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Luoyang North Glass Technology Co (SZSE:002613) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Luoyang North Glass Technology Co Debt-to-EBITDA?

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

Luoyang North Glass Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. Luoyang North Glass Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. Luoyang North Glass Technology Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥196 Mil. Luoyang North Glass Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.00.

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 Luoyang North Glass Technology 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 Luoyang North Glass Technology Co was 0.16. The lowest was 0.00. And the median was 0.07.

SZSE:002613's Debt-to-EBITDA is not ranked *
in the Industrial Products industry.
Industry Median: 1.72
* Ranked among companies with meaningful Debt-to-EBITDA only.

Luoyang North Glass Technology Co Debt-to-EBITDA Historical Data

The historical data trend for Luoyang North Glass Technology 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.

Luoyang North Glass Technology Co Debt-to-EBITDA Chart

Luoyang North Glass Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Luoyang North Glass Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Luoyang North Glass Technology Co's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Luoyang North Glass Technology 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.


Luoyang North Glass Technology Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Luoyang North Glass Technology Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Luoyang North Glass Technology Co's Debt-to-EBITDA falls into.



Luoyang North Glass Technology Co Debt-to-EBITDA Calculation

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

Luoyang North Glass Technology 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
=(0 + 0) / 163.968
=0.00

Luoyang North Glass Technology 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
=(0 + 0) / 196.476
=0.00

* 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.


Luoyang North Glass Technology Co  (SZSE:002613) 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.


Luoyang North Glass Technology Co Debt-to-EBITDA Related Terms

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


Luoyang North Glass Technology Co (SZSE:002613) Business Description

Traded in Other Exchanges
N/A
Address
20 Binhe Road, High-tech Development Zone, Henan, Luoyang, CHN, 471003
Luoyang North Glass Technology Co Ltd is engaged in the research and development, and design of glass deep processing equipment and glass deep processing products. The products of the company include tempering furnace, coating production line, vertical edging machine, film system, glass screen printing line, and automated connection system.
Executives
Gao Xue Ming Director
Shi Yu An Supervisors
Yang Yuan Xi Executives
Gao Qi Executives
Wang Ji Feng Supervisors
Gao Xue Lin Director
Meng Xian Hui Supervisors
Gao Li Directors, executives
Han Jun Feng Supervisors
Xia Bing Executives
Shi Yan Supervisors
Lei Min Executives
Zhao Luo Ru Executives

Luoyang North Glass Technology Co (SZSE:002613) Headlines

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