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BAIC Motor (BAIC Motor) Debt-to-EBITDA : 0.50 (As of Sep. 2023)


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What is BAIC Motor Debt-to-EBITDA?

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

BAIC Motor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $994 Mil. BAIC Motor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1,009 Mil. BAIC Motor's annualized EBITDA for the quarter that ended in Sep. 2023 was $4,021 Mil. BAIC Motor's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.50.

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 BAIC Motor's Debt-to-EBITDA or its related term are showing as below:

BCCMY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.52   Med: 1.07   Max: 5.13
Current: 1.58

During the past 13 years, the highest Debt-to-EBITDA Ratio of BAIC Motor was 5.13. The lowest was 0.52. And the median was 1.07.

BCCMY's Debt-to-EBITDA is ranked better than
63.78% of 1038 companies
in the Vehicles & Parts industry
Industry Median: 2.36 vs BCCMY: 1.58

BAIC Motor Debt-to-EBITDA Historical Data

The historical data trend for BAIC Motor'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.

BAIC Motor Debt-to-EBITDA Chart

BAIC Motor 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 0.79 0.68 0.68 0.52 0.63

BAIC Motor Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 - 0.80 N/A 0.50 2.57

Competitive Comparison of BAIC Motor's Debt-to-EBITDA

For the Auto Manufacturers subindustry, BAIC Motor'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.


BAIC Motor's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BAIC Motor's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where BAIC Motor's Debt-to-EBITDA falls into.



BAIC Motor Debt-to-EBITDA Calculation

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

BAIC Motor's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1286.587 + 1255.064) / 4926.222
=0.52

BAIC Motor's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(994.05 + 1008.734) / 4020.64
=0.50

* 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. 2023) EBITDA data.


BAIC Motor  (OTCPK:BCCMY) 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.


BAIC Motor Debt-to-EBITDA Related Terms

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


BAIC Motor (BAIC Motor) Business Description

Traded in Other Exchanges
Address
No. 99 Shuanghe Street, A5-061, Unit 101, 5th Floor, Building No 1, Courtyard, Shunyi District, Beijing, CHN, 101300
BAIC Motor Corp Ltd is a provincial state-owned enterprise that manufactures passenger vehicles (PV) and automotive components. The majority of BAIC's revenue and operating profits come from joint ventures with Mercedes Benz and Hyundai. The firm also manufactures and sells its own vehicles under the Beijing Brand.

BAIC Motor (BAIC Motor) Headlines

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