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Yutong Heavy Industries Co (SHSE:600817) Debt-to-EBITDA : 0.01 (As of Sep. 2024)


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What is Yutong Heavy Industries Co Debt-to-EBITDA?

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

Yutong Heavy Industries Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥2 Mil. Yutong Heavy Industries Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥1 Mil. Yutong Heavy Industries Co's annualized EBITDA for the quarter that ended in Sep. 2024 was ¥293 Mil. Yutong Heavy Industries Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.01.

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 Yutong Heavy Industries Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600817' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -15.92   Med: 0.04   Max: 20.33
Current: 0.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of Yutong Heavy Industries Co was 20.33. The lowest was -15.92. And the median was 0.04.

SHSE:600817's Debt-to-EBITDA is ranked better than
99.39% of 165 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.8 vs SHSE:600817: 0.01

Yutong Heavy Industries Co Debt-to-EBITDA Historical Data

The historical data trend for Yutong Heavy Industries 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.

Yutong Heavy Industries Co Debt-to-EBITDA Chart

Yutong Heavy Industries 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 0.10 0.06 0.04 - 0.02

Yutong Heavy Industries Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 0.02 0.03 0.01 0.01

Competitive Comparison of Yutong Heavy Industries Co's Debt-to-EBITDA

For the Farm & Heavy Construction Machinery subindustry, Yutong Heavy Industries 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.


Yutong Heavy Industries Co's Debt-to-EBITDA Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Yutong Heavy Industries Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Yutong Heavy Industries Co's Debt-to-EBITDA falls into.



Yutong Heavy Industries Co Debt-to-EBITDA Calculation

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

Yutong Heavy Industries 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
=(3.683 + 2.328) / 346.701
=0.02

Yutong Heavy Industries Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.488 + 0.808) / 293.384
=0.01

* 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 (Sep. 2024) EBITDA data.


Yutong Heavy Industries Co  (SHSE:600817) 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.


Yutong Heavy Industries Co Debt-to-EBITDA Related Terms

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


Yutong Heavy Industries Co Business Description

Traded in Other Exchanges
N/A
Address
No. 86, Poyang Lake Road, 106, 1st Floor, Blue Mountain Mansion, Airport Port, Henan Province, Zhengzhou, CHN, 450000
Yutong Heavy Industries Co Ltd is a large-scale Chinese military and civil engineering machinery, environmental protection, special-purpose vehicle and other products and services professional manufacturing enterprise integrating scientific research and development, manufacturing, sales and services.
Executives
Zhang Zhe Director
Dai Ling Mei Directors, senior managers
Wang Dong Xin Director
Wang Xue Min Director
Xu Li Supervisors
Ma Shu Heng Director
Zhang Xiao Jun senior management
Hu Feng Ju senior management
Sun Ke Supervisors
Meng Qing Yi Supervisors
Chu Xin Jian Directors, senior managers
Cao Zhong Yan Director
Wang Xiao Fei Director
Cao Jian Wei Director
Liang Mu Jin Directors, senior managers

Yutong Heavy Industries Co Headlines

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