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Maxvision Technology (SZSE:002990) Debt-to-EBITDA : 0.16 (As of Mar. 2024)


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What is Maxvision Technology Debt-to-EBITDA?

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

Maxvision Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥14 Mil. Maxvision Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥25 Mil. Maxvision Technology's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥239 Mil. Maxvision Technology's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.16.

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 Maxvision Technology's Debt-to-EBITDA or its related term are showing as below:

SZSE:002990' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.04   Med: 0.13   Max: 0.45
Current: 0.2

During the past 8 years, the highest Debt-to-EBITDA Ratio of Maxvision Technology was 0.45. The lowest was 0.04. And the median was 0.13.

SZSE:002990's Debt-to-EBITDA is ranked better than
79.95% of 1611 companies
in the Software industry
Industry Median: 1.06 vs SZSE:002990: 0.20

Maxvision Technology Debt-to-EBITDA Historical Data

The historical data trend for Maxvision Technology'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.

Maxvision Technology Debt-to-EBITDA Chart

Maxvision Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.25 0.07 0.28 0.45 0.17

Maxvision Technology 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 0.13 0.19 0.22 0.35 0.16

Competitive Comparison of Maxvision Technology's Debt-to-EBITDA

For the Software - Infrastructure subindustry, Maxvision Technology'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.


Maxvision Technology's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Maxvision Technology's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Maxvision Technology's Debt-to-EBITDA falls into.



Maxvision Technology Debt-to-EBITDA Calculation

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

Maxvision Technology'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
=(13.012 + 28.309) / 240.947
=0.17

Maxvision Technology'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
=(14.067 + 24.817) / 239.376
=0.16

* 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.


Maxvision Technology  (SZSE:002990) 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.


Maxvision Technology Debt-to-EBITDA Related Terms

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


Maxvision Technology (SZSE:002990) Business Description

Traded in Other Exchanges
N/A
Address
Tairan Shi Road, Shatou Street, 1601, 1605, East Block, Phase 2,Tian'an Community, Tianan Innovation and Technology Plaza, Futian District, Guangdong, Shenzhen, CHN, 518040
Maxvision Technology Corp is specialized in artificial intelligence and algorithm researches and intelligent system integration. Its products include smart port, smart traffic, artificial intelligence, and smart systems.
Executives
Miao Ying Liang Executives
Huang Xin Directors, executives
Hu Gang Directors, executives
Qin Cao Directors, executives
Jiang Bing Directors, executives
Gong Tao Executives
Lai Shi Wu Executives

Maxvision Technology (SZSE:002990) Headlines

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