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Hangzhou Chang Chuan Technology Co (SZSE:300604) Debt-to-EBITDA : 19.22 (As of Mar. 2024)


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What is Hangzhou Chang Chuan Technology Co Debt-to-EBITDA?

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

Hangzhou Chang Chuan Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥699 Mil. Hangzhou Chang Chuan Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥509 Mil. Hangzhou Chang Chuan Technology Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥63 Mil. Hangzhou Chang Chuan Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 19.22.

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 Hangzhou Chang Chuan Technology Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:300604' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.27   Med: 0.54   Max: 8.91
Current: 8.91

During the past 12 years, the highest Debt-to-EBITDA Ratio of Hangzhou Chang Chuan Technology Co was 8.91. The lowest was 0.27. And the median was 0.54.

SZSE:300604's Debt-to-EBITDA is ranked worse than
89.58% of 710 companies
in the Semiconductors industry
Industry Median: 1.59 vs SZSE:300604: 8.91

Hangzhou Chang Chuan Technology Co Debt-to-EBITDA Historical Data

The historical data trend for Hangzhou Chang Chuan Technology 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.

Hangzhou Chang Chuan Technology Co Debt-to-EBITDA Chart

Hangzhou Chang Chuan Technology 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 1.79 1.62 0.27 0.54 7.61

Hangzhou Chang Chuan Technology 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 -2.61 2.58 -65.92 6.28 19.22

Competitive Comparison of Hangzhou Chang Chuan Technology Co's Debt-to-EBITDA

For the Semiconductor Equipment & Materials subindustry, Hangzhou Chang Chuan Technology 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.


Hangzhou Chang Chuan Technology Co's Debt-to-EBITDA Distribution in the Semiconductors Industry

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

* The bar in red indicates where Hangzhou Chang Chuan Technology Co's Debt-to-EBITDA falls into.



Hangzhou Chang Chuan Technology Co Debt-to-EBITDA Calculation

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

Hangzhou Chang Chuan Technology 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
=(741.713 + 347.794) / 143.16
=7.61

Hangzhou Chang Chuan Technology 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
=(699.048 + 508.593) / 62.836
=19.22

* 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.


Hangzhou Chang Chuan Technology Co  (SZSE:300604) 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.


Hangzhou Chang Chuan Technology Co Debt-to-EBITDA Related Terms

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


Hangzhou Chang Chuan Technology Co (SZSE:300604) Business Description

Traded in Other Exchanges
N/A
Address
No. 799 Jiangshu Road, Building No.3, 1st-2nd Floor and 3rd, 4th and 5th Floor A units, Zhejiang Province, Hangzhou, CHN, 310051
Hangzhou Chang Chuan Technology Co Ltd is a China based company engaged in the research and development, production and sales of integrated circuit equipment. Its product portfolio comprises of two product lines, namely Automatic sorting system and Test systems, to carry out research and development work. The Test systems product line comprises of CTA8280, CTT3280, CTT3600, CTT1000, and CTT3320. The Automatic sorting system comprises C1 series, C2 series, C3Q series, C7100/400, and C8 series, among others.

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