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Shanghai Tianchen Co (SHSE:600620) Debt-to-EBITDA : -5.46 (As of Mar. 2024)


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What is Shanghai Tianchen Co Debt-to-EBITDA?

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

Shanghai Tianchen Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥40.8 Mil. Shanghai Tianchen Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥367.9 Mil. Shanghai Tianchen Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥-74.9 Mil. Shanghai Tianchen Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -5.46.

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

SHSE:600620' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.79   Med: 6.31   Max: 18.28
Current: 18.28

During the past 13 years, the highest Debt-to-EBITDA Ratio of Shanghai Tianchen Co was 18.28. The lowest was 4.79. And the median was 6.31.

SHSE:600620's Debt-to-EBITDA is ranked worse than
83.6% of 1250 companies
in the Real Estate industry
Industry Median: 6.035 vs SHSE:600620: 18.28

Shanghai Tianchen Co Debt-to-EBITDA Historical Data

The historical data trend for Shanghai Tianchen 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.

Shanghai Tianchen Co Debt-to-EBITDA Chart

Shanghai Tianchen 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 - - - 7.82 4.79

Shanghai Tianchen 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 8.80 20.14 3.16 -25.56 -5.46

Competitive Comparison of Shanghai Tianchen Co's Debt-to-EBITDA

For the Real Estate Services subindustry, Shanghai Tianchen 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.


Shanghai Tianchen Co's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Tianchen Co's Debt-to-EBITDA distribution charts can be found below:

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



Shanghai Tianchen Co Debt-to-EBITDA Calculation

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

Shanghai Tianchen 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
=(28.8 + 369.932) / 83.243
=4.79

Shanghai Tianchen 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
=(40.8 + 367.932) / -74.884
=-5.46

* 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.


Shanghai Tianchen Co  (SHSE:600620) 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.


Shanghai Tianchen Co Debt-to-EBITDA Related Terms

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


Shanghai Tianchen Co (SHSE:600620) Business Description

Traded in Other Exchanges
N/A
Address
29th Floor, 8 Xianxia Road, Changning District,, Shanghai, CHN, 200336
Shanghai Tianchen Co Ltd is engaged in the property leasing and property management activities. Further it is also involved in the Taxi operations.
Executives
Chen Fu Sun Director

Shanghai Tianchen Co (SHSE:600620) Headlines

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