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Hangzhou Jizhi Mechatronic Co (SZSE:300553) Debt-to-EBITDA : 19.62 (As of Sep. 2024)


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What is Hangzhou Jizhi Mechatronic Co Debt-to-EBITDA?

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

Hangzhou Jizhi Mechatronic Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥46.9 Mil. Hangzhou Jizhi Mechatronic Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥340.3 Mil. Hangzhou Jizhi Mechatronic Co's annualized EBITDA for the quarter that ended in Sep. 2024 was ¥19.7 Mil. Hangzhou Jizhi Mechatronic Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 19.61.

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 Hangzhou Jizhi Mechatronic Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:300553' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02   Med: 0.41   Max: 188.23
Current: 188.23

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hangzhou Jizhi Mechatronic Co was 188.23. The lowest was 0.02. And the median was 0.41.

SZSE:300553's Debt-to-EBITDA is ranked worse than
99.6% of 2275 companies
in the Industrial Products industry
Industry Median: 1.69 vs SZSE:300553: 188.23

Hangzhou Jizhi Mechatronic Co Debt-to-EBITDA Historical Data

The historical data trend for Hangzhou Jizhi Mechatronic 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.

Hangzhou Jizhi Mechatronic Co Debt-to-EBITDA Chart

Hangzhou Jizhi Mechatronic 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 - 0.07 0.41 1.59 3.48

Hangzhou Jizhi Mechatronic 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 52.44 -6.01 96.48 13.28 19.62

Competitive Comparison of Hangzhou Jizhi Mechatronic Co's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Hangzhou Jizhi Mechatronic 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.


Hangzhou Jizhi Mechatronic Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Jizhi Mechatronic Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hangzhou Jizhi Mechatronic Co's Debt-to-EBITDA falls into.



Hangzhou Jizhi Mechatronic Co Debt-to-EBITDA Calculation

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

Hangzhou Jizhi Mechatronic 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
=(54.217 + 100.295) / 44.419
=3.48

Hangzhou Jizhi Mechatronic 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
=(46.925 + 340.273) / 19.74
=19.61

* 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.


Hangzhou Jizhi Mechatronic Co  (SZSE:300553) 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.


Hangzhou Jizhi Mechatronic Co Debt-to-EBITDA Related Terms

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


Hangzhou Jizhi Mechatronic Co Business Description

Traded in Other Exchanges
N/A
Address
No.10 Xiyuan 3rd Road, Sandun Town, Xihu District, Zhejiang Province, Hangzhou, CHN, 311100
Hangzhou Jizhi Mechatronic Co Ltd is engaged in the development, design, production and sales of fully automatic balancing machines and testing machines in China. Its main products are fully automatic balancing machines which are mainly used for detecting and automatically correcting the unbalanced quantity of the rotating parts. Its other products include automatic balancing machines and testing machines. Its automatic balancing machines include semi-auto balance correction machines, two station automation balance correction machines, four station automatic balance correction machines, five station automatic balance correction machines and vertical balance correction machines.
Executives
Wu Dian Mei Directors, executives
Shi Xiao Ying Supervisors
Yang Quan Yong Director
Zhao Liang Liang Director
Zhang Jia Qing Directors, executives
Chen Xu Chu Directors, executives
Yu Jin Qiu Executives
Lou Rong Wei Directors, executives
Cai Wen Executives

Hangzhou Jizhi Mechatronic Co Headlines

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