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Fujian Yanjing Huiquan Brewery Co (SHSE:600573) Debt-to-EBITDA

: 1.54 (As of Mar. 2024)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Fujian Yanjing Huiquan Brewery Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥40.0 Mil. Fujian Yanjing Huiquan Brewery Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Fujian Yanjing Huiquan Brewery Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥26.0 Mil. Fujian Yanjing Huiquan Brewery Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.54.

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 Fujian Yanjing Huiquan Brewery Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600573' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.23   Med: 0.23   Max: 0.34
Current: 0.34

During the past 13 years, the highest Debt-to-EBITDA Ratio of Fujian Yanjing Huiquan Brewery Co was 0.34. The lowest was 0.23. And the median was 0.23.

SHSE:600573's Debt-to-EBITDA is ranked better than
77.36% of 159 companies
in the Beverages - Alcoholic industry
Industry Median: 1.7 vs SHSE:600573: 0.34

Fujian Yanjing Huiquan Brewery Co Debt-to-EBITDA Historical Data

The historical data trend for Fujian Yanjing Huiquan Brewery 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.

Fujian Yanjing Huiquan Brewery Co 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 - - - - 0.23

Fujian Yanjing Huiquan Brewery Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 0.16 0.10 -0.33 1.54

Competitive Comparison

For the Beverages - Brewers subindustry, Fujian Yanjing Huiquan Brewery 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.


Fujian Yanjing Huiquan Brewery Co Debt-to-EBITDA Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fujian Yanjing Huiquan Brewery Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Fujian Yanjing Huiquan Brewery Co's Debt-to-EBITDA falls into.



Fujian Yanjing Huiquan Brewery Co Debt-to-EBITDA Calculation

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

Fujian Yanjing Huiquan Brewery Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(20 + 0) / 86.064
=0.23

Fujian Yanjing Huiquan Brewery Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(40 + 0) / 25.96
=1.54

* 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. 2024) EBITDA data.


Fujian Yanjing Huiquan Brewery Co  (SHSE:600573) 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.


Fujian Yanjing Huiquan Brewery Co Debt-to-EBITDA Related Terms

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


Fujian Yanjing Huiquan Brewery Co (SHSE:600573) Business Description

Traded in Other Exchanges
N/A
Address
Fujian 157 Main Street towns, Hui'an County, Quanzhou, Fujian, CHN
Fujian Yanjing Huiquan Brewery Co Ltd manufactures beer. The company has three facilities for the production of beer. The product portfolio includes - Huiquan Yimai beer, Huiquan small fresh beer, Huiquan pure draft beer, Huiquan European knight beer, and Huiquan bottled canned beer.

Fujian Yanjing Huiquan Brewery Co (SHSE:600573) Headlines

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