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Guangxi Rural Investment Sugar Industry Group Co (SZSE:000911) Debt-to-EBITDA : 19.28 (As of Jun. 2024)


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What is Guangxi Rural Investment Sugar Industry Group Co Debt-to-EBITDA?

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

Guangxi Rural Investment Sugar Industry Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥2,866 Mil. Guangxi Rural Investment Sugar Industry Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥284 Mil. Guangxi Rural Investment Sugar Industry Group Co's annualized EBITDA for the quarter that ended in Jun. 2024 was ¥163 Mil. Guangxi Rural Investment Sugar Industry Group Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 19.28.

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 Guangxi Rural Investment Sugar Industry Group Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:000911' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.18   Med: 9.58   Max: 99.11
Current: 19.8

During the past 13 years, the highest Debt-to-EBITDA Ratio of Guangxi Rural Investment Sugar Industry Group Co was 99.11. The lowest was -5.18. And the median was 9.58.

SZSE:000911's Debt-to-EBITDA is ranked worse than
95.58% of 1494 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs SZSE:000911: 19.80

Guangxi Rural Investment Sugar Industry Group Co Debt-to-EBITDA Historical Data

The historical data trend for Guangxi Rural Investment Sugar Industry Group 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.

Guangxi Rural Investment Sugar Industry Group Co Debt-to-EBITDA Chart

Guangxi Rural Investment Sugar Industry Group 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 7.26 10.22 8.95 28.74 10.70

Guangxi Rural Investment Sugar Industry Group 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 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 17.61 30.46 22.75 20.83 19.28

Competitive Comparison of Guangxi Rural Investment Sugar Industry Group Co's Debt-to-EBITDA

For the Confectioners subindustry, Guangxi Rural Investment Sugar Industry Group 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.


Guangxi Rural Investment Sugar Industry Group Co's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Guangxi Rural Investment Sugar Industry Group Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Guangxi Rural Investment Sugar Industry Group Co's Debt-to-EBITDA falls into.



Guangxi Rural Investment Sugar Industry Group Co Debt-to-EBITDA Calculation

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

Guangxi Rural Investment Sugar Industry Group 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
=(3510.391 + 229.099) / 349.432
=10.70

Guangxi Rural Investment Sugar Industry Group 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
=(2865.988 + 283.605) / 163.392
=19.28

* 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.


Guangxi Rural Investment Sugar Industry Group Co  (SZSE:000911) 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.


Guangxi Rural Investment Sugar Industry Group Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Guangxi Rural Investment Sugar Industry Group Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangxi Rural Investment Sugar Industry Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 30, Xiangzhu Avenue, Qingxiu District, Guangxi Zhuang Autonomous Region, Nanning, CHN, 530023
Guangxi Rural Investment Sugar Industry Group Co Ltd is a China-based company mainly engaged in the production and sales of mechanism sugar and mechanism paper. Its products include Mingyang brand white sugar, Yunou brand white sugar, and Damingshan brand white granulated sugar.
Executives
Liang Ge Fu Independent director
Hu Chao Yong Executives
Wang Guo Liang Director
Lu Tian Mei Director
Du Da Qiang Supervisors
Wei Yong Shang Executives

Guangxi Rural Investment Sugar Industry Group Co Headlines

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