GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Shenzhen-ZhongRong Morgan Investment Holding Group Co Ltd (GREY:ZRMG) » Definitions » Debt-to-EBITDA

Shenzhen-ZhongRong Morgan Investment Holding Group Co (Shenzhen-ZhongRong Morgan Investment Holding Group Co) Debt-to-EBITDA : N/A (As of Mar. 2017)


View and export this data going back to 2012. Start your Free Trial

What is Shenzhen-ZhongRong Morgan Investment Holding Group Co Debt-to-EBITDA?

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

Shenzhen-ZhongRong Morgan Investment Holding Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was $0.00 Mil. Shenzhen-ZhongRong Morgan Investment Holding Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was $0.00 Mil. Shenzhen-ZhongRong Morgan Investment Holding Group Co's annualized EBITDA for the quarter that ended in Mar. 2017 was $0.00 Mil.

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 Shenzhen-ZhongRong Morgan Investment Holding Group Co's Debt-to-EBITDA or its related term are showing as below:

ZRMG's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.145
* Ranked among companies with meaningful Debt-to-EBITDA only.

Shenzhen-ZhongRong Morgan Investment Holding Group Co Debt-to-EBITDA Historical Data

The historical data trend for Shenzhen-ZhongRong Morgan Investment Holding 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.

Shenzhen-ZhongRong Morgan Investment Holding Group Co Debt-to-EBITDA Chart

Shenzhen-ZhongRong Morgan Investment Holding Group Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Debt-to-EBITDA
Get a 7-Day Free Trial - - - - -

Shenzhen-ZhongRong Morgan Investment Holding Group Co Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 - N/A N/A - N/A

Competitive Comparison of Shenzhen-ZhongRong Morgan Investment Holding Group Co's Debt-to-EBITDA

For the Shell Companies subindustry, Shenzhen-ZhongRong Morgan Investment Holding 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.


Shenzhen-ZhongRong Morgan Investment Holding Group Co's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Shenzhen-ZhongRong Morgan Investment Holding Group Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Shenzhen-ZhongRong Morgan Investment Holding Group Co's Debt-to-EBITDA falls into.



Shenzhen-ZhongRong Morgan Investment Holding Group Co Debt-to-EBITDA Calculation

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

Shenzhen-ZhongRong Morgan Investment Holding Group Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.004
=0.00

Shenzhen-ZhongRong Morgan Investment Holding Group Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2017 is calculated as

* 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. 2017) EBITDA data.


Shenzhen-ZhongRong Morgan Investment Holding Group Co  (GREY:ZRMG) 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.


Shenzhen-ZhongRong Morgan Investment Holding Group Co Debt-to-EBITDA Related Terms

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


Shenzhen-ZhongRong Morgan Investment Holding Group Co (Shenzhen-ZhongRong Morgan Investment Holding Group Co) Business Description

Traded in Other Exchanges
N/A
Address
136-40 39th Avenue, Suite 6B, Garden Plaza, Flushing, NY, USA, 11354
Website
Shenzhen-ZhongRong Morgan Investment Holding Group Co Ltd is a shell company.

Shenzhen-ZhongRong Morgan Investment Holding Group Co (Shenzhen-ZhongRong Morgan Investment Holding Group Co) Headlines

No Headlines