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Jason Furniture (Hangzhou) Co (SHSE:603816) Debt-to-EBITDA : 0.61 (As of Sep. 2024)


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What is Jason Furniture (Hangzhou) Co Debt-to-EBITDA?

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

Jason Furniture (Hangzhou) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥1,196 Mil. Jason Furniture (Hangzhou) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥241 Mil. Jason Furniture (Hangzhou) Co's annualized EBITDA for the quarter that ended in Sep. 2024 was ¥2,367 Mil. Jason Furniture (Hangzhou) Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.61.

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 Jason Furniture (Hangzhou) Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:603816' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.61   Max: 1.36
Current: 0.61

During the past 13 years, the highest Debt-to-EBITDA Ratio of Jason Furniture (Hangzhou) Co was 1.36. The lowest was 0.03. And the median was 0.61.

SHSE:603816's Debt-to-EBITDA is ranked better than
73.95% of 334 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.96 vs SHSE:603816: 0.61

Jason Furniture (Hangzhou) Co Debt-to-EBITDA Historical Data

The historical data trend for Jason Furniture (Hangzhou) 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.

Jason Furniture (Hangzhou) Co Debt-to-EBITDA Chart

Jason Furniture (Hangzhou) 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 1.06 0.63 0.60 0.66 0.63

Jason Furniture (Hangzhou) 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 1.16 0.83 0.72 0.58 0.61

Competitive Comparison of Jason Furniture (Hangzhou) Co's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Jason Furniture (Hangzhou) 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.


Jason Furniture (Hangzhou) Co's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Jason Furniture (Hangzhou) Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Jason Furniture (Hangzhou) Co's Debt-to-EBITDA falls into.



Jason Furniture (Hangzhou) Co Debt-to-EBITDA Calculation

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

Jason Furniture (Hangzhou) 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
=(1658.272 + 315.02) / 3150.032
=0.63

Jason Furniture (Hangzhou) 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
=(1195.693 + 241.492) / 2367.356
=0.61

* 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.


Jason Furniture (Hangzhou) Co  (SHSE:603816) 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.


Jason Furniture (Hangzhou) Co Debt-to-EBITDA Related Terms

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


Jason Furniture (Hangzhou) Co Business Description

Traded in Other Exchanges
N/A
Address
No.599-1, Dongning Road, Gujia Building, Jianggan District, Hangzhou, CHN
Jason Furniture (Hangzhou) Co Ltd is a China-based company engaged in the Research and development, design, production and sales of mid- to high-end sofas, soft beds and other soft furniture products for living rooms and bedrooms.
Executives
Li Dong Lai Directors, senior managers
Liu Chun Xin senior management
Li Yun Hai senior management
Liao Qiang senior management
Ou Ya Fei senior management
Liu Hong senior management
Wu Han senior management
Chen Bang Deng senior management

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