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Dongguan Yutong Optical Technology Co (SZSE:300790) Debt-to-EBITDA : 7.34 (As of Mar. 2024)


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What is Dongguan Yutong Optical Technology Co Debt-to-EBITDA?

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

Dongguan Yutong Optical Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,223 Mil. Dongguan Yutong Optical Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥803 Mil. Dongguan Yutong Optical Technology Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥276 Mil. Dongguan Yutong Optical Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 7.34.

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 Dongguan Yutong Optical Technology Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:300790' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 1.83   Max: 13.64
Current: 13.64

During the past 9 years, the highest Debt-to-EBITDA Ratio of Dongguan Yutong Optical Technology Co was 13.64. The lowest was 0.03. And the median was 1.83.

SZSE:300790's Debt-to-EBITDA is ranked worse than
93.27% of 1738 companies
in the Hardware industry
Industry Median: 1.795 vs SZSE:300790: 13.64

Dongguan Yutong Optical Technology Co Debt-to-EBITDA Historical Data

The historical data trend for Dongguan Yutong Optical 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.

Dongguan Yutong Optical Technology Co Debt-to-EBITDA Chart

Dongguan Yutong Optical Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 1.83 2.91 1.89 4.22 6.59

Dongguan Yutong Optical 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 16.80 11.47 16.19 31.07 7.34

Competitive Comparison of Dongguan Yutong Optical Technology Co's Debt-to-EBITDA

For the Consumer Electronics subindustry, Dongguan Yutong Optical 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.


Dongguan Yutong Optical Technology Co's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Dongguan Yutong Optical Technology Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Dongguan Yutong Optical Technology Co's Debt-to-EBITDA falls into.



Dongguan Yutong Optical Technology Co Debt-to-EBITDA Calculation

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

Dongguan Yutong Optical 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
=(1207.827 + 749.697) / 297.242
=6.59

Dongguan Yutong Optical 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
=(1223.389 + 803.272) / 275.948
=7.34

* 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.


Dongguan Yutong Optical Technology Co  (SZSE:300790) 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.


Dongguan Yutong Optical Technology Co Debt-to-EBITDA Related Terms

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


Dongguan Yutong Optical Technology Co (SZSE:300790) Business Description

Traded in Other Exchanges
N/A
Address
No. 306, Wushahuan East Road, Building D, Changtong Yukai Industrial Zone, Chang'an Town, Guangdong, Dongguan, CHN, 523850
Dongguan Yutong Optical Technology Co Ltd is a professional optical lens manufacturer in China. It is primarily engaged in the research and development, production, sales and after-sales service of Optical Parts, CCTV lens and related products. Most of the products are mainly used in CCTV surveillance, extending to industry, vehicle, consumer products and other fields.
Executives
Chen Tian Fu Directors, executives
Guan Qiu Sheng Executives
Zhang Zhan Jun Executives

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