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Aluminum of China (Aluminum of China) Debt-to-EBITDA : 3.17 (As of Mar. 2024)


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What is Aluminum of China Debt-to-EBITDA?

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

Aluminum of China's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2,366 Mil. Aluminum of China's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $7,412 Mil. Aluminum of China's annualized EBITDA for the quarter that ended in Mar. 2024 was $3,087 Mil. Aluminum of China's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.17.

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 Aluminum of China's Debt-to-EBITDA or its related term are showing as below:

ACHHY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -50.07   Med: 5.88   Max: 7.47
Current: 3.58

During the past 13 years, the highest Debt-to-EBITDA Ratio of Aluminum of China was 7.47. The lowest was -50.07. And the median was 5.88.

ACHHY's Debt-to-EBITDA is ranked worse than
65.62% of 541 companies
in the Metals & Mining industry
Industry Median: 1.98 vs ACHHY: 3.58

Aluminum of China Debt-to-EBITDA Historical Data

The historical data trend for Aluminum of China'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.

Aluminum of China Debt-to-EBITDA Chart

Aluminum of China 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 5.70 6.05 3.24 3.03 2.60

Aluminum of China Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.82 4.81 3.61 3.87 3.17

Competitive Comparison of Aluminum of China's Debt-to-EBITDA

For the Aluminum subindustry, Aluminum of China'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.


Aluminum of China's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluminum of China's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Aluminum of China's Debt-to-EBITDA falls into.



Aluminum of China Debt-to-EBITDA Calculation

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

Aluminum of China'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
=(3529.817 + 7074.821) / 4077.324
=2.60

Aluminum of China'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
=(2366.124 + 7411.539) / 3086.66
=3.17

* 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.


Aluminum of China  (OTCPK:ACHHY) 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.


Aluminum of China Debt-to-EBITDA Related Terms

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


Aluminum of China (Aluminum of China) Business Description

Address
No. 62 North Xizhimen Street, Haidian District, Beijing, CHN, 100082
Aluminum Corp of China Ltd is an aluminum producer. The Alumina segment consists of the mining and purchase of bauxite and other raw materials. The Primary aluminum segment consists of the procurement of alumina, supplemental materials, and electric power. Its Energy segment comprises the production and operation of energy products mainly coal mining. The Trading segment includes the trading of alumina primary aluminum, aluminum fabrication products, other non-ferrous metal products and Corporate and other operating segments. Geographically, it operates in Mainland China, as well as other countries. It generates a major part of its revenue from the Trading segment.

Aluminum of China (Aluminum of China) Headlines

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