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Sinotrans Shipping (Sinotrans Shipping) Debt-to-EBITDA : 0.40 (As of Jun. 2018)


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What is Sinotrans Shipping Debt-to-EBITDA?

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

Sinotrans Shipping's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $8.28 Mil. Sinotrans Shipping's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $50.89 Mil. Sinotrans Shipping's annualized EBITDA for the quarter that ended in Jun. 2018 was $148.16 Mil. Sinotrans Shipping's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2018 was 0.40.

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 Sinotrans Shipping's Debt-to-EBITDA or its related term are showing as below:

SSLYY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -15.49   Med: 0.44   Max: 1.39
Current: 0.42

During the past 12 years, the highest Debt-to-EBITDA Ratio of Sinotrans Shipping was 1.39. The lowest was -15.49. And the median was 0.44.

SSLYY's Debt-to-EBITDA is not ranked
in the Transportation industry.
Industry Median: 2.815 vs SSLYY: 0.42

Sinotrans Shipping Debt-to-EBITDA Historical Data

The historical data trend for Sinotrans Shipping'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.

Sinotrans Shipping Debt-to-EBITDA Chart

Sinotrans Shipping Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 1.39 -15.49 -0.41 0.60

Sinotrans Shipping Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 -3.51 -0.22 0.88 0.47 0.40

Competitive Comparison of Sinotrans Shipping's Debt-to-EBITDA

For the Marine Shipping subindustry, Sinotrans Shipping'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.


Sinotrans Shipping's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sinotrans Shipping's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sinotrans Shipping's Debt-to-EBITDA falls into.



Sinotrans Shipping Debt-to-EBITDA Calculation

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

Sinotrans Shipping's Debt-to-EBITDA for the fiscal year that ended in Dec. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.218 + 54.936) / 104.968
=0.60

Sinotrans Shipping's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.281 + 50.888) / 148.164
=0.40

* 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 two times the quarterly (Jun. 2018) EBITDA data.


Sinotrans Shipping  (GREY:SSLYY) 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.


Sinotrans Shipping Debt-to-EBITDA Related Terms

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


Sinotrans Shipping (Sinotrans Shipping) Business Description

Traded in Other Exchanges
N/A
Address
Sinotrans Shipping is a transportation and logistics company, domiciled in Hong Kong. The company organises itself into three segments: container shipping, dry bulk shipping, and others. Container shipping, which contributes the majority of revenue, transports shipping containers and provides freight forwarding services. Dry bulk shipping, the next most significant segment, transports ocean freight and includes charter hire income. The others segment includes ship management and the liquefied natural gas business. The company derives the majority of revenue from Asia.

Sinotrans Shipping (Sinotrans Shipping) Headlines

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