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Sichuan Hexie Shuangma Co (SZSE:000935) Debt-to-EBITDA : 1.42 (As of Mar. 2024)


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What is Sichuan Hexie Shuangma Co Debt-to-EBITDA?

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

Sichuan Hexie Shuangma Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥15 Mil. Sichuan Hexie Shuangma Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥5 Mil. Sichuan Hexie Shuangma Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥14 Mil. Sichuan Hexie Shuangma Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.42.

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 Sichuan Hexie Shuangma Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:000935' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02   Med: 0.21   Max: 5.82
Current: 0.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sichuan Hexie Shuangma Co was 5.82. The lowest was 0.02. And the median was 0.21.

SZSE:000935's Debt-to-EBITDA is ranked better than
97.47% of 356 companies
in the Asset Management industry
Industry Median: 1.34 vs SZSE:000935: 0.02

Sichuan Hexie Shuangma Co Debt-to-EBITDA Historical Data

The historical data trend for Sichuan Hexie Shuangma 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.

Sichuan Hexie Shuangma Co Debt-to-EBITDA Chart

Sichuan Hexie Shuangma 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 - 0.05 0.04 0.06 0.02

Sichuan Hexie Shuangma 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 0.06 0.05 0.06 0.02 1.42

Competitive Comparison of Sichuan Hexie Shuangma Co's Debt-to-EBITDA

For the Asset Management subindustry, Sichuan Hexie Shuangma 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.


Sichuan Hexie Shuangma Co's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sichuan Hexie Shuangma Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sichuan Hexie Shuangma Co's Debt-to-EBITDA falls into.



Sichuan Hexie Shuangma Co Debt-to-EBITDA Calculation

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

Sichuan Hexie Shuangma 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
=(15.778 + 5.444) / 1207.519
=0.02

Sichuan Hexie Shuangma 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
=(14.55 + 4.806) / 13.652
=1.42

* 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.


Sichuan Hexie Shuangma Co  (SZSE:000935) 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.


Sichuan Hexie Shuangma Co Debt-to-EBITDA Related Terms

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


Sichuan Hexie Shuangma Co (SZSE:000935) Business Description

Traded in Other Exchanges
N/A
Address
Erlangmiao Town, Sichuan Province, Jiangyou, CHN, 610000
Sichuan Hexie Shuangma Co Ltd is engaged in industrial investment and equity investment fund management. The company mainly manages assets including building materials manufacturing enterprises and equity investment fund management companies. Its building materials manufacturing enterprise business includes the production and sales of cement products and construction aggregates.
Executives
Feng Tao Executives
Xie Jin Hua Supervisors
Wang Qiao Director
Li Feng Li Supervisors
Zhang Yan Xue Director

Sichuan Hexie Shuangma Co (SZSE:000935) Headlines

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