Weilong Delicious Global Holdings (HKSE:09985) Debt-to-EBITDA : 0.13 (As of Dec. 2023)

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What is Weilong Delicious Global Holdings Debt-to-EBITDA?

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

Weilong Delicious Global Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$6 Mil. Weilong Delicious Global Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$206 Mil. Weilong Delicious Global Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$1,653 Mil. Weilong Delicious Global Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.13.

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 Weilong Delicious Global Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:09985' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.14 Med: 0.3 Max: 0.39
Current: 0.15

During the past 5 years, the highest Debt-to-EBITDA Ratio of Weilong Delicious Global Holdings was 0.39. The lowest was 0.14. And the median was 0.30.

HKSE:09985's Debt-to-EBITDA is ranked better than
90.3% of 1433 companies
in the Consumer Packaged Goods industry
Industry Median: 2.16 vs HKSE:09985: 0.15

Weilong Delicious Global Holdings Debt-to-EBITDA Historical Data

The historical data trend for Weilong Delicious Global Holdings'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.

Weilong Delicious Global Holdings Debt-to-EBITDA Chart

Weilong Delicious Global Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

0.18

0.36

0.39

0.30

0.14

Weilong Delicious Global Holdings Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			0.35	0.96	-15.13	0.17	0.13

Competitive Comparison of Weilong Delicious Global Holdings's Debt-to-EBITDA

For the Packaged Foods subindustry, Weilong Delicious Global Holdings'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.

Weilong Delicious Global Holdings's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Weilong Delicious Global Holdings's Debt-to-EBITDA falls into.

Weilong Delicious Global Holdings Debt-to-EBITDA Calculation

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

Weilong Delicious Global Holdings'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
	=	(6.204	+	205.51)	/	1563.281
	=	0.14

Weilong Delicious Global Holdings'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
	=	(6.204	+	205.51)	/	1652.726
	=	0.13

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.

Weilong Delicious Global Holdings (HKSE:09985) 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.

Weilong Delicious Global Holdings Debt-to-EBITDA Related Terms

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

Weilong Delicious Global Holdings (HKSE:09985) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Weilong Delicious Global Holdings Ltd (HKSE:09985) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

Intersection of Dongfanghong Road and Zhongshan Road, Southwest Corner, Shaoling District, Henan, Luohe, CHN

Website

https://www.weilongshipin.com

Weilong Delicious Global Holdings Ltd is principally engaged in the production and sale of spicy snack food. The group is organized into business units based on the products and has three reportable operating segments namely, Seasoned flour products, comprising Big Latiao, Mini Latiao, Spicy Hot Stick, Mini Hot Stick and Kiss Burn; Vegetable products, comprising Konjac Shuang and Fengchi Kelp and Bean-based and other products, comprising Soft Tofu Skin, 78 Braised egg and meat products. Majority of the company's revenue is derived from Seasoned flour products and the business activities are conducted in China.

Executives

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Liu Weiping	2305 Beneficiary of a trust

Weilong Delicious Global Holdings (HKSE:09985) Headlines

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