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Zhang Xiaoquan (SZSE:301055) Debt-to-EBITDA : 0.49 (As of Mar. 2024)


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What is Zhang Xiaoquan Debt-to-EBITDA?

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

Zhang Xiaoquan's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥24.5 Mil. Zhang Xiaoquan's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1.3 Mil. Zhang Xiaoquan's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥52.5 Mil. Zhang Xiaoquan's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.49.

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 Zhang Xiaoquan's Debt-to-EBITDA or its related term are showing as below:

SZSE:301055' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.1   Med: 0.23   Max: 1.3
Current: 0.65

During the past 7 years, the highest Debt-to-EBITDA Ratio of Zhang Xiaoquan was 1.30. The lowest was 0.10. And the median was 0.23.

SZSE:301055's Debt-to-EBITDA is ranked better than
72.4% of 337 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.96 vs SZSE:301055: 0.65

Zhang Xiaoquan Debt-to-EBITDA Historical Data

The historical data trend for Zhang Xiaoquan'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.

Zhang Xiaoquan Debt-to-EBITDA Chart

Zhang Xiaoquan Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial - 1.30 0.10 0.11 0.35

Zhang Xiaoquan Quarterly Data
Dec17 Dec18 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 0.16 1.09 0.32 0.41 0.49

Competitive Comparison of Zhang Xiaoquan's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Zhang Xiaoquan'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.


Zhang Xiaoquan's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zhang Xiaoquan's Debt-to-EBITDA distribution charts can be found below:

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



Zhang Xiaoquan Debt-to-EBITDA Calculation

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

Zhang Xiaoquan'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
=(25.615 + 2.127) / 78.412
=0.35

Zhang Xiaoquan'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
=(24.518 + 1.255) / 52.452
=0.49

* 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.


Zhang Xiaoquan  (SZSE:301055) 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.


Zhang Xiaoquan Debt-to-EBITDA Related Terms

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


Zhang Xiaoquan (SZSE:301055) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Wuxing Road, Dongzhou Street, Fuyang District, Zhejiang Province, Hangzhou, CHN, 311401
Zhang Xiaoquan Inc is a is a modern living hardware company integrating design, research and development, production, sales and service. It offers home kitchen products, personal care products, garden and agronomic products, hotel kitchen utensils and others to consumers at home and abroad.

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