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Anhui Huaertai Chemical Co (SZSE:001217) Debt-to-EBITDA

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

Anhui Huaertai Chemical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥80 Mil. Anhui Huaertai Chemical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. Anhui Huaertai Chemical Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥142 Mil. Anhui Huaertai Chemical Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.56.

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 Anhui Huaertai Chemical Co's Debt-to-EBITDA or its related term are showing as below:

During the past 7 years, the highest Debt-to-EBITDA Ratio of Anhui Huaertai Chemical Co was 0.63. The lowest was 0.00. And the median was 0.39.

SZSE:001217's Debt-to-EBITDA is not ranked *
in the Chemicals industry.
Industry Median: 2.18
* Ranked among companies with meaningful Debt-to-EBITDA only.

Anhui Huaertai Chemical Co Debt-to-EBITDA Historical Data

The historical data trend for Anhui Huaertai Chemical 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.

Anhui Huaertai Chemical Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Premium Member Only Premium Member Only 0.19 0.11 - - -

Anhui Huaertai Chemical Co Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only - - - - 0.56

Competitive Comparison

For the Specialty Chemicals subindustry, Anhui Huaertai Chemical 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.


Anhui Huaertai Chemical Co Debt-to-EBITDA Distribution

For the Chemicals industry and Basic Materials sector, Anhui Huaertai Chemical Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Anhui Huaertai Chemical Co's Debt-to-EBITDA falls into.



Anhui Huaertai Chemical Co Debt-to-EBITDA Calculation

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

Anhui Huaertai Chemical 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
=(0.757 + 0) / 298.223
=0.00

Anhui Huaertai Chemical 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
=(80.242 + 0) / 142.424
=0.56

* 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.


Anhui Huaertai Chemical Co  (SZSE:001217) 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.


Anhui Huaertai Chemical Co Debt-to-EBITDA Related Terms

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Anhui Huaertai Chemical Co (SZSE:001217) Business Description

Traded in Other Exchanges
N/A
Address
Xiangyu Town, Anhui Province, Dongzhi, CHN, 247260
Anhui Huaertai Chemical Co Ltd is engaged in the research and development, production and sales of chemical products.

Anhui Huaertai Chemical Co (SZSE:001217) Headlines

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