ZJK (ZJK Industrial Co) Debt-to-EBITDA : 0.11 (As of Jun. 2024)

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What is ZJK Industrial Co Debt-to-EBITDA?

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

ZJK Industrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.66 Mil. ZJK Industrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.79 Mil. ZJK Industrial Co's annualized EBITDA for the quarter that ended in Jun. 2024 was $13.56 Mil. ZJK Industrial Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.11.

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

ZJK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.11 Med: 0.35 Max: 1
Current: 0.11

During the past 3 years, the highest Debt-to-EBITDA Ratio of ZJK Industrial Co was 1.00. The lowest was 0.11. And the median was 0.35.

ZJK's Debt-to-EBITDA is ranked better than
88.55% of 2289 companies
in the Industrial Products industry
Industry Median: 1.7 vs ZJK: 0.11

ZJK Industrial Co Debt-to-EBITDA Historical Data

The historical data trend for ZJK Industrial 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.

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ZJK Industrial Co Debt-to-EBITDA Chart

ZJK Industrial Co Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

1.00

0.35

0.11

ZJK Industrial Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-EBITDA	Get a 7-Day Free Trial			-	0.29	0.49	0.08	0.11

Competitive Comparison of ZJK Industrial Co's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, ZJK Industrial 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.

ZJK Industrial Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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

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ZJK Industrial Co Debt-to-EBITDA Calculation

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

ZJK Industrial 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
	=	(0.801	+	0.311)	/	10.155
	=	0.11

ZJK Industrial Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.657	+	0.79)	/	13.56
	=	0.11

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 two times the quarterly (Jun. 2024) EBITDA data.

ZJK Industrial Co (NAS:ZJK) 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.

ZJK Industrial Co Debt-to-EBITDA Related Terms

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

ZJK Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ZJK Industrial Co Ltd (NAS:ZJK) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.8, Jingqiang Road, 138 Industrial Zone, Xiuxin Community, Kengzi Town, Pingshan New Area, Shenzhen, CHN, 518122

Website

https://www.zjk-industrial.com

ZJK Industrial Co Ltd is a high-tech enterprise specialized in the manufacturing and sale of precision fasteners, structural parts, and other precision metal parts products for new energy vehicles, circuit boards, data centers, liquid cooling systems for high-speed supercomputers widely applied in the artificial intelligence industry, and intelligent electronic equipment, such as mobile phones, smart watches, drones, and 5G communication base stations. Its products include various standard screws, nuts, bolts, turning parts, stamping parts, and Computer Numerical Control (CNC) machining parts. The products are used in new energy vehicles, mobile phones, smart watches, drones, 5G communication base stations, circuit boards, liquid cooling systems, and other electronic equipment.