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Sk Shu Paint Co (SHSE:603737) Debt-to-EBITDA : 11.74 (As of Mar. 2024)


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What is Sk Shu Paint Co Debt-to-EBITDA?

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

Sk Shu Paint Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2,524 Mil. Sk Shu Paint Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,437 Mil. Sk Shu Paint Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥338 Mil. Sk Shu Paint Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 11.73.

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 Sk Shu Paint Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:603737' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -14.63   Med: 0.83   Max: 10.26
Current: 10.26

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sk Shu Paint Co was 10.26. The lowest was -14.63. And the median was 0.83.

SHSE:603737's Debt-to-EBITDA is ranked worse than
87.66% of 1216 companies
in the Chemicals industry
Industry Median: 2.325 vs SHSE:603737: 10.26

Sk Shu Paint Co Debt-to-EBITDA Historical Data

The historical data trend for Sk Shu Paint 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.

Sk Shu Paint Co Debt-to-EBITDA Chart

Sk Shu Paint 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 1.77 2.30 -14.63 4.58 4.30

Sk Shu Paint 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 11.16 2.75 2.91 -1.95 11.74

Competitive Comparison of Sk Shu Paint Co's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Sk Shu Paint 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.


Sk Shu Paint Co's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sk Shu Paint Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sk Shu Paint Co's Debt-to-EBITDA falls into.



Sk Shu Paint Co Debt-to-EBITDA Calculation

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

Sk Shu Paint 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
=(2087.225 + 1484.38) / 831.235
=4.30

Sk Shu Paint 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
=(2524.195 + 1436.733) / 337.544
=11.73

* 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.


Sk Shu Paint Co  (SHSE:603737) 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.


Sk Shu Paint Co Debt-to-EBITDA Related Terms

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


Sk Shu Paint Co (SHSE:603737) Business Description

Traded in Other Exchanges
N/A
Address
No. 518 LIyuan North Road, Licheng District, Fujian Province, Putian City, CHN, 351100
Sk Shu Paint Co Ltd operates in the business of paint products. It offers decorative paints, such as interior paints; architectural coatings, including floor paints, granite paints, stone covers, texture paints, and rock chip paints; wood paints comprising ultraviolet, PU, and NC paints; and auxiliary materials consisting of adhesives, waterproof paints, and putty.
Executives
Zhao Fu Wei Supervisors
Mi Li Directors, senior managers
Peng Yong Sen Supervisors
Hong Jie Directors, senior managers
Lin De Dian senior management
Zhu Qi Feng Directors, senior managers
Lin Li Zhong Director
Cai Wei Ting Supervisors
Huang Sheng Lin senior management
Fang Guo Qin Directors, senior managers
Chen Chao Yang Supervisors

Sk Shu Paint Co (SHSE:603737) Headlines

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