDA Calculation

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

Wan Cheng Metal Packaging 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
=(30.626 + 101.448) / -24.148
=-5.47

Wan Cheng Metal Packaging 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
=(30.626 + 101.448) / -82.372
=-1.60

* 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 (Dec. 2023) EBITDA data.


Wan Cheng Metal Packaging Co  (HKSE:08291) 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.


Wan Cheng Metal Packaging Co Debt-to-EBITDA Related Terms

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


Wan Cheng Metal Packaging Co (HKSE:08291) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Huada Road, Ronggui Street, Hi-tech Industrial Development Zone, Shunde District, Guangdong Province, Foshan, CHN
Wan Cheng Metal Packaging Co Ltd is an investment holding company. It is a manufacturer of tinplate packaging products including tin cans and steel pails. The group operates in one operating segment which is the manufacturing and sales of tinplate packaging products in China. It derives the majority of its geographical revenues from China.

Wan Cheng Metal Packaging Co (HKSE:08291) Headlines

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