JXG (JX Luxventure Group) Debt-to-EBITDA : 0.09 (As of Jun. 2024)

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What is JX Luxventure Group Debt-to-EBITDA?

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

JX Luxventure Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.62 Mil. JX Luxventure Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil. JX Luxventure Group's annualized EBITDA for the quarter that ended in Jun. 2024 was $6.82 Mil. JX Luxventure Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.09.

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 JX Luxventure Group's Debt-to-EBITDA or its related term are showing as below:

JXG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.87 Med: -0.1 Max: 1.5
Current: 0.15

During the past 12 years, the highest Debt-to-EBITDA Ratio of JX Luxventure Group was 1.50. The lowest was -10.87. And the median was -0.10.

JXG's Debt-to-EBITDA is ranked better than
93.61% of 814 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.59 vs JXG: 0.15

JX Luxventure Group Debt-to-EBITDA Historical Data

The historical data trend for JX Luxventure Group'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.

JX Luxventure Group Debt-to-EBITDA Chart

JX Luxventure Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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1.50

-10.87

-0.25

-0.05

JX Luxventure Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.13	-0.03	-	-	0.09

Competitive Comparison of JX Luxventure Group's Debt-to-EBITDA

For the Apparel Manufacturing subindustry, JX Luxventure Group'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.

JX Luxventure Group's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, JX Luxventure Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where JX Luxventure Group's Debt-to-EBITDA falls into.

JX Luxventure Group Debt-to-EBITDA Calculation

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

JX Luxventure Group'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
	=	(0	+	0)	/	3.335
	=	0.00

JX Luxventure Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.619	+	0)	/	6.822
	=	0.09

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 (Jun. 2024) EBITDA data.

JX Luxventure Group (NAS:JXG) 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.

JX Luxventure Group Debt-to-EBITDA Related Terms

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

JX Luxventure Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » JX Luxventure Group Inc (NAS:JXG) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bin Hai Da Dao No. 270, Lang Qin Wan Guo Ji Du Jia Cun Zong He Lou, Xiu Ying District, Hainan Province, Haikou, CHN, 570100

Website

https://www.jxluxventure.com

JX Luxventure Group Inc, formerly JX Luxventure Ltd is engaged in the tourism sector and supplying related products, including technology solutions, to business partners in China, both online and offline. The company operates in three segments Airline tickets and tourism services, Software Solutions for Tourism Cross-border operation, and Tourism Cross-border Merchandise. The majority of the group revenue is generated from Tourism products.