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Sinochem Equipment Technology (Qingdao) Co (SHSE:600579) Debt-to-EBITDA : -5.65 (As of Mar. 2025)


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What is Sinochem Equipment Technology (Qingdao) Co Debt-to-EBITDA?

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

Sinochem Equipment Technology (Qingdao) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥304 Mil. Sinochem Equipment Technology (Qingdao) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥100 Mil. Sinochem Equipment Technology (Qingdao) Co's annualized EBITDA for the quarter that ended in Mar. 2025 was ¥-72 Mil. Sinochem Equipment Technology (Qingdao) Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 was -5.65.

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 Sinochem Equipment Technology (Qingdao) Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600579' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.84   Med: 3.6   Max: 8.56
Current: -0.21

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sinochem Equipment Technology (Qingdao) Co was 8.56. The lowest was -10.84. And the median was 3.60.

SHSE:600579's Debt-to-EBITDA is ranked worse than
100% of 2274 companies
in the Industrial Products industry
Industry Median: 1.715 vs SHSE:600579: -0.21

Sinochem Equipment Technology (Qingdao) Co Debt-to-EBITDA Historical Data

The historical data trend for Sinochem Equipment Technology (Qingdao) 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.

Sinochem Equipment Technology (Qingdao) Co Debt-to-EBITDA Chart

Sinochem Equipment Technology (Qingdao) Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.25 8.56 -10.84 -3.49 -0.32

Sinochem Equipment Technology (Qingdao) Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 7.54 -3.80 -1.30 -0.09 -5.65

Competitive Comparison of Sinochem Equipment Technology (Qingdao) Co's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Sinochem Equipment Technology (Qingdao) 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.


Sinochem Equipment Technology (Qingdao) Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sinochem Equipment Technology (Qingdao) Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sinochem Equipment Technology (Qingdao) Co's Debt-to-EBITDA falls into.


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Sinochem Equipment Technology (Qingdao) Co Debt-to-EBITDA Calculation

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

Sinochem Equipment Technology (Qingdao) Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(261.441 + 90.671) / -1097.683
=-0.32

Sinochem Equipment Technology (Qingdao) Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(304.128 + 100.405) / -71.608
=-5.65

* 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. 2025) EBITDA data.


Sinochem Equipment Technology (Qingdao) Co  (SHSE:600579) 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.


Sinochem Equipment Technology (Qingdao) Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Sinochem Equipment Technology (Qingdao) Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Sinochem Equipment Technology (Qingdao) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Beitucheng West Road, China National Bluestar Headquarters Building, Chaoyang District, Beijing, CHN, 100029
Sinochem Equipment Technology (Qingdao) Co Ltd is engaged in the Chemical equipment business and rubber machinery business.

Sinochem Equipment Technology (Qingdao) Co Headlines

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