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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 Zhejiang Heda Technology Co's Debt-to-EBITDA or its related term are showing as below:
SHSE:688296'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.56 Med: -0.35 Max: 0.27
Current: -1.12
During the past 13 years, the highest Debt-to-EBITDA Ratio of Zhejiang Heda Technology Co was 0.27. The lowest was -5.56. And the median was -0.35.
SHSE:688296's Debt-to-EBITDA is ranked worse than 100% of 451
companies
in the Utilities - Regulated industry
Industry Median: 4.05
vs SHSE:688296: -1.12
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.
Zhejiang Heda Technology Co Debt-to-EBITDA Related Terms
Zhejiang Heda Technology Co Debt-to-EBITDA Historical Data
* 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.
SHSE:688296 vs AWK, WTRG, AWR: Debt-to-EBITDA Comparison
For the Utilities - Regulated Water subindustry, Zhejiang Heda Technology 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.
Zhejiang Heda Technology Co Debt-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Zhejiang Heda Technology Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Zhejiang Heda Technology Co's Debt-to-EBITDA falls into.
* 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. 2026) EBITDA data.
Zhejiang Heda Technology Co (SHSE:688296) has a Debt-to-EBITDA of -1.76 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Zhejiang Heda Technology Co. According to the industry distribution chart, Zhejiang Heda Technology Co ranks #999999 out of 451 companies in the Utilities - Regulated industry.
Is Zhejiang Heda Technology Co's Debt-to-EBITDA too high?
Zhejiang Heda Technology Co's current Debt-to-EBITDA is -1.76. Based on the distribution chart, Zhejiang Heda Technology Co ranks #999999 out of 451 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Heda Technology Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Heda Technology Co's Debt-to-EBITDA compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Zhejiang Heda Technology Co ranks #999999 out of 451 companies for Debt-to-EBITDA. This places Zhejiang Heda Technology Co in the lower half of its industry. The industry median Debt-to-EBITDA is 4.05. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 4.05, based on 451 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Zhejiang Heda Technology Co. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Heda Technology Co's current Debt-to-EBITDA is -1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Heda Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Heda Technology Co (SHSE:688296) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥11.01, compared to a current price of ¥24.39 — trading 121.5% above its estimated fair value. The current Debt-to-EBITDA is -1.76. Zhejiang Heda Technology Co's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Zhejiang Heda Technology Co (SHSE:688296), the current Debt-to-EBITDA is -1.76 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Zhejiang Heda Technology Co (SHSE:688296) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Heda Technology Co stock appears to be overvalued.
The current stock price of ¥24.39 is trading 121.5% above its estimated GF Value™ of ¥11.01.
GuruFocus considers Zhejiang Heda Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:688296:
Debt-to-EBITDA: -1.76
GF Value™: ¥11.01 vs. price of ¥24.39 (121.5% above fair value)
No single metric tells the full story. See the SHSE:688296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Address36 Changsheng South Road, Building 18, Jiaxing Smart Industrial Innovation Park, Economic and Technological Development Zone, Zhejiang Province, Jiaxing, CHN, 314006
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