Shenzhen SEICHI Technologies Co (SHSE:688627) Debt-to-EBITDA : -0.15 (As of Mar. 2024)

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What is Shenzhen SEICHI Technologies Co Debt-to-EBITDA?

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

Shenzhen SEICHI Technologies Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3.8 Mil. Shenzhen SEICHI Technologies Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4.8 Mil. Shenzhen SEICHI Technologies Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥-56.6 Mil. Shenzhen SEICHI Technologies Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.15.

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 Shenzhen SEICHI Technologies Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:688627' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.07 Med: 0.23 Max: 12.36
Current: 0.07

During the past 7 years, the highest Debt-to-EBITDA Ratio of Shenzhen SEICHI Technologies Co was 12.36. The lowest was 0.07. And the median was 0.23.

SHSE:688627's Debt-to-EBITDA is ranked better than
92.42% of 2295 companies
in the Industrial Products industry
Industry Median: 1.72 vs SHSE:688627: 0.07

Shenzhen SEICHI Technologies Co Debt-to-EBITDA Historical Data

The historical data trend for Shenzhen SEICHI Technologies 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.

Shenzhen SEICHI Technologies Co Debt-to-EBITDA Chart

Shenzhen SEICHI Technologies Co Annual Data

Trend

Dec13

Dec14

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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12.36

0.72

0.23

0.11

0.07

Shenzhen SEICHI Technologies Co Quarterly Data
	Dec13	Dec14	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial										-0.34	0.05	0.22	0.03	-0.15

Competitive Comparison of Shenzhen SEICHI Technologies Co's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Shenzhen SEICHI Technologies 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.

Shenzhen SEICHI Technologies Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen SEICHI Technologies Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Shenzhen SEICHI Technologies Co's Debt-to-EBITDA falls into.

Shenzhen SEICHI Technologies Co Debt-to-EBITDA Calculation

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

Shenzhen SEICHI Technologies 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
	=	(4.683	+	5.45)	/	141.504
	=	0.07

Shenzhen SEICHI Technologies 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
	=	(3.837	+	4.751)	/	-56.56
	=	-0.15

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.

Shenzhen SEICHI Technologies Co (SHSE:688627) 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.

Shenzhen SEICHI Technologies Co Debt-to-EBITDA Related Terms

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

Shenzhen SEICHI Technologies Co (SHSE:688627) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen SEICHI Technologies Co Ltd (SHSE:688627) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Longhua Street, East of 1st Floor, Building D, 101 Industrial Park, No. 1 Fuanna Company, Qinghu Village, Longhua, Qinghu, Guangdong, Shenzhen, CHN, 518110

Website

http://www.seichitech.com

Shenzhen SEICHI Technologies Co Ltd is a provider of testing equipment and system solution. It is mainly engaged in research, development, production and sales of new display device testing equipment. Detection and calibration repair, and gradually extended to the field of semiconductor storage device testing equipment, related products are used in wafer testing, packaging testing and aging repair of semiconductor storage devices represented by DRAM.

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