Tantech Holdings (Tantech Holdings) Debt-to-EBITDA

: 1.57 (As of Jun. 2023)

View and export this data going back to 2015. Start your Free Trial

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

Tantech Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $6.96 Mil. Tantech Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $4.55 Mil. Tantech Holdings's annualized EBITDA for the quarter that ended in Jun. 2023 was $7.34 Mil. Tantech Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 1.57.

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 Tantech Holdings's Debt-to-EBITDA or its related term are showing as below:

TANH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.96 Med: 0.87 Max: 3.51
Current: 1.68

During the past 11 years, the highest Debt-to-EBITDA Ratio of Tantech Holdings was 3.51. The lowest was -1.96. And the median was 0.87.

TANH's Debt-to-EBITDA is ranked better than
56.52% of 1426 companies
in the Consumer Packaged Goods industry
Industry Median: 2.15 vs TANH: 1.68

Tantech Holdings Debt-to-EBITDA Historical Data

The historical data trend for Tantech 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.

Tantech Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-EBITDA

Get a 7-Day Free Trial

3.51

-1.03

-0.92

-1.96

1.32

Tantech Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.62	-4.39	1.26	1.46	1.57

Competitive Comparison

For the Household & Personal Products subindustry, Tantech 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.

Tantech Holdings Debt-to-EBITDA Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tantech Holdings's Debt-to-EBITDA distribution charts can be found below:

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

Tantech Holdings Debt-to-EBITDA Calculation

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

Tantech 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
	=	(4.656	+	4.656)	/	7.031
	=	1.32

Tantech Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(6.961	+	4.547)	/	7.34
	=	1.57

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 (Jun. 2023) EBITDA data.

Tantech Holdings (NAS:TANH) 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.

Tantech Holdings Debt-to-EBITDA Related Terms

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

Tantech Holdings (Tantech Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tantech Holdings Ltd (NAS:TANH) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Tantech Holdings (Lishui) Co., Ltd, No. 10 Cen Shan Road, Shuige Industrial Zone, Zhejiang Province, Lishui, CHN, 323000

Website

http://www.tantech.cn

Tantech Holdings Ltd manufactures bamboo charcoal-based products. The company through its subsidiaries is engaged in the production and distribution of household products along with a trading business which involves the export of charcoal products. It also manufactures electric double-layer capacitors carbon materials and low-emission barbecue charcoal. Its product portfolio includes air purifiers and humidifiers, underfloor humidity control, pillows and mattresses, wardrobe deodorizers, mousepads, and wrist mats, refrigerator deodorant, and charcoal toilet cleaner disks. The company has three reportable segments; the Consumer Product segment, the Electric Vehicle (EV) segment, and the Biodegradable Packaging segment.