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Pang Da Automobile Trade Co (SHSE:601258) Debt-to-EBITDA : -241.37 (As of Mar. 2023)


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What is Pang Da Automobile Trade Co Debt-to-EBITDA?

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

Pang Da Automobile Trade Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ¥3,798 Mil. Pang Da Automobile Trade Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ¥3,206 Mil. Pang Da Automobile Trade Co's annualized EBITDA for the quarter that ended in Mar. 2023 was ¥-29 Mil. Pang Da Automobile Trade Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was -241.37.

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 Pang Da Automobile Trade Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:601258's Debt-to-EBITDA is not ranked *
in the Vehicles & Parts industry.
Industry Median: 2.36
* Ranked among companies with meaningful Debt-to-EBITDA only.

Pang Da Automobile Trade Co Debt-to-EBITDA Historical Data

The historical data trend for Pang Da Automobile Trade 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.

Pang Da Automobile Trade Co Debt-to-EBITDA Chart

Pang Da Automobile Trade 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 -3.78 2.40 3.93 3.08 -28.10

Pang Da Automobile Trade Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 131.70 5.49 -15.79 -1.53 -241.37

Competitive Comparison of Pang Da Automobile Trade Co's Debt-to-EBITDA

For the Auto & Truck Dealerships subindustry, Pang Da Automobile Trade 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.


Pang Da Automobile Trade Co's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pang Da Automobile Trade Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Pang Da Automobile Trade Co's Debt-to-EBITDA falls into.



Pang Da Automobile Trade Co Debt-to-EBITDA Calculation

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

Pang Da Automobile Trade 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
=(3562.857 + 3345.664) / -245.885
=-28.10

Pang Da Automobile Trade Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3797.715 + 3205.741) / -29.016
=-241.37

* 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. 2023) EBITDA data.


Pang Da Automobile Trade Co  (SHSE:601258) 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.


Pang Da Automobile Trade Co Debt-to-EBITDA Related Terms

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Pang Da Automobile Trade Co (SHSE:601258) Business Description

Traded in Other Exchanges
N/A
Address
South Side of Flyover, Luan County, Hebei Province, Tangshan, CHN, 063700
Pang Da Automobile Trade Co Ltd is an automobile marketing enterprise specializing in automobile sales service. The company sells various kinds of cars, including the passenger cars, commercial vehicles, and mini-cars. Geographically, the activities of the group are functioned through China.

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