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Shanghai Feilo Acoustics Co (SHSE:600651) Debt-to-EBITDA : 10.58 (As of Mar. 2024)


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What is Shanghai Feilo Acoustics Co Debt-to-EBITDA?

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

Shanghai Feilo Acoustics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥263 Mil. Shanghai Feilo Acoustics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥650 Mil. Shanghai Feilo Acoustics Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥86 Mil. Shanghai Feilo Acoustics Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 10.58.

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 Shanghai Feilo Acoustics Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600651' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -25.11   Med: 4.25   Max: 10.4
Current: 8.83

During the past 13 years, the highest Debt-to-EBITDA Ratio of Shanghai Feilo Acoustics Co was 10.40. The lowest was -25.11. And the median was 4.25.

SHSE:600651's Debt-to-EBITDA is ranked worse than
90.62% of 341 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.01 vs SHSE:600651: 8.83

Shanghai Feilo Acoustics Co Debt-to-EBITDA Historical Data

The historical data trend for Shanghai Feilo Acoustics 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.

Shanghai Feilo Acoustics Co Debt-to-EBITDA Chart

Shanghai Feilo Acoustics 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 -4.73 4.57 -25.11 2.26 5.34

Shanghai Feilo Acoustics 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 -118.11 8.09 10.95 8.71 10.58

Competitive Comparison of Shanghai Feilo Acoustics Co's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Shanghai Feilo Acoustics 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.


Shanghai Feilo Acoustics Co's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Shanghai Feilo Acoustics Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Shanghai Feilo Acoustics Co's Debt-to-EBITDA falls into.



Shanghai Feilo Acoustics Co Debt-to-EBITDA Calculation

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

Shanghai Feilo Acoustics 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
=(258.531 + 648.087) / 169.809
=5.34

Shanghai Feilo Acoustics 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
=(262.756 + 650.138) / 86.264
=10.58

* 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.


Shanghai Feilo Acoustics Co  (SHSE:600651) 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.


Shanghai Feilo Acoustics Co Debt-to-EBITDA Related Terms

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


Shanghai Feilo Acoustics Co (SHSE:600651) Business Description

Traded in Other Exchanges
N/A
Address
No. 1001 Jiaxin Road, Building 7, Jiading District, Shanghai, CHN, 200233
Shanghai Feilo Acoustics Co Ltd is a multinational lighting company. It offers landscape lighting, road lighting, automotive lighting, indoor lighting, and other commercial lighting products under the Ya and Sylvania brands.
Executives
Zhang Lin Supervisors
Jin Yan Chun Supervisors
Zhu Kai Yang senior management
Chen Guo Liang Director
Yang Mei Di Supervisors

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