GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Lichen China Ltd (NAS:LICN) » Definitions » Debt-to-EBITDA

Lichen China (Lichen China) Debt-to-EBITDA : 0.01 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Lichen China Debt-to-EBITDA?

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

Lichen China's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.10 Mil. Lichen China's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.03 Mil. Lichen China's annualized EBITDA for the quarter that ended in Dec. 2023 was $18.81 Mil. Lichen China's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.01.

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 Lichen China's Debt-to-EBITDA or its related term are showing as below:

LICN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.03
Current: 0.01

During the past 4 years, the highest Debt-to-EBITDA Ratio of Lichen China was 0.03. The lowest was 0.01. And the median was 0.02.

LICN's Debt-to-EBITDA is ranked better than
99.88% of 829 companies
in the Business Services industry
Industry Median: 1.88 vs LICN: 0.01

Lichen China Debt-to-EBITDA Historical Data

The historical data trend for Lichen China'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.

Lichen China Debt-to-EBITDA Chart

Lichen China Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
0.03 0.03 0.02 0.01

Lichen China Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial 0.03 - 0.02 0.03 0.01

Competitive Comparison of Lichen China's Debt-to-EBITDA

For the Specialty Business Services subindustry, Lichen China'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.


Lichen China's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Lichen China's Debt-to-EBITDA distribution charts can be found below:

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



Lichen China Debt-to-EBITDA Calculation

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

Lichen China'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
=(0.095 + 0.034) / 15.182
=0.01

Lichen China'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
=(0.095 + 0.034) / 18.814
=0.01

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


Lichen China  (NAS:LICN) 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.


Lichen China Debt-to-EBITDA Related Terms

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


Lichen China (Lichen China) Business Description

Traded in Other Exchanges
N/A
Address
888 Century Avenue Meiling Street, Tower 3, Jinjiang Wanda Plaza Commercial Complex, B2306, Block B, Fujian Province, Jinjiang, CHN, 362000
Lichen China Ltd is a holding company. The company, along with its subsidiaries provides financial and taxation solution services; education support services; and software and maintenance services. The company generates Majority revenue from Financial and taxation solution services.