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Hunan Sund Technological (SZSE:301548) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Hunan Sund Technological Debt-to-EBITDA?

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

Hunan Sund Technological's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.2 Mil. Hunan Sund Technological's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Hunan Sund Technological's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥132.7 Mil. Hunan Sund Technological'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 Hunan Sund Technological's Debt-to-EBITDA or its related term are showing as below:

During the past 6 years, the highest Debt-to-EBITDA Ratio of Hunan Sund Technological was 1.99. The lowest was 0.00. And the median was 0.94.

SZSE:301548's Debt-to-EBITDA is not ranked *
in the Industrial Products industry.
Industry Median: 1.72
* Ranked among companies with meaningful Debt-to-EBITDA only.

Hunan Sund Technological Debt-to-EBITDA Historical Data

The historical data trend for Hunan Sund Technological'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.

Hunan Sund Technological Debt-to-EBITDA Chart

Hunan Sund Technological Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 1.18 1.25 0.57 0.71 -

Hunan Sund Technological Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 - 0.24 0.04 - -

Competitive Comparison of Hunan Sund Technological's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Hunan Sund Technological'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.


Hunan Sund Technological's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hunan Sund Technological's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hunan Sund Technological's Debt-to-EBITDA falls into.



Hunan Sund Technological Debt-to-EBITDA Calculation

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

Hunan Sund Technological'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
=(0.165 + 0.056) / 138.044
=0.00

Hunan Sund Technological'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
=(0.167 + 0.028) / 132.692
=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.


Hunan Sund Technological  (SZSE:301548) 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.


Hunan Sund Technological Debt-to-EBITDA Related Terms

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


Hunan Sund Technological (SZSE:301548) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Chayuan Road, High-tech Zone, Hunan, Xiangtan, CHN, 411102
Hunan Sund Technological Corp is engaged in research & development, design, production and sales of dynamic pressure oil film sliding bearings, sales of rolling bearings and related products, etc. It is a leading bearing supplier of bearing products and integral solutions for transmission systems.

Hunan Sund Technological (SZSE:301548) Headlines

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