Deewin Tianxia Co (HKSE:02418) Debt-to-EBITDA : 25.60 (As of Dec. 2023)

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What is Deewin Tianxia Co Debt-to-EBITDA?

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

Deewin Tianxia Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4,522 Mil. Deewin Tianxia Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$613 Mil. Deewin Tianxia Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$201 Mil. Deewin Tianxia Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 25.60.

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

HKSE:02418' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 10.53 Med: 12.81 Max: 18.2
Current: 18.2

During the past 5 years, the highest Debt-to-EBITDA Ratio of Deewin Tianxia Co was 18.20. The lowest was 10.53. And the median was 12.81.

HKSE:02418's Debt-to-EBITDA is ranked worse than
95.62% of 1051 companies
in the Vehicles & Parts industry
Industry Median: 2.4 vs HKSE:02418: 18.20

Deewin Tianxia Co Debt-to-EBITDA Historical Data

The historical data trend for Deewin Tianxia 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.

Deewin Tianxia Co Debt-to-EBITDA Chart

Deewin Tianxia Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

12.59

13.63

10.53

12.81

15.56

Deewin Tianxia Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			15.39	16.82	16.30	12.57	25.60

Competitive Comparison of Deewin Tianxia Co's Debt-to-EBITDA

For the Auto & Truck Dealerships subindustry, Deewin Tianxia 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.

Deewin Tianxia Co's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Deewin Tianxia Co's Debt-to-EBITDA distribution charts can be found below:

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

Deewin Tianxia Co Debt-to-EBITDA Calculation

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

Deewin Tianxia 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
	=	(4521.621	+	613.215)	/	330.046
	=	15.56

Deewin Tianxia Co's annualized Debt-to-EBITDA for the quarter 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
	=	(4521.621	+	613.215)	/	200.55
	=	25.60

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 (Dec. 2023) EBITDA data.

Deewin Tianxia Co (HKSE:02418) 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.

Deewin Tianxia Co Debt-to-EBITDA Related Terms

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

Deewin Tianxia Co (HKSE:02418) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Deewin Tianxia Co Ltd (HKSE:02418) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

29 West Section of Xijin Road, Building 1, Jingwei Centre, 16th Floor, Unit 1, Economic and Technological Development Zone, Jingwei New City, Shaanxi, Xi’an, CHN

Website

http://www.deewintx.com

Deewin Tianxia Co Ltd is principally engaged in the business of logistics and supply chain service including supply chain business, automobile sales business and aftermarket product business, supply chain financial service including financial leasing business, factoring business and insurance brokerage business, and internet of vehicle and data service in China to players along the commercial automobile industry chain. Commercial automobiles, mainly include trucks, pickups, trailers, buses and lorries.

Deewin Tianxia Co (HKSE:02418) Headlines

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