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Jiangxi Changyun Co (SHSE:600561) Debt-to-EBITDA : -110.54 (As of Mar. 2024)


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What is Jiangxi Changyun Co Debt-to-EBITDA?

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

Jiangxi Changyun Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,845 Mil. Jiangxi Changyun Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥193 Mil. Jiangxi Changyun Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥-18 Mil. Jiangxi Changyun Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -110.54.

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

SHSE:600561' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.57   Med: 4.82   Max: 25.32
Current: 25.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of Jiangxi Changyun Co was 25.32. The lowest was 1.57. And the median was 4.82.

SHSE:600561's Debt-to-EBITDA is ranked worse than
97.14% of 840 companies
in the Transportation industry
Industry Median: 2.835 vs SHSE:600561: 25.32

Jiangxi Changyun Co Debt-to-EBITDA Historical Data

The historical data trend for Jiangxi Changyun 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.

Jiangxi Changyun Co Debt-to-EBITDA Chart

Jiangxi Changyun 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 8.67 14.28 4.51 6.09 5.12

Jiangxi Changyun 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 -18.94 11.35 21.31 13.78 -110.54

Competitive Comparison of Jiangxi Changyun Co's Debt-to-EBITDA

For the Railroads subindustry, Jiangxi Changyun 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.


Jiangxi Changyun Co's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jiangxi Changyun Co's Debt-to-EBITDA distribution charts can be found below:

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



Jiangxi Changyun Co Debt-to-EBITDA Calculation

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

Jiangxi Changyun 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
=(1393.336 + 193.679) / 309.7
=5.12

Jiangxi Changyun 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
=(1844.952 + 192.979) / -18.436
=-110.54

* 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.


Jiangxi Changyun Co  (SHSE:600561) 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.


Jiangxi Changyun Co Debt-to-EBITDA Related Terms

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


Jiangxi Changyun Co (SHSE:600561) Business Description

Traded in Other Exchanges
N/A
Address
No. 759 Huoju Street, New and High Technology Industrial Development Zone, Nanchang, Jiangxi, CHN, 330029
Jiangxi Changyun Co Ltd provides transportation services and is mainly engaged in the construction of road passenger and passenger stations. The company is also involved in the maintenance of the transport business, travel services, logistics, car rental, and property management.
Executives
Liu Gang Director
Su Yue Hong Supervisors
Luo Ding Bin senior management
Ceng Guo Hui Supervisors
Xie Jing Quan senior management
Xie Wei Director
Wang Ting Wei senior management
Xu Zhi Fang Supervisors
Jiang Bin senior management
Hu Jian Ping senior management
Chen Gan Ping senior management
Wang Su Xin senior management
Zhou Guo Shun senior management
Zhang Wei Jin senior management
Lei He Ming senior management

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