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Hicon Network Technology (Shandong) Co (SZSE:301262) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Hicon Network Technology (Shandong) Co Debt-to-EBITDA?

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

Hicon Network Technology (Shandong) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Hicon Network Technology (Shandong) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Hicon Network Technology (Shandong) Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥504.6 Mil. Hicon Network Technology (Shandong) Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.00.

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 Hicon Network Technology (Shandong) Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:301262's Debt-to-EBITDA is not ranked *
in the Media - Diversified industry.
Industry Median: 1.69
* Ranked among companies with meaningful Debt-to-EBITDA only.

Hicon Network Technology (Shandong) Co Debt-to-EBITDA Historical Data

The historical data trend for Hicon Network Technology (Shandong) 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.

Hicon Network Technology (Shandong) Co Debt-to-EBITDA Chart

Hicon Network Technology (Shandong) Co Annual Data
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Hicon Network Technology (Shandong) Co Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Hicon Network Technology (Shandong) Co's Debt-to-EBITDA

For the Broadcasting subindustry, Hicon Network Technology (Shandong) 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.


Hicon Network Technology (Shandong) Co's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hicon Network Technology (Shandong) Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hicon Network Technology (Shandong) Co's Debt-to-EBITDA falls into.



Hicon Network Technology (Shandong) Co Debt-to-EBITDA Calculation

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

Hicon Network Technology (Shandong) 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 + 0) / 493.646
=0.00

Hicon Network Technology (Shandong) 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
=(0 + 0) / 504.564
=0.00

* 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.


Hicon Network Technology (Shandong) Co  (SZSE:301262) 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.


Hicon Network Technology (Shandong) Co Debt-to-EBITDA Related Terms

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


Hicon Network Technology (Shandong) Co (SZSE:301262) Business Description

Traded in Other Exchanges
N/A
Address
No. 18567, Jingshi Road, 6th Floor, New Radio and Television Center Building, Shandong Province, Jinan, CHN, 250062
Hicon Network Technology (Shandong) Co Ltd exclusively operate the operating business related to Shandong IPTV integrated broadcast control.

Hicon Network Technology (Shandong) Co (SZSE:301262) Headlines

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