GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Bide Pharmatech Co Ltd (SHSE:688073) » Definitions » Debt-to-EBITDA

Bide Pharmatech Co (SHSE:688073) Debt-to-EBITDA : 0.69 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Bide Pharmatech Co Debt-to-EBITDA?

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

Bide Pharmatech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥57 Mil. Bide Pharmatech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥32 Mil. Bide Pharmatech Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥129 Mil. Bide Pharmatech Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.69.

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

SHSE:688073' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.89   Med: 0.29   Max: 2.68
Current: 0.76

During the past 6 years, the highest Debt-to-EBITDA Ratio of Bide Pharmatech Co was 2.68. The lowest was -1.89. And the median was 0.29.

SHSE:688073's Debt-to-EBITDA is ranked better than
66.21% of 657 companies
in the Drug Manufacturers industry
Industry Median: 1.69 vs SHSE:688073: 0.76

Bide Pharmatech Co Debt-to-EBITDA Historical Data

The historical data trend for Bide Pharmatech 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.

Bide Pharmatech Co Debt-to-EBITDA Chart

Bide Pharmatech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 2.68 0.55 0.22 0.21 0.37

Bide Pharmatech Co Quarterly Data
Dec18 Dec19 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 0.22 0.25 0.41 -2.87 0.69

Competitive Comparison of Bide Pharmatech Co's Debt-to-EBITDA

For the Drug Manufacturers - Specialty & Generic subindustry, Bide Pharmatech 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.


Bide Pharmatech Co's Debt-to-EBITDA Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Bide Pharmatech Co's Debt-to-EBITDA distribution charts can be found below:

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



Bide Pharmatech Co Debt-to-EBITDA Calculation

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

Bide Pharmatech 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
=(16.111 + 41.186) / 155.456
=0.37

Bide Pharmatech 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
=(56.799 + 32.041) / 128.668
=0.69

* 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.


Bide Pharmatech Co  (SHSE:688073) 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.


Bide Pharmatech Co Debt-to-EBITDA Related Terms

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


Bide Pharmatech Co (SHSE:688073) Business Description

Traded in Other Exchanges
N/A
Address
No. 128, Xiangyin Road, Room 101, Block A, Building 11, Yangpu District, Shanghai, CHN, 200433
Bide Pharmatech Co Ltd is engaged in the research and development, design, production and sales of drug molecular building blocks.

Bide Pharmatech Co (SHSE:688073) Headlines

No Headlines