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Debt-to-EBITDA measures a company's ability to pay off its debt.
Guangdong Zhongnan Iron & Steel Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥691 Mil. Guangdong Zhongnan Iron & Steel Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥2,303 Mil. Guangdong Zhongnan Iron & Steel Co's annualized EBITDA for the quarter that ended in Jun. 2024 was ¥-640 Mil. Guangdong Zhongnan Iron & Steel Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -4.68.
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
The historical rank and industry rank for Guangdong Zhongnan Iron & Steel Co's Debt-to-EBITDA or its related term are showing as below:
During the past 13 years, the highest Debt-to-EBITDA Ratio of Guangdong Zhongnan Iron & Steel Co was 25.49. The lowest was -11.20. And the median was 0.94.
The historical data trend for Guangdong Zhongnan Iron & Steel 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.
Guangdong Zhongnan Iron & Steel Co Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Debt-to-EBITDA | Get a 7-Day Free Trial | 1.02 | 0.63 | 0.85 | -11.20 | 1.98 |
Guangdong Zhongnan Iron & Steel Co Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Debt-to-EBITDA | Get a 7-Day Free Trial | 41.68 | -8.22 | 4.97 | -2.30 | -4.68 |
For the Steel subindustry, Guangdong Zhongnan Iron & Steel 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.
For the Steel industry and Basic Materials sector, Guangdong Zhongnan Iron & Steel Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Guangdong Zhongnan Iron & Steel Co's Debt-to-EBITDA falls into.
Debt-to-EBITDA measures a company's ability to pay off its debt.
Guangdong Zhongnan Iron & Steel 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 | |
= | (603.287 | + | 2134.655) | / | 1384.51 | |
= | 1.98 |
Guangdong Zhongnan Iron & Steel Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as
Debt-to-EBITDA | = | Total Debt | / | EBITDA | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | EBITDA | |
= | (691.448 | + | 2303.296) | / | -639.616 | |
= | -4.68 |
* 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 (Jun. 2024) EBITDA data.
Guangdong Zhongnan Iron & Steel Co (SZSE:000717) 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
Thank you for viewing the detailed overview of Guangdong Zhongnan Iron & Steel Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Cai Jian Qun | Supervisors | |
Deng Yong | Supervisors | |
Wu Jian Ping | Executives | |
Shou Yao Ming | Executives | |
He Ping Chang | Supervisors | |
He Shi Qiang | Director | |
Lu Xue Yun | Director | |
Wang San Wu | Directors, executives | |
Chen Jian Ju | Supervisors |
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