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Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co (HKSE:09663) Debt-to-EBITDA : -1.07 (As of Dec. 2023)


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What is Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Debt-to-EBITDA?

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

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$321.7 Mil. Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$83.5 Mil. Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-379.8 Mil. Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.07.

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 Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:09663' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.32   Med: -1.24   Max: -0.91
Current: -1.07

During the past 4 years, the highest Debt-to-EBITDA Ratio of Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co was -0.91. The lowest was -3.32. And the median was -1.24.

HKSE:09663's Debt-to-EBITDA is ranked worse than
100% of 2292 companies
in the Industrial Products industry
Industry Median: 1.75 vs HKSE:09663: -1.07

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Debt-to-EBITDA Historical Data

The historical data trend for Sino-Synergy Hydrogen Energy Technology (Jiaxing) 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.

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Debt-to-EBITDA Chart

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
-3.32 -0.91 -1.42 -1.07

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA -3.32 -0.91 -1.42 -1.07

Competitive Comparison of Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Sino-Synergy Hydrogen Energy Technology (Jiaxing) 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.


Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Debt-to-EBITDA falls into.



Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Debt-to-EBITDA Calculation

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

Sino-Synergy Hydrogen Energy Technology (Jiaxing) 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
=(321.699 + 83.506) / -379.839
=-1.07

Sino-Synergy Hydrogen Energy Technology (Jiaxing) 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
=(321.699 + 83.506) / -379.839
=-1.07

* 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 one times the quarterly (Dec. 2023) EBITDA data.


Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co  (HKSE:09663) 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.


Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co (HKSE:09663) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Room 501-2, Block No. 37, Hangzhou Bay New Economic Park, Port District, Zhejiang Province, Jiaxing City, CHN
Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co Ltd is a technology-based hydrogen fuel cell company in the PRC focusing on research, development, production, and sales of hydrogen fuel cell stacks and hydrogen fuel cell systems. Its products include flexible graphite bipolar plates, hydrogen fuel cell stacks, and hydrogen fuel cell systems.

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co (HKSE:09663) Headlines

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