ZK International Group Co (ZK International Group Co) Debt-to-EBITDA : 32.71 (As of Mar. 2023)

View and export this data going back to 2017. Start your Free Trial

What is ZK International Group Co Debt-to-EBITDA?

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

ZK International Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $21.5 Mil. ZK International Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.0 Mil. ZK International Group Co's annualized EBITDA for the quarter that ended in Mar. 2023 was $0.7 Mil. ZK International Group Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 32.71.

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 ZK International Group Co's Debt-to-EBITDA or its related term are showing as below:

ZKIN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -22.35 Med: 1.78 Max: 3.27
Current: -7.38

During the past 8 years, the highest Debt-to-EBITDA Ratio of ZK International Group Co was 3.27. The lowest was -22.35. And the median was 1.78.

ZKIN's Debt-to-EBITDA is ranked worse than
100% of 493 companies
in the Steel industry
Industry Median: 2.66 vs ZKIN: -7.38

ZK International Group Co Debt-to-EBITDA Historical Data

The historical data trend for ZK International Group 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.

ZK International Group Co Debt-to-EBITDA Chart

ZK International Group Co Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Debt-to-EBITDA

Get a 7-Day Free Trial

1.90

1.66

-22.35

-11.65

-8.33

ZK International Group Co Semi-Annual Data
	Sep15	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Debt-to-EBITDA	Get a 7-Day Free Trial										-9.15	-11.51	13.66	-3.13	32.71

Competitive Comparison of ZK International Group Co's Debt-to-EBITDA

For the Steel subindustry, ZK International Group 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.

ZK International Group Co's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, ZK International Group Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where ZK International Group Co's Debt-to-EBITDA falls into.

ZK International Group Co Debt-to-EBITDA Calculation

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

ZK International Group Co's Debt-to-EBITDA for the fiscal year that ended in Sep. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(20.324	+	0.01)	/	-2.441
	=	-8.33

ZK International Group Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(21.501	+	0.022)	/	0.658
	=	32.71

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 (Mar. 2023) EBITDA data.

ZK International Group Co (NAS:ZKIN) 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.

ZK International Group Co Debt-to-EBITDA Related Terms

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

ZK International Group Co (ZK International Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ZK International Group Co Ltd (NAS:ZKIN) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Zhejiang Zhengkang Industrial Co., Ltd., No. 678 Dingxiang Road, Binhai Industrial Park, Zhejiang Province, Economic and Technology Development Zone, Wenzhou, CHN, 325025

Website

https://www.zkinternationalgroup.com

ZK International Group Co Ltd is engaged in the manufacture and marketing of metal pipes. The company is specialized in producing double-press thin-walled stainless steel tube and fittings, carbon steel tube and fittings, single-press tube and fittings, and stainless-steel strip. The products are used in restaurants, hotel, hospital, firefighting, food, beverage, ship, engine, industrial seawater desalination and systems of direct-drinking water, cold /hot water supply, city water supply, gas of large/middle scale construction projects.