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Tsann Kuen (China) Enterprise Co (SZSE:200512) Debt-to-EBITDA : 3.81 (As of Mar. 2024)


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What is Tsann Kuen (China) Enterprise Co Debt-to-EBITDA?

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

Tsann Kuen (China) Enterprise Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$24 Mil. Tsann Kuen (China) Enterprise Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$430 Mil. Tsann Kuen (China) Enterprise Co's annualized EBITDA for the quarter that ended in Mar. 2024 was HK$119 Mil. Tsann Kuen (China) Enterprise Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.81.

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 Tsann Kuen (China) Enterprise Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:200512' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.06   Med: 1.84   Max: 2.63
Current: 2.63

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tsann Kuen (China) Enterprise Co was 2.63. The lowest was 0.06. And the median was 1.84.

SZSE:200512's Debt-to-EBITDA is ranked worse than
58.75% of 337 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.96 vs SZSE:200512: 2.63

Tsann Kuen (China) Enterprise Co Debt-to-EBITDA Historical Data

The historical data trend for Tsann Kuen (China) Enterprise 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.

Tsann Kuen (China) Enterprise Co Debt-to-EBITDA Chart

Tsann Kuen (China) Enterprise 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 - 2.20 1.97 2.36 1.84

Tsann Kuen (China) Enterprise 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 5.82 4.29 1.60 2.87 3.81

Competitive Comparison of Tsann Kuen (China) Enterprise Co's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Tsann Kuen (China) Enterprise 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.


Tsann Kuen (China) Enterprise Co's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Tsann Kuen (China) Enterprise Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tsann Kuen (China) Enterprise Co's Debt-to-EBITDA falls into.



Tsann Kuen (China) Enterprise Co Debt-to-EBITDA Calculation

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

Tsann Kuen (China) Enterprise 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
=(0.966 + 428.947) / 233.115
=1.84

Tsann Kuen (China) Enterprise 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
=(24.12 + 430.161) / 119.212
=3.81

* 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.


Tsann Kuen (China) Enterprise Co  (SZSE:200512) 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.


Tsann Kuen (China) Enterprise Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Tsann Kuen (China) Enterprise Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Tsann Kuen (China) Enterprise Co (SZSE:200512) Business Description

Traded in Other Exchanges
N/A
Address
TSANN KUEN Industrial Park, Taiwanese Investment Zone, Fujian Province, Zhangzhou, CHN, 363107
Tsann Kuen (China) Enterprise Co Ltd is a company that develops and manufactures household appliances, electronics, light industrial products and, modern office supplies. Its operating segments are Small home appliance manufacturing and Other services. The product categories include Cooking utensils, Everyday home appliances, Tea and coffee makers, and other products and services. Geographically the company operates in Australia, Africa, America, Europe, and Asia, of which prime revenue is derived from America. The majority of its revenue is generated through the Small home appliance manufacturing segment.

Tsann Kuen (China) Enterprise Co (SZSE:200512) Headlines

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