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SAIC Motor (SHSE:600104) Debt-to-EBITDA : 11.62 (As of Mar. 2024)


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What is SAIC Motor Debt-to-EBITDA?

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

SAIC Motor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥128,211 Mil. SAIC Motor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥73,456 Mil. SAIC Motor's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥17,357 Mil. SAIC Motor's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 11.62.

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 SAIC Motor's Debt-to-EBITDA or its related term are showing as below:

SHSE:600104' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.36   Med: 2.1   Max: 7.56
Current: 7.56

During the past 13 years, the highest Debt-to-EBITDA Ratio of SAIC Motor was 7.56. The lowest was 0.36. And the median was 2.10.

SHSE:600104's Debt-to-EBITDA is ranked worse than
86.93% of 1048 companies
in the Vehicles & Parts industry
Industry Median: 2.39 vs SHSE:600104: 7.56

SAIC Motor Debt-to-EBITDA Historical Data

The historical data trend for SAIC Motor'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.

SAIC Motor Debt-to-EBITDA Chart

SAIC Motor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.46 3.36 2.70 4.19 4.05

SAIC Motor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.94 5.01 4.78 10.69 11.62

Competitive Comparison of SAIC Motor's Debt-to-EBITDA

For the Auto Manufacturers subindustry, SAIC Motor'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.


SAIC Motor's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

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

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



SAIC Motor Debt-to-EBITDA Calculation

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

SAIC Motor'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
=(121406.762 + 73544.118) / 48133.96
=4.05

SAIC Motor's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(128211.02 + 73455.965) / 17356.956
=11.62

* 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 (Mar. 2024) EBITDA data.


SAIC Motor  (SHSE:600104) 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.


SAIC Motor Debt-to-EBITDA Related Terms

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


SAIC Motor (SHSE:600104) Business Description

Traded in Other Exchanges
N/A
Address
489 Weihai Road, Shanghai, CHN, 200041
SAIC Motor Corp Ltd builds and sells passenger cars and commercial vehicles. It is exploring intelligent driving technology research and industrialization of exploration. It is engaged in the research, production, and sales of parts for motor drive systems, chassis systems, batteries, electric drives, power electronics, and other new energy vehicles. Further, it is also involved in auto-related services such as logistics, e-commerce, travel, energy saving, and charging services; auto-related finance, insurance, and investment services; and the layout of industries of big data and artificial intelligence.

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