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Zhangjiagang Guangda Special Material Co (SHSE:688186) Debt-to-EBITDA : 13.79 (As of Sep. 2024)


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What is Zhangjiagang Guangda Special Material Co Debt-to-EBITDA?

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

Zhangjiagang Guangda Special Material Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥991 Mil. Zhangjiagang Guangda Special Material Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥3,456 Mil. Zhangjiagang Guangda Special Material Co's annualized EBITDA for the quarter that ended in Sep. 2024 was ¥322 Mil. Zhangjiagang Guangda Special Material Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 13.79.

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 Zhangjiagang Guangda Special Material Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:688186' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.37   Med: 4.25   Max: 19.45
Current: 19.45

During the past 8 years, the highest Debt-to-EBITDA Ratio of Zhangjiagang Guangda Special Material Co was 19.45. The lowest was 2.37. And the median was 4.25.

SHSE:688186's Debt-to-EBITDA is ranked worse than
94.39% of 481 companies
in the Steel industry
Industry Median: 2.88 vs SHSE:688186: 19.45

Zhangjiagang Guangda Special Material Co Debt-to-EBITDA Historical Data

The historical data trend for Zhangjiagang Guangda Special Material 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.

Zhangjiagang Guangda Special Material Co Debt-to-EBITDA Chart

Zhangjiagang Guangda Special Material Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 2.37 3.45 4.89 9.65 8.67

Zhangjiagang Guangda Special Material 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 18.98 153.15 27.74 10.98 13.79

Competitive Comparison of Zhangjiagang Guangda Special Material Co's Debt-to-EBITDA

For the Steel subindustry, Zhangjiagang Guangda Special Material 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.


Zhangjiagang Guangda Special Material Co's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Zhangjiagang Guangda Special Material Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Zhangjiagang Guangda Special Material Co's Debt-to-EBITDA falls into.



Zhangjiagang Guangda Special Material Co Debt-to-EBITDA Calculation

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

Zhangjiagang Guangda Special Material 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
=(951.928 + 3343.551) / 495.225
=8.67

Zhangjiagang Guangda Special Material 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
=(990.543 + 3456.116) / 322.432
=13.79

* 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.


Zhangjiagang Guangda Special Material Co  (SHSE:688186) 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.


Zhangjiagang Guangda Special Material Co Debt-to-EBITDA Related Terms

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


Zhangjiagang Guangda Special Material Co Business Description

Traded in Other Exchanges
N/A
Address
Fenghuang Town, Langanqiao Development Zone, Jiangsu Province, Anqing Village, Zhangjiagang, CHN, 215614
Zhangjiagang Guangda Special Material Co Ltd is engaged in production and sale of special steel materials. The company's products include various types of castings and forgings and machine accessories: such as forged round bar, die and tool steel, wind power spindle, heavy load gear motor shaft, high pressure boiler pipe, roller, oil mechanical driller, tube-shaped forging, die block, ring forging, disk-shaped forging and all kinds of abnormal forgings. Its products are used in various industries such as wind power, chemical engineering, machinery, automobile, vessel, power station, metallurgy, mining and petrochemical.
Executives
Tang Zhong Xue Director
Xu Wei Ming Director
Gu Jin Cai senior management
Zhou Qing Chun Core technical personnel

Zhangjiagang Guangda Special Material Co Headlines

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