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Longyan Kaolin Clay Co (SHSE:605086) Debt-to-EBITDA : 0.00 (As of Jun. 2024)


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What is Longyan Kaolin Clay Co Debt-to-EBITDA?

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

Longyan Kaolin Clay Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥0.0 Mil. Longyan Kaolin Clay Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥0.0 Mil. Longyan Kaolin Clay Co's annualized EBITDA for the quarter that ended in Jun. 2024 was ¥107.4 Mil. Longyan Kaolin Clay Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 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 Longyan Kaolin Clay Co's Debt-to-EBITDA or its related term are showing as below:

During the past 8 years, the highest Debt-to-EBITDA Ratio of Longyan Kaolin Clay Co was 1.45. The lowest was 0.00. And the median was 0.87.

SHSE:605086's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.82
* Ranked among companies with meaningful Debt-to-EBITDA only.

Longyan Kaolin Clay Co Debt-to-EBITDA Historical Data

The historical data trend for Longyan Kaolin Clay 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.

Longyan Kaolin Clay Co Debt-to-EBITDA Chart

Longyan Kaolin Clay Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.15 - - - -

Longyan Kaolin Clay Co Quarterly Data
Jun19 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 - - - - -

Competitive Comparison of Longyan Kaolin Clay Co's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Longyan Kaolin Clay 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.


Longyan Kaolin Clay Co's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Longyan Kaolin Clay Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Longyan Kaolin Clay Co's Debt-to-EBITDA falls into.



Longyan Kaolin Clay Co Debt-to-EBITDA Calculation

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

Longyan Kaolin Clay 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 + 0) / 150.299
=0.00

Longyan Kaolin Clay 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
=(0 + 0) / 107.424
=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 (Jun. 2024) EBITDA data.


Longyan Kaolin Clay Co  (SHSE:605086) 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.


Longyan Kaolin Clay Co Debt-to-EBITDA Related Terms

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


Longyan Kaolin Clay Co Business Description

Traded in Other Exchanges
N/A
Address
No.260 Longyan Avenue, Xibei Street, Floor 10-12, State-owned Building, Xinluo District, Fujian Province, Longyan, CHN, 364000
Longyan Kaolin Clay Co Ltd is engaged in the selection, processing and sales of kaolin. The company's main products are kaolin ore, 325 mesh kaolin concentrate, super Longyan kaolin, and modified kaolin. The products have the characteristics of low iron, titanium and other harmful impurities, high firing whiteness, and good ceramic performance. It is widely used in daily ceramics, arts and crafts ceramics and high-end architectural ceramics.

Longyan Kaolin Clay Co Headlines

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