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Cheng Du Sheng Nuo Biotec Co (SHSE:688117) Debt-to-EBITDA : 3.23 (As of Mar. 2024)


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What is Cheng Du Sheng Nuo Biotec Co Debt-to-EBITDA?

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

Cheng Du Sheng Nuo Biotec Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥136.0 Mil. Cheng Du Sheng Nuo Biotec Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥151.4 Mil. Cheng Du Sheng Nuo Biotec Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥89.0 Mil. Cheng Du Sheng Nuo Biotec Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.23.

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 Cheng Du Sheng Nuo Biotec Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:688117' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.29   Med: 0.37   Max: 3.09
Current: 3.09

During the past 7 years, the highest Debt-to-EBITDA Ratio of Cheng Du Sheng Nuo Biotec Co was 3.09. The lowest was 0.29. And the median was 0.37.

SHSE:688117's Debt-to-EBITDA is ranked worse than
65.1% of 659 companies
in the Drug Manufacturers industry
Industry Median: 1.7 vs SHSE:688117: 3.09

Cheng Du Sheng Nuo Biotec Co Debt-to-EBITDA Historical Data

The historical data trend for Cheng Du Sheng Nuo Biotec 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.

Cheng Du Sheng Nuo Biotec Co Debt-to-EBITDA Chart

Cheng Du Sheng Nuo Biotec Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial - - 0.37 1.02 2.24

Cheng Du Sheng Nuo Biotec Co Quarterly Data
Dec18 Mar19 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 3.16 7.32 3.20 1.58 3.23

Competitive Comparison of Cheng Du Sheng Nuo Biotec Co's Debt-to-EBITDA

For the Drug Manufacturers - Specialty & Generic subindustry, Cheng Du Sheng Nuo Biotec 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.


Cheng Du Sheng Nuo Biotec Co's Debt-to-EBITDA Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Cheng Du Sheng Nuo Biotec Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Cheng Du Sheng Nuo Biotec Co's Debt-to-EBITDA falls into.



Cheng Du Sheng Nuo Biotec Co Debt-to-EBITDA Calculation

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

Cheng Du Sheng Nuo Biotec 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
=(71.905 + 189.793) / 116.848
=2.24

Cheng Du Sheng Nuo Biotec 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
=(136.042 + 151.379) / 88.952
=3.23

* 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.


Cheng Du Sheng Nuo Biotec Co  (SHSE:688117) 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.


Cheng Du Sheng Nuo Biotec Co Debt-to-EBITDA Related Terms

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


Cheng Du Sheng Nuo Biotec Co (SHSE:688117) Business Description

Traded in Other Exchanges
N/A
Address
Section 1, Industrial Avenue, Jinyuan Town, Dayi County, Sichuan Province, Chengdu, CHN, 611330
Cheng Du Sheng Nuo Biotec Co Ltd is a independent research and development, production and sales of peptide raw materials and preparation products.
Executives
Wang Xiao Li Directors, senior managers
Lu Chang Liang senior management
Zhang Hong Yan Directors, senior managers

Cheng Du Sheng Nuo Biotec Co (SHSE:688117) Headlines

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