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Haier Smart Home Co (XTER:690D) Debt-to-EBITDA : 1.49 (As of Sep. 2024)


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What is Haier Smart Home Co Debt-to-EBITDA?

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

Haier Smart Home Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €2,023 Mil. Haier Smart Home Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €2,766 Mil. Haier Smart Home Co's annualized EBITDA for the quarter that ended in Sep. 2024 was €3,207 Mil. Haier Smart Home Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 1.49.

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 Haier Smart Home Co's Debt-to-EBITDA or its related term are showing as below:

XTER:690D' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.41   Med: 1.57   Max: 3.23
Current: 1.53

During the past 13 years, the highest Debt-to-EBITDA Ratio of Haier Smart Home Co was 3.23. The lowest was 0.41. And the median was 1.57.

XTER:690D's Debt-to-EBITDA is ranked better than
55.99% of 334 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.96 vs XTER:690D: 1.53

Haier Smart Home Co Debt-to-EBITDA Historical Data

The historical data trend for Haier Smart Home 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.

Haier Smart Home Co Debt-to-EBITDA Chart

Haier Smart Home 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 1.82 1.81 1.22 1.33 1.26

Haier Smart Home 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 1.57 2.06 1.41 1.23 1.49

Competitive Comparison of Haier Smart Home Co's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Haier Smart Home 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.


Haier Smart Home Co's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Haier Smart Home Co's Debt-to-EBITDA falls into.



Haier Smart Home Co Debt-to-EBITDA Calculation

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

Haier Smart Home 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
=(1804.526 + 2725.636) / 3610.488
=1.25

Haier Smart Home 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
=(2023.413 + 2766.213) / 3206.856
=1.49

* 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 (Sep. 2024) EBITDA data.


Haier Smart Home Co  (XTER:690D) 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.


Haier Smart Home Co Debt-to-EBITDA Related Terms

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


Haier Smart Home Co Business Description

Address
Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, CHN, 266101
Haier Smart Home is one of the largest household appliance manufacturers globally, with key products spanning refrigerators, washing machines, kitchen appliances, air conditioners, and water solutions. It has been consistently among the top three in China by retail sales in most home appliance categories. The company has also established a footprint in distribution channel services and commercial refrigeration business. Haier generates around 50% of sales outside China. As of December 2023, Haier Group and its subsidiaries are the largest shareholders of Haier Smart Home with around 29% equity interest in aggregate.

Haier Smart Home Co Headlines

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