Sunrise New Energy Co (Sunrise New Energy Co) Debt-to-EBITDA : -1.98 (As of Jun. 2023)

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What is Sunrise New Energy Co Debt-to-EBITDA?

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

Sunrise New Energy Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $8.27 Mil. Sunrise New Energy Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $7.22 Mil. Sunrise New Energy Co's annualized EBITDA for the quarter that ended in Jun. 2023 was $-7.82 Mil. Sunrise New Energy Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -1.98.

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 Sunrise New Energy Co's Debt-to-EBITDA or its related term are showing as below:

EPOW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.17 Med: -0.01 Max: 0.03
Current: -1.17

During the past 6 years, the highest Debt-to-EBITDA Ratio of Sunrise New Energy Co was 0.03. The lowest was -1.17. And the median was -0.01.

EPOW's Debt-to-EBITDA is ranked worse than
100% of 2298 companies
in the Industrial Products industry
Industry Median: 1.75 vs EPOW: -1.17

Sunrise New Energy Co Debt-to-EBITDA Historical Data

The historical data trend for Sunrise New Energy 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.

Sunrise New Energy Co Debt-to-EBITDA Chart

Sunrise New Energy Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-EBITDA

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0.03

-0.02

-0.85

Sunrise New Energy Co Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-EBITDA	Get a 7-Day Free Trial							-0.19	-0.01	-0.01	-0.62	-1.98

Competitive Comparison of Sunrise New Energy Co's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Sunrise New Energy 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.

Sunrise New Energy Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sunrise New Energy Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sunrise New Energy Co's Debt-to-EBITDA falls into.

Sunrise New Energy Co Debt-to-EBITDA Calculation

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

Sunrise New Energy Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(7.583	+	4.079)	/	-13.758
	=	-0.85

Sunrise New Energy Co'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
	=	(8.27	+	7.217)	/	-7.824
	=	-1.98

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.

Sunrise New Energy Co (NAS:EPOW) 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.

Sunrise New Energy Co Debt-to-EBITDA Related Terms

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

Sunrise New Energy Co (Sunrise New Energy Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sunrise New Energy Co Ltd (NAS:EPOW) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 69 Sanying Road, Zibo Science and Technology Industrial Entrepreneurship Park, Room 703, West Zone, R&D Building, Zhangdian District, Shandong Province, Zibo City, CHN

Website

https://www.sunrisenewenergy.com

Sunrise New Energy Co Ltd is engaged in the manufacturing and sale of graphite anode material for EVs and other lithium-ion batteries. The Company's joint venture is into the construction of a manufacturing plant in Guizhou Province. The plant runs on inexpensive electricity from renewable sources that enables the group to be a low-cost and low environmental impact producer of graphite anode material, Its products include GS-1, GS-2, GS-3, GZD-1, GLD-1, and GZ-1.