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ShenZhen Longtu Photomask Co (SHSE:688721) Debt-to-EBITDA : 0.03 (As of Sep. 2024)


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What is ShenZhen Longtu Photomask Co Debt-to-EBITDA?

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

ShenZhen Longtu Photomask Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥1.2 Mil. ShenZhen Longtu Photomask Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥2.1 Mil. ShenZhen Longtu Photomask Co's annualized EBITDA for the quarter that ended in Sep. 2024 was ¥98.4 Mil. ShenZhen Longtu Photomask Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.03.

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 Longtu Photomask Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:688721' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.16   Max: 0.32
Current: 0.03

During the past 4 years, the highest Debt-to-EBITDA Ratio of ShenZhen Longtu Photomask Co was 0.32. The lowest was 0.03. And the median was 0.16.

SHSE:688721's Debt-to-EBITDA is ranked better than
94.66% of 712 companies
in the Semiconductors industry
Industry Median: 1.455 vs SHSE:688721: 0.03

ShenZhen Longtu Photomask Co Debt-to-EBITDA Historical Data

The historical data trend for ShenZhen Longtu Photomask 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 Longtu Photomask Co Debt-to-EBITDA Chart

ShenZhen Longtu Photomask Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
0.27 0.32 0.05 0.03

ShenZhen Longtu Photomask Co Quarterly Data
Dec20 Dec21 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 - 0.04 0.03 0.49 0.03

Competitive Comparison of ShenZhen Longtu Photomask Co's Debt-to-EBITDA

For the Semiconductor Equipment & Materials subindustry, ShenZhen Longtu Photomask 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 Longtu Photomask Co's Debt-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ShenZhen Longtu Photomask Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where ShenZhen Longtu Photomask Co's Debt-to-EBITDA falls into.



ShenZhen Longtu Photomask Co Debt-to-EBITDA Calculation

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

ShenZhen Longtu Photomask 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
=(0.819 + 2.783) / 110.044
=0.03

ShenZhen Longtu Photomask 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
=(1.23 + 2.142) / 98.432
=0.03

* 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.


ShenZhen Longtu Photomask Co  (SHSE:688721) 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 Longtu Photomask Co Debt-to-EBITDA Related Terms

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


ShenZhen Longtu Photomask Co Business Description

Traded in Other Exchanges
N/A
Address
North of Xinyu Road, Xinqiao Street, Room 101, Building 4, St. George Technology Industrial Park, Xiangshan Community, Bao'an District, Guangdong, Shenzhen, CHN, 518125
ShenZhen Longtu Photomask Co Ltd is engaged in research and development, production and sales of semiconductor masks. Its products include Quartz Mask and Soda Mask.

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