Zhibao Technology (Zhibao Technology) Debt-to-EBITDA : -0.34 (As of Jun. 2023)

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What is Zhibao Technology Debt-to-EBITDA?

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

Zhibao Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $4.09 Mil. Zhibao Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.32 Mil. Zhibao Technology's annualized EBITDA for the quarter that ended in Jun. 2023 was $-13.04 Mil. Zhibao Technology's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -0.34.

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 Zhibao Technology's Debt-to-EBITDA or its related term are showing as below:

ZBAO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.19 Med: -0.82 Max: 1.77
Current: -0.83

During the past 3 years, the highest Debt-to-EBITDA Ratio of Zhibao Technology was 1.77. The lowest was -1.19. And the median was -0.82.

ZBAO's Debt-to-EBITDA is ranked worse than
100% of 298 companies
in the Insurance industry
Industry Median: 1.415 vs ZBAO: -0.83

Zhibao Technology Debt-to-EBITDA Historical Data

The historical data trend for Zhibao Technology'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.

Zhibao Technology Debt-to-EBITDA Chart

Zhibao Technology Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-EBITDA

-1.19

1.77

-0.82

Zhibao Technology Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-EBITDA	N/A	-	1.93	1.93	-0.34

Competitive Comparison of Zhibao Technology's Debt-to-EBITDA

For the Insurance Brokers subindustry, Zhibao Technology'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.

Zhibao Technology's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Zhibao Technology's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Zhibao Technology's Debt-to-EBITDA falls into.

Zhibao Technology Debt-to-EBITDA Calculation

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

Zhibao Technology's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(4.088	+	0.317)	/	-5.349
	=	-0.82

Zhibao Technology's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(4.088	+	0.317)	/	-13.042
	=	-0.34

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 two times the quarterly (Jun. 2023) EBITDA data.

Zhibao Technology (NAS:ZBAO) 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.

Zhibao Technology Debt-to-EBITDA Related Terms

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

Zhibao Technology (Zhibao Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zhibao Technology Inc (NAS:ZBAO) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Floor 3, Building 6, Wuxing Road, Lane 727, Shanghai, CHN, 201204

Website

https://www.zhibao-tech.com

Zhibao Technology Inc is a insurance technology company primarily engaged in providing digital insurance brokerage services in China. 2B2C digital embedded insurance is their innovative business model which they pioneered in China. They provide customized digital insurance solutions for B-side channels (covering a wide range of industries and organizations, including but not limited to Internet platforms, large and medium-sized enterprises, and government agencies, etc.), embedding them into the channel's existing business matrix, and providing the channel with Provide digital insurance brokerage services to C-end customers.

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