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NiSun International Enterprise Development Group Co (NiSun International Enterprise Development Group Co) Debt-to-EBITDA : N/A (As of Jun. 2023)


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What is NiSun International Enterprise Development Group Co Debt-to-EBITDA?

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

NiSun International Enterprise Development Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $1.5 Mil. NiSun International Enterprise Development Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $1.9 Mil. NiSun International Enterprise Development Group Co's annualized EBITDA for the quarter that ended in Jun. 2023 was $0.0 Mil.

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 NiSun International Enterprise Development Group Co's Debt-to-EBITDA or its related term are showing as below:

During the past 10 years, the highest Debt-to-EBITDA Ratio of NiSun International Enterprise Development Group Co was 1.02. The lowest was -2.01. And the median was 0.28.

NISN's Debt-to-EBITDA is not ranked *
in the Credit Services industry.
Industry Median: 7.505
* Ranked among companies with meaningful Debt-to-EBITDA only.

NiSun International Enterprise Development Group Co Debt-to-EBITDA Historical Data

The historical data trend for NiSun International Enterprise Development 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.

NiSun International Enterprise Development Group Co Debt-to-EBITDA Chart

NiSun International Enterprise Development Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.01 0.36 1.02 0.29 0.49

NiSun International Enterprise Development Group Co Quarterly Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.20 N/A N/A N/A

Competitive Comparison of NiSun International Enterprise Development Group Co's Debt-to-EBITDA

For the Credit Services subindustry, NiSun International Enterprise Development 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.


NiSun International Enterprise Development Group Co's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, NiSun International Enterprise Development Group Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where NiSun International Enterprise Development Group Co's Debt-to-EBITDA falls into.



NiSun International Enterprise Development Group Co Debt-to-EBITDA Calculation

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

NiSun International Enterprise Development Group 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
=(9.473 + 2.426) / 24.333
=0.49

NiSun International Enterprise Development Group 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
=(1.478 + 1.884) / 0
=N/A

* 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 four times the quarterly (Jun. 2023) EBITDA data.


NiSun International Enterprise Development Group Co  (NAS:NISN) 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.


NiSun International Enterprise Development Group Co Debt-to-EBITDA Related Terms

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


NiSun International Enterprise Development Group Co (NiSun International Enterprise Development Group Co) Business Description

Traded in Other Exchanges
N/A
Address
No. 55 Loushanguan Road, Floor 20-21, New Hongqiao Building, Changning District, Shanghai, CHN
NiSun International Enterprise Development Group Co Ltd is technology-driven, integrated supply chain solutions provider focused on transforming the corporate finance industry. Nisun is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and financial institutions. Through its subsidiaries, it provides users with professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and finance institutions, enabling the industry to strengthen and grow. At the same time, Nisun continues to deepen the field of industry segmentation through industrial and financial integration, by cultivating/creating an ecosystem of openness and empowerment.
Executives
Apex Trading Group Inc 10 percent owner 181 SPADINA RD., RICHMOND HILL A6 L4B3C5

NiSun International Enterprise Development Group Co (NiSun International Enterprise Development Group Co) Headlines