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FAWER Automotive Parts Co (SZSE:000030) Debt-to-EBITDA : 1.22 (As of Mar. 2024)


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What is FAWER Automotive Parts Co Debt-to-EBITDA?

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

FAWER Automotive Parts Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥599 Mil. FAWER Automotive Parts Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥444 Mil. FAWER Automotive Parts Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥857 Mil. FAWER Automotive Parts Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.22.

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 FAWER Automotive Parts Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:000030' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.12   Med: 0.34   Max: 1.17
Current: 1.17

During the past 13 years, the highest Debt-to-EBITDA Ratio of FAWER Automotive Parts Co was 1.17. The lowest was 0.12. And the median was 0.34.

SZSE:000030's Debt-to-EBITDA is ranked better than
68.63% of 1055 companies
in the Vehicles & Parts industry
Industry Median: 2.32 vs SZSE:000030: 1.17

FAWER Automotive Parts Co Debt-to-EBITDA Historical Data

The historical data trend for FAWER Automotive Parts 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.

FAWER Automotive Parts Co Debt-to-EBITDA Chart

FAWER Automotive Parts Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.30 0.39 1.07 0.92

FAWER Automotive Parts Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.41 1.37 1.48 0.89 1.22

Competitive Comparison of FAWER Automotive Parts Co's Debt-to-EBITDA

For the Auto Parts subindustry, FAWER Automotive Parts 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.


FAWER Automotive Parts Co's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, FAWER Automotive Parts Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where FAWER Automotive Parts Co's Debt-to-EBITDA falls into.



FAWER Automotive Parts Co Debt-to-EBITDA Calculation

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

FAWER Automotive Parts 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
=(653.8 + 451.757) / 1201.279
=0.92

FAWER Automotive Parts 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
=(598.702 + 443.814) / 856.988
=1.22

* 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 (Mar. 2024) EBITDA data.


FAWER Automotive Parts Co  (SZSE:000030) 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.


FAWER Automotive Parts Co Debt-to-EBITDA Related Terms

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


FAWER Automotive Parts Co (SZSE:000030) Business Description

Traded in Other Exchanges
Address
777 Dongfeng South Street, Xixin Economic Development Zone, Jilin Province, Changchun City, CHN, 130033
FAWER Automotive Parts Ltd Co is engaged in manufacturing automotive parts and components of environment control systems, chassis systems, steering and transmission systems, safety systems, engine accessory systems.
Executives
Wang Xiao Ping Directors, executives
Gan Xian Guo Directors, executives
Yang Yi Ping Executives
Du Xin Yue Executives
Zu Xue Zhong Executives
Ye Fan Directors, executives
Ban Wu Director
Niu Su Yan Supervisors
Gong Yi Heng Supervisors

FAWER Automotive Parts Co (SZSE:000030) Headlines

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