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Everdisplay Optronics Shanghai Co (SHSE:688538) Debt-to-EBITDA : -7.27 (As of Mar. 2024)


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What is Everdisplay Optronics Shanghai Co Debt-to-EBITDA?

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

Everdisplay Optronics Shanghai Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,906 Mil. Everdisplay Optronics Shanghai Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥12,674 Mil. Everdisplay Optronics Shanghai Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥-2,005 Mil. Everdisplay Optronics Shanghai Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -7.27.

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

SHSE:688538' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -16.12   Med: -9.54   Max: 249.92
Current: -4.99

During the past 7 years, the highest Debt-to-EBITDA Ratio of Everdisplay Optronics Shanghai Co was 249.92. The lowest was -16.12. And the median was -9.54.

SHSE:688538's Debt-to-EBITDA is ranked worse than
100% of 1738 companies
in the Hardware industry
Industry Median: 1.795 vs SHSE:688538: -4.99

Everdisplay Optronics Shanghai Co Debt-to-EBITDA Historical Data

The historical data trend for Everdisplay Optronics Shanghai 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.

Everdisplay Optronics Shanghai Co Debt-to-EBITDA Chart

Everdisplay Optronics Shanghai Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -12.89 249.92 54.58 73.90 -14.10

Everdisplay Optronics Shanghai Co Quarterly Data
Dec18 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 -11.24 -4.61 -3.71 -4.97 -7.27

Competitive Comparison of Everdisplay Optronics Shanghai Co's Debt-to-EBITDA

For the Electronic Components subindustry, Everdisplay Optronics Shanghai 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.


Everdisplay Optronics Shanghai Co's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Everdisplay Optronics Shanghai Co's Debt-to-EBITDA distribution charts can be found below:

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



Everdisplay Optronics Shanghai Co Debt-to-EBITDA Calculation

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

Everdisplay Optronics Shanghai 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
=(1756.437 + 12443.558) / -1007.11
=-14.10

Everdisplay Optronics Shanghai 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
=(1905.567 + 12673.91) / -2004.78
=-7.27

* 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.


Everdisplay Optronics Shanghai Co  (SHSE:688538) 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.


Everdisplay Optronics Shanghai Co Debt-to-EBITDA Related Terms

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


Everdisplay Optronics Shanghai Co (SHSE:688538) Business Description

Traded in Other Exchanges
N/A
Address
No. 1568, Jiugong Road, Jinshan Industrial Zone, Shanghai, CHN, 201506
Everdisplay Optronics Shanghai Co Ltd is engaged in the research and development, production and sales of small and medium-sized AMOLED semiconductor display panels.
Executives
Zhang Bin senior management
Liu Hui Ran Directors, senior managers
Liang Xiao senior management
Li Feng Ling senior management
Chen Zhi Hong senior management
Fu Wen Biao Director

Everdisplay Optronics Shanghai Co (SHSE:688538) Headlines

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