Shiyue Daotian Group Co (HKSE:09676) Debt-to-EBITDA : 26.59 (As of Dec. 2023)

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What is Shiyue Daotian Group Co Debt-to-EBITDA?

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

Shiyue Daotian Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,120 Mil. Shiyue Daotian Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$21 Mil. Shiyue Daotian Group Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$43 Mil. Shiyue Daotian Group Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 26.59.

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 Shiyue Daotian Group Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:09676' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.82 Med: 2.58 Max: 26.59
Current: 26.59

During the past 4 years, the highest Debt-to-EBITDA Ratio of Shiyue Daotian Group Co was 26.59. The lowest was -0.82. And the median was 2.58.

HKSE:09676's Debt-to-EBITDA is ranked worse than
97.12% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs HKSE:09676: 26.59

Shiyue Daotian Group Co Debt-to-EBITDA Historical Data

The historical data trend for Shiyue Daotian Group 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.

Shiyue Daotian Group Co Debt-to-EBITDA Chart

Shiyue Daotian Group Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

5.69

-0.52

-0.82

26.59

Shiyue Daotian Group Co Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Debt-to-EBITDA	5.69	-0.52	-0.82	26.59

Competitive Comparison of Shiyue Daotian Group Co's Debt-to-EBITDA

For the Packaged Foods subindustry, Shiyue Daotian Group 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.

Shiyue Daotian Group Co's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shiyue Daotian Group Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Shiyue Daotian Group Co's Debt-to-EBITDA falls into.

Shiyue Daotian Group Co Debt-to-EBITDA Calculation

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

Shiyue Daotian Group 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
	=	(1119.997	+	21.293)	/	42.926
	=	26.59

Shiyue Daotian Group 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
	=	(1119.997	+	21.293)	/	42.926
	=	26.59

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.

Shiyue Daotian Group Co (HKSE:09676) 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.

Shiyue Daotian Group Co Debt-to-EBITDA Related Terms

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

Shiyue Daotian Group Co (HKSE:09676) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shiyue Daotian Group Co Ltd (HKSE:09676) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

2nd Floor, Building A, Yisha Wenxin Plaza, Chaoyang, Beijing, CHN

Website

https://www.shiyuedaotian.com

Shiyue Daotian Group Co Ltd is one of China's leading and rapidly growing pantry staple food companies, enjoying a robust multichannel brand presence. It has been dedicated to providing its consumers with pre-packaged premium rice, whole grain, bean, and dried food products.

Shiyue Daotian Group Co (HKSE:09676) Headlines

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