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Anhui Tongyuan Environment Energyving Co (SHSE:688679) Debt-to-EBITDA : 12.98 (As of Sep. 2024)


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What is Anhui Tongyuan Environment Energyving Co Debt-to-EBITDA?

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

Anhui Tongyuan Environment Energyving Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥195 Mil. Anhui Tongyuan Environment Energyving Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥169 Mil. Anhui Tongyuan Environment Energyving Co's annualized EBITDA for the quarter that ended in Sep. 2024 was ¥28 Mil. Anhui Tongyuan Environment Energyving Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 12.98.

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 Anhui Tongyuan Environment Energyving Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:688679' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.38   Med: 2.14   Max: 20.02
Current: 20.02

During the past 10 years, the highest Debt-to-EBITDA Ratio of Anhui Tongyuan Environment Energyving Co was 20.02. The lowest was 1.38. And the median was 2.14.

SHSE:688679's Debt-to-EBITDA is ranked worse than
95.74% of 2275 companies
in the Industrial Products industry
Industry Median: 1.7 vs SHSE:688679: 20.02

Anhui Tongyuan Environment Energyving Co Debt-to-EBITDA Historical Data

The historical data trend for Anhui Tongyuan Environment Energyving 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.

Anhui Tongyuan Environment Energyving Co Debt-to-EBITDA Chart

Anhui Tongyuan Environment Energyving Co Annual Data
Trend Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 1.52 1.53 2.46 3.36

Anhui Tongyuan Environment Energyving 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 5.01 -112.68 -56.53 6.12 12.98

Competitive Comparison of Anhui Tongyuan Environment Energyving Co's Debt-to-EBITDA

For the Pollution & Treatment Controls subindustry, Anhui Tongyuan Environment Energyving 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.


Anhui Tongyuan Environment Energyving Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Anhui Tongyuan Environment Energyving Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Anhui Tongyuan Environment Energyving Co's Debt-to-EBITDA falls into.



Anhui Tongyuan Environment Energyving Co Debt-to-EBITDA Calculation

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

Anhui Tongyuan Environment Energyving 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
=(47.137 + 169.663) / 64.495
=3.36

Anhui Tongyuan Environment Energyving 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
=(194.867 + 168.542) / 27.992
=12.98

* 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.


Anhui Tongyuan Environment Energyving Co  (SHSE:688679) 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.


Anhui Tongyuan Environment Energyving Co Debt-to-EBITDA Related Terms

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Anhui Tongyuan Environment Energyving Co Business Description

Traded in Other Exchanges
N/A
Address
No.856, Jinzhai South Road, Baohe District, Anhui Province, Hefei City, CHN, 230031
Anhui Tongyuan Environment Energy Saving Co Ltd is involved in the solid waste pollution barrier restoration, solid waste treatment and disposal, and water environment restoration activities.

Anhui Tongyuan Environment Energyving Co Headlines

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