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Springsnow Food Group Co (SHSE:605567) Debt-to-EBITDA : 16.09 (As of Sep. 2024)


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What is Springsnow Food Group Co Debt-to-EBITDA?

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

Springsnow Food Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥699 Mil. Springsnow Food Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥29 Mil. Springsnow Food Group Co's annualized EBITDA for the quarter that ended in Sep. 2024 was ¥45 Mil. Springsnow Food Group Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 16.09.

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 Springsnow Food Group Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:605567' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -23.98   Med: 2.65   Max: 10.5
Current: -23.98

During the past 7 years, the highest Debt-to-EBITDA Ratio of Springsnow Food Group Co was 10.50. The lowest was -23.98. And the median was 2.65.

SHSE:605567's Debt-to-EBITDA is ranked worse than
100% of 1496 companies
in the Consumer Packaged Goods industry
Industry Median: 2.06 vs SHSE:605567: -23.98

Springsnow Food Group Co Debt-to-EBITDA Historical Data

The historical data trend for Springsnow Food 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.

Springsnow Food Group Co Debt-to-EBITDA Chart

Springsnow Food Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 2.27 1.32 1.61 2.65 10.50

Springsnow Food Group Co Quarterly Data
Dec18 Dec19 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 10.87 -2.82 42.38 20.44 16.09

Competitive Comparison of Springsnow Food Group Co's Debt-to-EBITDA

For the Packaged Foods subindustry, Springsnow Food 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.


Springsnow Food Group Co's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Springsnow Food Group Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Springsnow Food Group Co's Debt-to-EBITDA falls into.



Springsnow Food Group Co Debt-to-EBITDA Calculation

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

Springsnow Food 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
=(580.564 + 31.056) / 58.268
=10.50

Springsnow Food Group 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
=(699.276 + 29.046) / 45.256
=16.09

* 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.


Springsnow Food Group Co  (SHSE:605567) 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.


Springsnow Food Group Co Debt-to-EBITDA Related Terms

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


Springsnow Food Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 382, ??Fushan Road, Laiyang, Shandong Province, Yantai, CHN, 265200
Springsnow Food Group Co Ltd is engaged in the research and development, production, processing and sales of white feather chicken and chicken food.
Executives
Wang Lei Supervisors
Chen Fei Directors, senior managers
Sun Yu Wen Director
Li Lei senior management
Xu Jian Xiang senior management
Li Yan Lin Directors, senior managers
Zhang Ji Rong senior management
Huang Shi Min senior management
Zheng Jun senior management
Lv Gao Feng Supervisors
Wang Ke Zhu Directors, senior managers
Liu Xian Shuai senior management
Hao Kong Chen senior management

Springsnow Food Group Co Headlines

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