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Shanghai New Vision Microelectronics Co (SHSE:688593) Debt-to-EBITDA : 1.52 (As of Sep. 2024)


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What is Shanghai New Vision Microelectronics Co Debt-to-EBITDA?

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

Shanghai New Vision Microelectronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥38.2 Mil. Shanghai New Vision Microelectronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥1.7 Mil. Shanghai New Vision Microelectronics Co's annualized EBITDA for the quarter that ended in Sep. 2024 was ¥26.2 Mil. Shanghai New Vision Microelectronics Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 1.52.

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 Shanghai New Vision Microelectronics Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:688593' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.15   Med: 0.18   Max: 2.42
Current: -4.15

During the past 5 years, the highest Debt-to-EBITDA Ratio of Shanghai New Vision Microelectronics Co was 2.42. The lowest was -4.15. And the median was 0.18.

SHSE:688593's Debt-to-EBITDA is ranked worse than
100% of 1712 companies
in the Hardware industry
Industry Median: 1.755 vs SHSE:688593: -4.15

Shanghai New Vision Microelectronics Co Debt-to-EBITDA Historical Data

The historical data trend for Shanghai New Vision Microelectronics 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.

Shanghai New Vision Microelectronics Co Debt-to-EBITDA Chart

Shanghai New Vision Microelectronics Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
-1.43 1.19 0.03 0.18 2.42

Shanghai New Vision Microelectronics Co Quarterly Data
Dec19 Dec20 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 -1.38 -2.22 -0.35 2.73 1.52

Competitive Comparison of Shanghai New Vision Microelectronics Co's Debt-to-EBITDA

For the Electronic Components subindustry, Shanghai New Vision Microelectronics 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.


Shanghai New Vision Microelectronics Co's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shanghai New Vision Microelectronics Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Shanghai New Vision Microelectronics Co's Debt-to-EBITDA falls into.


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Shanghai New Vision Microelectronics Co Debt-to-EBITDA Calculation

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

Shanghai New Vision Microelectronics 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
=(68.592 + 1.588) / 28.994
=2.42

Shanghai New Vision Microelectronics 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
=(38.229 + 1.703) / 26.2
=1.52

* 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.


Shanghai New Vision Microelectronics Co  (SHSE:688593) 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.


Shanghai New Vision Microelectronics Co Debt-to-EBITDA Related Terms

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


Shanghai New Vision Microelectronics Co Business Description

Traded in Other Exchanges
N/A
Address
No. 680, Guiping Road, 7th Floor, Building 31, Xuhui District, Shanghai, CHN, 200233
Shanghai New Vision Microelectronics Co Ltd is engaged in research & Development, design and sales of display chips. The company is committed to providing new display IC products and system solutions. It has formed nearly a hundred new display IC and power supply IC products covering smart wearables, mobile phones, tablets, monitors, notebooks, TVs, Etc., and has long committed to TFT-LCD, AMOLED display driver chips, and power management chips.

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