GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Raisecom Technology Co Ltd (SHSE:603803) » Definitions » Debt-to-EBITDA

Raisecom Technology Co (SHSE:603803) Debt-to-EBITDA : -1.34 (As of Jun. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Raisecom Technology Co Debt-to-EBITDA?

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

Raisecom Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥249 Mil. Raisecom Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥48 Mil. Raisecom Technology Co's annualized EBITDA for the quarter that ended in Jun. 2024 was ¥-221 Mil. Raisecom Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -1.34.

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 Raisecom Technology Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:603803' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.58   Med: 1.41   Max: 5.47
Current: -1.58

During the past 12 years, the highest Debt-to-EBITDA Ratio of Raisecom Technology Co was 5.47. The lowest was -2.58. And the median was 1.41.

SHSE:603803's Debt-to-EBITDA is ranked worse than
100% of 1737 companies
in the Hardware industry
Industry Median: 1.88 vs SHSE:603803: -1.58

Raisecom Technology Co Debt-to-EBITDA Historical Data

The historical data trend for Raisecom Technology 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.

Raisecom Technology Co Debt-to-EBITDA Chart

Raisecom Technology 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 1.40 1.98 -0.54 5.47 -2.58

Raisecom Technology Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -36.40 -2.62 -0.73 3.40 -1.34

Competitive Comparison of Raisecom Technology Co's Debt-to-EBITDA

For the Communication Equipment subindustry, Raisecom Technology 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.


Raisecom Technology Co's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Raisecom Technology Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Raisecom Technology Co's Debt-to-EBITDA falls into.



Raisecom Technology Co Debt-to-EBITDA Calculation

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

Raisecom Technology 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
=(292.736 + 59.413) / -136.516
=-2.58

Raisecom Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(249.362 + 48.163) / -221.36
=-1.34

* 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 (Jun. 2024) EBITDA data.


Raisecom Technology Co  (SHSE:603803) 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.


Raisecom Technology Co Debt-to-EBITDA Related Terms

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


Raisecom Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 10, West Wangdong Road, 1st to 5th floor, Building 11, East Building, Haidian District, Beijing, CHN, 100094
Raisecom Technology Co Ltd is a Chinese provider of access solutions and network devices. Its product lines consist carrier ethernet, IP MPLS, optical transport network, packet transport network, xPON, SME routers, industrial switch, PCM for SCADA, ethernet over everything, multi-service last mile access and network management system. In addition, the company also offers tailored solutions for access scenarios focusing on service providers, mobile backhaul and front haul, broadband access, mission critical networks, enterprise and government communications services.
Executives
Wang Jian Ming Director
Zheng Xiang Director

Raisecom Technology Co Headlines

No Headlines