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Xiamen Xinde Co (SZSE:000701) Debt-to-EBITDA : 24.20 (As of Mar. 2024)


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What is Xiamen Xinde Co Debt-to-EBITDA?

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

Xiamen Xinde Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥8,332 Mil. Xiamen Xinde Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,078 Mil. Xiamen Xinde Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥471 Mil. Xiamen Xinde Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 24.20.

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

SZSE:000701' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2451.43   Med: 4.73   Max: 9.81
Current: -36.7

During the past 13 years, the highest Debt-to-EBITDA Ratio of Xiamen Xinde Co was 9.81. The lowest was -2451.43. And the median was 4.73.

SZSE:000701's Debt-to-EBITDA is ranked worse than
100% of 1736 companies
in the Hardware industry
Industry Median: 1.8 vs SZSE:000701: -36.70

Xiamen Xinde Co Debt-to-EBITDA Historical Data

The historical data trend for Xiamen Xinde 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.

Xiamen Xinde Co Debt-to-EBITDA Chart

Xiamen Xinde 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 -5.65 9.81 6.39 6.84 -2,451.43

Xiamen Xinde 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 24.39 15.67 -13.52 -3.53 24.20

Competitive Comparison of Xiamen Xinde Co's Debt-to-EBITDA

For the Electronic Components subindustry, Xiamen Xinde 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.


Xiamen Xinde Co's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Xiamen Xinde Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Xiamen Xinde Co's Debt-to-EBITDA falls into.



Xiamen Xinde Co Debt-to-EBITDA Calculation

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

Xiamen Xinde 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
=(2731.886 + 2761.771) / -2.241
=-2,451.43

Xiamen Xinde 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
=(8332.18 + 3077.925) / 471.452
=24.20

* 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.


Xiamen Xinde Co  (SZSE:000701) 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.


Xiamen Xinde Co Debt-to-EBITDA Related Terms

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


Xiamen Xinde Co (SZSE:000701) Business Description

Traded in Other Exchanges
N/A
Address
Xinhong Building, 2F, Huli District, Xiamen, Fujian, CHN, 361006
Xiamen Xinde Co Ltd focuses on the Electronic Information industry and has built the industry framework with several pillar businesses covering Ultra-high Brightness LED Packaging, application development, and production, electronic labels, as well as development and production of security products.
Executives
Huang Jun Feng Executives
Fu Ben Sheng Directors, executives
Wang Ming Cheng Directors, executives
Chen Ge Executives
Ceng Ting Yi Director
Jiang Feng Executives
Chen Hong Secretary, Director
Wang Xiao Shun Supervisors
Hong Shuang Hua Supervisors
Du Shao Hua Directors, executives
Fan Dan Executives
Zhou Kun Shan Director
Tong Jin Zhi Director
Wang Mei Ling Supervisors, within half a year of separation
Huang Li Hong Directors, executives

Xiamen Xinde Co (SZSE:000701) Headlines

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