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Guangdong Guanhao High-Tech Co (SHSE:600433) Debt-to-EBITDA : 10.60 (As of Mar. 2024)


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What is Guangdong Guanhao High-Tech Co Debt-to-EBITDA?

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

Guangdong Guanhao High-Tech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,608 Mil. Guangdong Guanhao High-Tech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,037 Mil. Guangdong Guanhao High-Tech Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥249 Mil. Guangdong Guanhao High-Tech Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 10.60.

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 Guangdong Guanhao High-Tech Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600433' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -23.78   Med: 3.12   Max: 16.01
Current: -23.78

During the past 13 years, the highest Debt-to-EBITDA Ratio of Guangdong Guanhao High-Tech Co was 16.01. The lowest was -23.78. And the median was 3.12.

SHSE:600433's Debt-to-EBITDA is ranked worse than
100% of 227 companies
in the Forest Products industry
Industry Median: 3.56 vs SHSE:600433: -23.78

Guangdong Guanhao High-Tech Co Debt-to-EBITDA Historical Data

The historical data trend for Guangdong Guanhao High-Tech 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.

Guangdong Guanhao High-Tech Co Debt-to-EBITDA Chart

Guangdong Guanhao High-Tech 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 2.13 1.29 1.02 1.09 16.01

Guangdong Guanhao High-Tech Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.16 -3.76 -7.30 12.64 10.60

Competitive Comparison of Guangdong Guanhao High-Tech Co's Debt-to-EBITDA

For the Paper & Paper Products subindustry, Guangdong Guanhao High-Tech 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.


Guangdong Guanhao High-Tech Co's Debt-to-EBITDA Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Guangdong Guanhao High-Tech Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Guangdong Guanhao High-Tech Co's Debt-to-EBITDA falls into.



Guangdong Guanhao High-Tech Co Debt-to-EBITDA Calculation

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

Guangdong Guanhao High-Tech 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
=(1552.645 + 645.25) / 137.321
=16.01

Guangdong Guanhao High-Tech Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1608.068 + 1037.249) / 249.472
=10.60

* 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. 2024) EBITDA data.


Guangdong Guanhao High-Tech Co  (SHSE:600433) 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.


Guangdong Guanhao High-Tech Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Guangdong Guanhao High-Tech Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangdong Guanhao High-Tech Co (SHSE:600433) Business Description

Traded in Other Exchanges
N/A
Address
Changping Road, Zhanjiang Economy and Technology Development Zone, Guangdong, Zhanjiang, CHN, 524022
Guangdong Guanhao High-Tech Co Ltd is a China-based company engages in the paper production business. Its products include common carbonless copy paper, special purpose carbonless copy paper and other carbonless copy paper. Its thermal paper products are mainly used in the manufacturing of bills, tags, fax materials and others.
Executives
Liang Min senior management
Xie Xian Long Director
Liu Li Xin senior management
Zhang Hong Director
Zhuo Hao senior management
Ding Guo Qiang senior management
Li Fei Directors, senior managers
Wang Qi Director
Huang Yang Xu Director

Guangdong Guanhao High-Tech Co (SHSE:600433) Headlines

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