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Inner Mongolia Xinhua Distribution Group Co (SHSE:603230) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Inner Mongolia Xinhua Distribution Group Co Debt-to-EBITDA?

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

Inner Mongolia Xinhua Distribution Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. Inner Mongolia Xinhua Distribution Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. Inner Mongolia Xinhua Distribution Group Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥476 Mil. Inner Mongolia Xinhua Distribution Group Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.00.

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 Inner Mongolia Xinhua Distribution Group Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:603230's Debt-to-EBITDA is not ranked *
in the Retail - Cyclical industry.
Industry Median: 2.685
* Ranked among companies with meaningful Debt-to-EBITDA only.

Inner Mongolia Xinhua Distribution Group Co Debt-to-EBITDA Historical Data

The historical data trend for Inner Mongolia Xinhua Distribution Group 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.

Inner Mongolia Xinhua Distribution Group Co Debt-to-EBITDA Chart

Inner Mongolia Xinhua Distribution Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Inner Mongolia Xinhua Distribution Group Co Quarterly Data
Dec17 Dec18 Dec19 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 - 0.01 - -0.01 -

Competitive Comparison of Inner Mongolia Xinhua Distribution Group Co's Debt-to-EBITDA

For the Specialty Retail subindustry, Inner Mongolia Xinhua Distribution Group 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.


Inner Mongolia Xinhua Distribution Group Co's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Inner Mongolia Xinhua Distribution Group Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Inner Mongolia Xinhua Distribution Group Co's Debt-to-EBITDA falls into.



Inner Mongolia Xinhua Distribution Group Co Debt-to-EBITDA Calculation

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

Inner Mongolia Xinhua Distribution Group 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
=(0.244 + 0.217) / 373.39
=0.00

Inner Mongolia Xinhua Distribution Group 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
=(0.244 + 0.339) / 475.552
=0.00

* 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.


Inner Mongolia Xinhua Distribution Group Co  (SHSE:603230) 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.


Inner Mongolia Xinhua Distribution Group Co Debt-to-EBITDA Related Terms

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Inner Mongolia Xinhua Distribution Group Co (SHSE:603230) Business Description

Traded in Other Exchanges
N/A
Address
No. 56, Xinhua Street, No. 1, 4th Floor, Office Building 1, Inner Mongolia Autonomous Region, Hohhot, CHN
Inner Mongolia Xinhua Distribution Group Co Ltd is engaged in the wholesale and retail of publications; retail of cultural and sports goods; distribution of audio-visual products.

Inner Mongolia Xinhua Distribution Group Co (SHSE:603230) Headlines

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