GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sanan Optoelectronics Co Ltd (SHSE:600703) » Definitions » Debt-to-EBITDA

Sanan Optoelectronics Co (SHSE:600703) Debt-to-EBITDA : 18.47 (As of Sep. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Sanan Optoelectronics Co Debt-to-EBITDA?

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

Sanan Optoelectronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥5,230 Mil. Sanan Optoelectronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥3,466 Mil. Sanan Optoelectronics Co's annualized EBITDA for the quarter that ended in Sep. 2023 was ¥471 Mil. Sanan Optoelectronics Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 18.47.

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

SHSE:600703' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.18   Med: 0.76   Max: 32.36
Current: 32.36

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sanan Optoelectronics Co was 32.36. The lowest was 0.18. And the median was 0.76.

SHSE:600703's Debt-to-EBITDA is ranked worse than
97.61% of 712 companies
in the Semiconductors industry
Industry Median: 1.59 vs SHSE:600703: 32.36

Sanan Optoelectronics Co Debt-to-EBITDA Historical Data

The historical data trend for Sanan Optoelectronics 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.

Sanan Optoelectronics Co Debt-to-EBITDA Chart

Sanan Optoelectronics 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 0.72 0.39 0.80 1.42 2.20

Sanan Optoelectronics 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 10.76 -10.20 6.49 47.21 18.47

Competitive Comparison of Sanan Optoelectronics Co's Debt-to-EBITDA

For the Semiconductors subindustry, Sanan Optoelectronics 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.


Sanan Optoelectronics Co's Debt-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sanan Optoelectronics Co's Debt-to-EBITDA distribution charts can be found below:

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



Sanan Optoelectronics Co Debt-to-EBITDA Calculation

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

Sanan Optoelectronics 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
=(5786.388 + 3349.5) / 4146.162
=2.20

Sanan Optoelectronics 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
=(5230.074 + 3466.492) / 470.82
=18.47

* 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.


Sanan Optoelectronics Co  (SHSE:600703) 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.


Sanan Optoelectronics Co Debt-to-EBITDA Related Terms

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


Sanan Optoelectronics Co (SHSE:600703) Business Description

Traded in Other Exchanges
N/A
Address
No.131, Dongfang Avenue, Jingzhou Development Zone, Hubei Province, Jingzhou, CHN, 361009
Sanan Optoelectronics Co Ltd is a China-based full-color ultra-high brightness LED epitaxial and chip manufacturer. It is engaged in the development, production, and sales of full-color and high brightness LED epitaxial wafers, chips, compound solar cells and high-powered condenser photovoltaic products. The products offered by the company are a sapphire substrate, an integrated circuit, solar battery, LED chip, optical communication chip and others.

Sanan Optoelectronics Co (SHSE:600703) Headlines

No Headlines