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China Yongda Automobiles Services Holdings (HKSE:03669) Debt-to-EBITDA

: 1.41 (As of Dec. 2022)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

China Yongda Automobiles Services Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was HK$3,274 Mil. China Yongda Automobiles Services Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was HK$2,891 Mil. China Yongda Automobiles Services Holdings's annualized EBITDA for the quarter that ended in Dec. 2022 was HK$4,362 Mil. China Yongda Automobiles Services Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 was 1.41.

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 China Yongda Automobiles Services Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:03669' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.39   Med: 3.9   Max: 4.98
Current: 1.47

During the past 12 years, the highest Debt-to-EBITDA Ratio of China Yongda Automobiles Services Holdings was 4.98. The lowest was 1.39. And the median was 3.90.

HKSE:03669's Debt-to-EBITDA is ranked better than
67.29% of 963 companies
in the Vehicles & Parts industry
Industry Median: 2.57 vs HKSE:03669: 1.47

China Yongda Automobiles Services Holdings Debt-to-EBITDA Historical Data

The historical data trend for China Yongda Automobiles Services Holdings'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.

China Yongda Automobiles Services Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.47 3.84 3.09 1.39 1.51

China Yongda Automobiles Services Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Debt-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only 2.60 1.79 1.36 2.03 1.41

Competitive Comparison

For the Auto & Truck Dealerships subindustry, China Yongda Automobiles Services Holdings'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.

   

China Yongda Automobiles Services Holdings Debt-to-EBITDA Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, China Yongda Automobiles Services Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Yongda Automobiles Services Holdings's Debt-to-EBITDA falls in comparison to its industry or sector. The grey bar indicates the Debt-to-EBITDA's extreme value range as defined by GuruFocus.



China Yongda Automobiles Services Holdings Debt-to-EBITDA Calculation

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

China Yongda Automobiles Services Holdings'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
=(3273.572 + 2890.752) / 4097.083
=1.50

China Yongda Automobiles Services Holdings's annualized Debt-to-EBITDA for the quarter 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
=(3273.572 + 2890.752) / 4361.694
=1.41

* 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 two times the quarterly (Dec. 2022) EBITDA data.


China Yongda Automobiles Services Holdings  (HKSE:03669) 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.


China Yongda Automobiles Services Holdings Debt-to-EBITDA Related Terms

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


China Yongda Automobiles Services Holdings (HKSE:03669) Business Description

China Yongda Automobiles Services Holdings logo
Traded in Other Exchanges
Address
299 Ruijin Nan Road, Huangpu District, Shanghai, CHN, 200023
China Yongda Automobiles Services Holdings is a Chinese company involved in automobile sales service, automobile finance, and automobile rental. The company has four segments: new passenger vehicle sales, repair and maintenance services, automobile extension products and services, automobile finance and insurance product agency services, pre-owned vehicles, automobile rental services, and financial leasing and small loan services. The auto sales service sells luxury automobiles like Bentley, BMW, Audi, Lincoln, Infiniti, Porsche, Jaguar Land Rover, AstonMartin, and Cadillac.

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