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Dafeng Port Heshun Technology Co (HKSE:08310) Debt-to-EBITDA : 1.47 (As of Dec. 2023)


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What is Dafeng Port Heshun Technology Co Debt-to-EBITDA?

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

Dafeng Port Heshun Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$473 Mil. Dafeng Port Heshun Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$209 Mil. Dafeng Port Heshun Technology Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$464 Mil. Dafeng Port Heshun Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.47.

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 Dafeng Port Heshun Technology Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:08310' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -47.64   Med: -0.73   Max: 60.83
Current: 7.82

During the past 12 years, the highest Debt-to-EBITDA Ratio of Dafeng Port Heshun Technology Co was 60.83. The lowest was -47.64. And the median was -0.73.

HKSE:08310's Debt-to-EBITDA is ranked worse than
84.74% of 839 companies
in the Transportation industry
Industry Median: 2.81 vs HKSE:08310: 7.82

Dafeng Port Heshun Technology Co Debt-to-EBITDA Historical Data

The historical data trend for Dafeng Port Heshun Technology 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.

Dafeng Port Heshun Technology Co Debt-to-EBITDA Chart

Dafeng Port Heshun Technology 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 38.70 60.83 -23.50 -47.64 6.98

Dafeng Port Heshun Technology 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 8.14 - -26.08 - 1.47

Competitive Comparison of Dafeng Port Heshun Technology Co's Debt-to-EBITDA

For the Integrated Freight & Logistics subindustry, Dafeng Port Heshun Technology 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.


Dafeng Port Heshun Technology Co's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Dafeng Port Heshun Technology Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Dafeng Port Heshun Technology Co's Debt-to-EBITDA falls into.



Dafeng Port Heshun Technology Co Debt-to-EBITDA Calculation

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

Dafeng Port Heshun Technology 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
=(473.409 + 209.477) / 97.835
=6.98

Dafeng Port Heshun Technology 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
=(473.409 + 209.477) / 463.912
=1.47

* 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.


Dafeng Port Heshun Technology Co  (HKSE:08310) 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.


Dafeng Port Heshun Technology Co Debt-to-EBITDA Related Terms

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


Dafeng Port Heshun Technology Co (HKSE:08310) Business Description

Traded in Other Exchanges
N/A
Address
33 Wang Chiu Road, Unit 1009, Exchange Tower, Kowloon Bay, Kowloon, HKG
Dafeng Port Heshun Technology Co Ltd is engaged in the trading and import and export businesses of electronic products, petrochemical products, and other products. The company operates through Integrated logistics handling services, Petrochemical products storage business and trading business.
Executives
Jiang Su Yan Cheng Gang Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Yan Cheng Shi Ren Min Zheng Fu 2201 Interest of corporation controlled by you
Jiang Wen 2101 Beneficial owner
Li Qiuhua 2202 Interest of your spouse
Dafeng Port Overseas Investment Holdings Limited 2101 Beneficial owner
Da Feng Qu Ren Min Zheng Fu 2201 Interest of corporation controlled by you
Jiang Su Da Feng Hai Gang Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

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