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Zhejiang Golden Eagle CoSHSE:600232 +1.49%69 Debt-to-EBITDA is 3.91 as of Mar. 2026, which is 109% above its 10-year median of 1.87. GuruFocus rates SHSE:600232 with a GF Score™ of 69/100 and a GF Value™ of ¥6.86 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 812 Manufacturing - Apparel & Accessories companies, Zhejiang Golden Eagle Co ranks worse than 68.23% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Zhejiang Golden Eagle Co's Debt-to-EBITDA or its related term are showing as below:
SHSE:600232'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.89 Med: 1.87 Max: 4.61
Current: 4.48
During the past 13 years, the highest Debt-to-EBITDA Ratio of Zhejiang Golden Eagle Co was 4.61. The lowest was 0.89. And the median was 1.87.
SHSE:600232's Debt-to-EBITDA is ranked worse than 68.23% of 812
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.705
vs SHSE:600232: 4.48
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.
Zhejiang Golden Eagle Co Debt-to-EBITDA Related Terms
Zhejiang Golden Eagle Co Debt-to-EBITDA Historical Data
* 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.
Zhejiang Golden Eagle Co Debt-to-EBITDA Competitor Comparison
For the Textile Manufacturing subindustry, Zhejiang Golden Eagle 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.
Zhejiang Golden Eagle Co Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Golden Eagle Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Zhejiang Golden Eagle Co's Debt-to-EBITDA falls into.
* 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 (Mar. 2026) EBITDA data.
Zhejiang Golden Eagle Co (SHSE:600232) has a Debt-to-EBITDA of 3.91 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Zhejiang Golden Eagle Co. This is 109% above median its historical median of 1.87. Over the past decade, Zhejiang Golden Eagle Co's Debt-to-EBITDA has ranged from 0.89 to 4.61. According to the industry distribution chart, Zhejiang Golden Eagle Co ranks #554 out of 812 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 68.2%.
Is Zhejiang Golden Eagle Co's Debt-to-EBITDA too high?
Zhejiang Golden Eagle Co's current Debt-to-EBITDA of 3.91 is 109% above median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 4.61. The Manufacturing - Apparel & Accessories industry median Debt-to-EBITDA is 2.71. Zhejiang Golden Eagle Co's value of 3.91 is 44.5% above this industry median. Based on the distribution chart, Zhejiang Golden Eagle Co ranks #554 out of 812 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Zhejiang Golden Eagle Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Golden Eagle Co's Debt-to-EBITDA compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhejiang Golden Eagle Co ranks #554 out of 812 companies for Debt-to-EBITDA. This places Zhejiang Golden Eagle Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.71. Zhejiang Golden Eagle Co's value of 3.91 is 44.5% above this benchmark. Historically, Zhejiang Golden Eagle Co's own Debt-to-EBITDA has ranged from 0.89 to 4.61 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 2.71, Zhejiang Golden Eagle Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Manufacturing - Apparel & Accessories company?
The median Debt-to-EBITDA among Manufacturing - Apparel & Accessories companies is 2.71, based on 812 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zhejiang Golden Eagle Co's current Debt-to-EBITDA of 3.91 is 44.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Zhejiang Golden Eagle Co. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-EBITDA is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Golden Eagle Co's current Debt-to-EBITDA is 3.91, which is 109% above median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Golden Eagle Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Golden Eagle Co (SHSE:600232) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.86, compared to a current price of ¥6.13 — trading 10.6% below its estimated fair value. The current Debt-to-EBITDA is 3.91, which is 109% above median its 10-year median of 1.87 and 44.5% above the Manufacturing - Apparel & Accessories industry median of 2.71. Zhejiang Golden Eagle Co's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Zhejiang Golden Eagle Co (SHSE:600232), the current Debt-to-EBITDA is 3.91 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Zhejiang Golden Eagle Co (SHSE:600232) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Golden Eagle Co stock appears to be undervalued.
The current stock price of ¥6.13 is trading 10.6% below its estimated GF Value™ of ¥6.86.
GuruFocus considers Zhejiang Golden Eagle Co to be Modestly Undervalued.
Key valuation signals for SHSE:600232:
Debt-to-EBITDA: 3.91 (109% above median its 10-year median of 1.87)
GF Value™: ¥6.86 vs. price of ¥6.13 (10.6% below fair value)
Industry Position: 44.5% above the Manufacturing - Apparel & Accessories median (#554 of 812)
No single metric tells the full story. See the SHSE:600232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Golden Eagle Co Ltd is a Chinese company engaged in silk spinning, flax spinning, dyeing, and textile production. The company also manufactures textile equipment. The company generates the majority of its revenue from the Textile manufacturing business. The company also generates a small portion of revenue from the Battery material business.
69GF Score
Get the complete analysis for SHSE:600232
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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