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Fuxing China Group (SGX:AWK) Debt-to-EBITDA : 1.91 (As of Dec. 2023)


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What is Fuxing China Group Debt-to-EBITDA?

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

Fuxing China Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$16.3 Mil. Fuxing China Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.0 Mil. Fuxing China Group's annualized EBITDA for the quarter that ended in Dec. 2023 was S$8.5 Mil. Fuxing China Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.91.

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

SGX:AWK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -12.92   Med: 2.71   Max: 82.08
Current: 1.88

During the past 13 years, the highest Debt-to-EBITDA Ratio of Fuxing China Group was 82.08. The lowest was -12.92. And the median was 2.71.

SGX:AWK's Debt-to-EBITDA is ranked better than
60.64% of 808 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.83 vs SGX:AWK: 1.88

Fuxing China Group Debt-to-EBITDA Historical Data

The historical data trend for Fuxing China 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.

Fuxing China Group Debt-to-EBITDA Chart

Fuxing China Group 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 82.08 -1.57 1.68 1.69 1.89

Fuxing China Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.18 1.77 1.90 2.99 1.91

Competitive Comparison of Fuxing China Group's Debt-to-EBITDA

For the Apparel Manufacturing subindustry, Fuxing China 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.


Fuxing China Group's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Fuxing China Group Debt-to-EBITDA Calculation

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

Fuxing China 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
=(16.287 + 0) / 8.63
=1.89

Fuxing China Group'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
=(16.287 + 0) / 8.518
=1.91

* 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 two times the quarterly (Dec. 2023) EBITDA data.


Fuxing China Group  (SGX:AWK) 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.


Fuxing China Group Debt-to-EBITDA Related Terms

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


Fuxing China Group (SGX:AWK) Business Description

Traded in Other Exchanges
Address
Hangbian Industrial Area, Longhu Town, Fujian Province, Jinjiang, CHN, 362241
Fuxing China Group Ltd is an investment holding company. The company has four reportable operating segments: Zippers, Processing, Trading, and Corporate. The zipper segment is further subdivided into Zipper Chains, and Zipper Sliders. The processing segment includes colour dyeing of fabric tapes for zippers, electroplating services for zipper sliders, and manufacturing and sales of dyed yarn. The Trading segment represents the trading of raw materials, including rubber thread, nylon fabric, and nylon yarn. Its geographical segments are China and Hong Kong, of which China accounts for the majority of its revenue.