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Jiangsu Etern Co (SHSE:600105) Debt-to-EBITDA : 7.70 (As of Sep. 2023)


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What is Jiangsu Etern Co Debt-to-EBITDA?

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

Jiangsu Etern Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥1,675 Mil. Jiangsu Etern Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥813 Mil. Jiangsu Etern Co's annualized EBITDA for the quarter that ended in Sep. 2023 was ¥323 Mil. Jiangsu Etern Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 7.70.

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 Jiangsu Etern Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600105' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.71   Med: 1.24   Max: 8.12
Current: 8.12

During the past 13 years, the highest Debt-to-EBITDA Ratio of Jiangsu Etern Co was 8.12. The lowest was -3.71. And the median was 1.24.

SHSE:600105's Debt-to-EBITDA is ranked worse than
88.56% of 1739 companies
in the Hardware industry
Industry Median: 1.78 vs SHSE:600105: 8.12

Jiangsu Etern Co Debt-to-EBITDA Historical Data

The historical data trend for Jiangsu Etern 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.

Jiangsu Etern Co Debt-to-EBITDA Chart

Jiangsu Etern Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.40 6.97 -3.71 5.99 5.97

Jiangsu Etern Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 6.58 5.24 10.14 13.16 7.70

Competitive Comparison of Jiangsu Etern Co's Debt-to-EBITDA

For the Communication Equipment subindustry, Jiangsu Etern 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.


Jiangsu Etern Co's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jiangsu Etern Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Jiangsu Etern Co's Debt-to-EBITDA falls into.



Jiangsu Etern Co Debt-to-EBITDA Calculation

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

Jiangsu Etern Co'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
=(1515.068 + 896.551) / 404.182
=5.97

Jiangsu Etern Co'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
=(1674.919 + 812.734) / 323.256
=7.70

* 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.


Jiangsu Etern Co  (SHSE:600105) 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.


Jiangsu Etern Co Debt-to-EBITDA Related Terms

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


Jiangsu Etern Co (SHSE:600105) Business Description

Traded in Other Exchanges
N/A
Address
Fenhu Economic Development Zone, Luxu Town, Wujiang, Jiangsu, CHN, 215211
Jiangsu Etern Co Ltd is a China-based company operating in the communication industry. It is engaged in providing optical fiber optic cable, wires, and cables, special optical cable, optical devices, communication devices and equipment, communication large data and engineering services, system integration solutions in the communications industry chain.

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