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Jianglong Shipbuilding Co (SZSE:300589) Debt-to-EBITDA : 10.06 (As of Sep. 2024)


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What is Jianglong Shipbuilding Co Debt-to-EBITDA?

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

Jianglong Shipbuilding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥84 Mil. Jianglong Shipbuilding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥0 Mil. Jianglong Shipbuilding Co's annualized EBITDA for the quarter that ended in Sep. 2024 was ¥8 Mil. Jianglong Shipbuilding Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 10.06.

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 Jianglong Shipbuilding Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:300589' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.07   Med: 1.61   Max: 2.15
Current: 1.38

During the past 12 years, the highest Debt-to-EBITDA Ratio of Jianglong Shipbuilding Co was 2.15. The lowest was 0.07. And the median was 1.61.

SZSE:300589's Debt-to-EBITDA is ranked better than
67.98% of 228 companies
in the Aerospace & Defense industry
Industry Median: 2.14 vs SZSE:300589: 1.38

Jianglong Shipbuilding Co Debt-to-EBITDA Historical Data

The historical data trend for Jianglong Shipbuilding 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.

Jianglong Shipbuilding Co Debt-to-EBITDA Chart

Jianglong Shipbuilding 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 1.72 2.15 1.82 0.07 0.37

Jianglong Shipbuilding 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 -2.25 0.21 0.15 1.23 10.06

Competitive Comparison of Jianglong Shipbuilding Co's Debt-to-EBITDA

For the Aerospace & Defense subindustry, Jianglong Shipbuilding 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.


Jianglong Shipbuilding Co's Debt-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Jianglong Shipbuilding Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Jianglong Shipbuilding Co's Debt-to-EBITDA falls into.



Jianglong Shipbuilding Co Debt-to-EBITDA Calculation

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

Jianglong Shipbuilding 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
=(31.021 + 0) / 83.442
=0.37

Jianglong Shipbuilding 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
=(84.083 + 0) / 8.36
=10.06

* 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.


Jianglong Shipbuilding Co  (SZSE:300589) 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.


Jianglong Shipbuilding Co Debt-to-EBITDA Related Terms

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


Jianglong Shipbuilding Co Business Description

Traded in Other Exchanges
N/A
Address
No.1 Guizhu Road, Jianglong Boat Science and Technology Park, Shenwan Town, Guangdong Province, Zhongshan, CHN, 528462
Jianglong Shipbuilding Co Ltd manufactures and sells various yachts and boats. It is engaged in design, research and development, manufacturing and sales of patrol boats, tourism leisure boats and passenger boats, which are made of steel, aluminum alloy, fiberglass and composite materials. The company's products include fiberglass luxury yachts, patrol boats, tourist passenger boats, fishing vessels, and Passenger boat.
Executives
Zhao Sheng Hua Director
Tan Yong Can Executives
Yan Zhi Qing Directors, executives
Xia Gang Director
Gong Zhong Ying Director
He Wen Jun Directors, executives
Cheng Jue Hao Independent director

Jianglong Shipbuilding Co Headlines

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