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Guangdong Tecsun Science & Technology Co (SZSE:002908) Debt-to-EBITDA : -0.97 (As of Sep. 2024)


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What is Guangdong Tecsun Science & Technology Co Debt-to-EBITDA?

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

Guangdong Tecsun Science & Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥6.4 Mil. Guangdong Tecsun Science & Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥8.7 Mil. Guangdong Tecsun Science & Technology Co's annualized EBITDA for the quarter that ended in Sep. 2024 was ¥-15.6 Mil. Guangdong Tecsun Science & Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -0.97.

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 Guangdong Tecsun Science & Technology Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:002908' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.05   Med: 0.36   Max: 0.85
Current: 0.35

During the past 11 years, the highest Debt-to-EBITDA Ratio of Guangdong Tecsun Science & Technology Co was 0.85. The lowest was 0.05. And the median was 0.36.

SZSE:002908's Debt-to-EBITDA is ranked better than
72.27% of 1648 companies
in the Software industry
Industry Median: 1.075 vs SZSE:002908: 0.35

Guangdong Tecsun Science & Technology Co Debt-to-EBITDA Historical Data

The historical data trend for Guangdong Tecsun Science & 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.

Guangdong Tecsun Science & Technology Co Debt-to-EBITDA Chart

Guangdong Tecsun Science & Technology 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 - 0.81 0.85 0.05 0.24

Guangdong Tecsun Science & Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.66 0.22 0.45 0.37 -0.97

Competitive Comparison of Guangdong Tecsun Science & Technology Co's Debt-to-EBITDA

For the Software - Application subindustry, Guangdong Tecsun Science & 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.


Guangdong Tecsun Science & Technology Co's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Guangdong Tecsun Science & Technology Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Guangdong Tecsun Science & Technology Co's Debt-to-EBITDA falls into.



Guangdong Tecsun Science & Technology Co Debt-to-EBITDA Calculation

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

Guangdong Tecsun Science & 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
=(21.19 + 4.707) / 109.125
=0.24

Guangdong Tecsun Science & Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6.418 + 8.715) / -15.604
=-0.97

* 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 (Sep. 2024) EBITDA data.


Guangdong Tecsun Science & Technology Co  (SZSE:002908) 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.


Guangdong Tecsun Science & Technology Co Debt-to-EBITDA Related Terms

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


Guangdong Tecsun Science & Technology Co Business Description

Traded in Other Exchanges
N/A
Address
15 Ruan Jian Lu, 2nd Floor, Room 201, Tianhe Qu, Guangdong Sheng, Guangzhou, CHN, 510663
Guangdong Tecsun Science & Technology Co Ltd is a China-based company engages in the production and sale of social security cards and related service. The company's main products include financial social security cards and service terminal products. The company provides its products and services for the human resources and social security departments, social security card users and third-party institutions.
Executives
Guo Xiao Bin Directors, executives
Zhang Ying Supervisors
Ling Lin Executives
Chen Qu Directors, executives
Gao Min Directors, executives
Gu Ke Directors, executives
Zhu Hui Dong Directors, executives
Xi Xiao Jian Supervisors
He Zhi Gang Executives
Liu Jun Feng Director
Li Zhu Director

Guangdong Tecsun Science & Technology Co Headlines

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