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Pan Asian Microvent Tech (Jiangsu) (SHSE:688386) Debt-to-EBITDA : 1.29 (As of Sep. 2024)


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What is Pan Asian Microvent Tech (Jiangsu) Debt-to-EBITDA?

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

Pan Asian Microvent Tech (Jiangsu)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥59.1 Mil. Pan Asian Microvent Tech (Jiangsu)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥96.3 Mil. Pan Asian Microvent Tech (Jiangsu)'s annualized EBITDA for the quarter that ended in Sep. 2024 was ¥120.0 Mil. Pan Asian Microvent Tech (Jiangsu)'s annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 1.29.

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 Pan Asian Microvent Tech (Jiangsu)'s Debt-to-EBITDA or its related term are showing as below:

SHSE:688386' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.92   Max: 1.78
Current: 1.3

During the past 7 years, the highest Debt-to-EBITDA Ratio of Pan Asian Microvent Tech (Jiangsu) was 1.78. The lowest was 0.01. And the median was 0.92.

SHSE:688386's Debt-to-EBITDA is ranked better than
65.44% of 1192 companies
in the Chemicals industry
Industry Median: 2.37 vs SHSE:688386: 1.30

Pan Asian Microvent Tech (Jiangsu) Debt-to-EBITDA Historical Data

The historical data trend for Pan Asian Microvent Tech (Jiangsu)'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.

Pan Asian Microvent Tech (Jiangsu) Debt-to-EBITDA Chart

Pan Asian Microvent Tech (Jiangsu) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.92 0.01 1.34 1.78 0.80

Pan Asian Microvent Tech (Jiangsu) 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 1.32 0.89 1.27 1.01 1.29

Competitive Comparison of Pan Asian Microvent Tech (Jiangsu)'s Debt-to-EBITDA

For the Specialty Chemicals subindustry, Pan Asian Microvent Tech (Jiangsu)'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.


Pan Asian Microvent Tech (Jiangsu)'s Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Pan Asian Microvent Tech (Jiangsu)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Pan Asian Microvent Tech (Jiangsu)'s Debt-to-EBITDA falls into.



Pan Asian Microvent Tech (Jiangsu) Debt-to-EBITDA Calculation

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

Pan Asian Microvent Tech (Jiangsu)'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
=(44.102 + 69.901) / 143.335
=0.80

Pan Asian Microvent Tech (Jiangsu)'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
=(59.054 + 96.285) / 120.012
=1.29

* 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.


Pan Asian Microvent Tech (Jiangsu)  (SHSE:688386) 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.


Pan Asian Microvent Tech (Jiangsu) Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Pan Asian Microvent Tech (Jiangsu)'s Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Pan Asian Microvent Tech (Jiangsu) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Qiancao Road, Lijia Town and Banshang Village, Lijia Town, Wujin District, Jiangsu Province, Changzhou, CHN, 213000
Pan Asian Microvent Tech (Jiangsu) Corp is engaged in research and development, production and sales of microporous materials such as ePTFE membranes and their modified derivatives, seals, and water-retaining membranes. Its high polymer microvent materials and devices are widely used in many areas, such as automotive industries, packing industries and other protective air ventilation fields.

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