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Gohigh Networks Co (SZSE:000851) Debt-to-EBITDA : 17.80 (As of Sep. 2023)


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What is Gohigh Networks Co Debt-to-EBITDA?

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

Gohigh Networks Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥1,501 Mil. Gohigh Networks Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥92 Mil. Gohigh Networks Co's annualized EBITDA for the quarter that ended in Sep. 2023 was ¥90 Mil. Gohigh Networks Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 17.80.

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

SZSE:000851' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -397.38   Med: 5.24   Max: 31.28
Current: -397.38

During the past 13 years, the highest Debt-to-EBITDA Ratio of Gohigh Networks Co was 31.28. The lowest was -397.38. And the median was 5.24.

SZSE:000851's Debt-to-EBITDA is ranked worse than
100% of 1739 companies
in the Hardware industry
Industry Median: 1.78 vs SZSE:000851: -397.38

Gohigh Networks Co Debt-to-EBITDA Historical Data

The historical data trend for Gohigh Networks 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.

Gohigh Networks Co Debt-to-EBITDA Chart

Gohigh Networks 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 7.66 6.59 31.28 6.64 4.64

Gohigh Networks 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 -8.99 -3.90 12.48 11.17 17.80

Competitive Comparison of Gohigh Networks Co's Debt-to-EBITDA

For the Communication Equipment subindustry, Gohigh Networks 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.


Gohigh Networks Co's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



Gohigh Networks Co Debt-to-EBITDA Calculation

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

Gohigh Networks 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
=(1381.238 + 80.898) / 314.987
=4.64

Gohigh Networks 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
=(1500.594 + 92.495) / 89.52
=17.80

* 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.


Gohigh Networks Co  (SZSE:000851) 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.


Gohigh Networks Co Debt-to-EBITDA Related Terms

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


Gohigh Networks Co (SZSE:000851) Business Description

Traded in Other Exchanges
N/A
Address
Gui'an Comprehensive Bonded Zone, No. 610-210, 6th Floor, Building B, E-Commerce Science and Technology Park, New District, Guizhou Province, Gui'an, CHN, 100083
Gohigh Networks Co Ltd is a China-based company engaged in the manufacture of communication equipment.

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