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Shenzhen Kingdom Sci-tech Co (SHSE:600446) Debt-to-EBITDA : -3.97 (As of Mar. 2024)


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What is Shenzhen Kingdom Sci-tech Co Debt-to-EBITDA?

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

Shenzhen Kingdom Sci-tech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,387 Mil. Shenzhen Kingdom Sci-tech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥24 Mil. Shenzhen Kingdom Sci-tech Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥-356 Mil. Shenzhen Kingdom Sci-tech Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -3.97.

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 Shenzhen Kingdom Sci-tech Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600446' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -90.35   Med: 2   Max: 3.65
Current: 3.65

During the past 13 years, the highest Debt-to-EBITDA Ratio of Shenzhen Kingdom Sci-tech Co was 3.65. The lowest was -90.35. And the median was 2.00.

SHSE:600446's Debt-to-EBITDA is ranked worse than
79.21% of 1616 companies
in the Software industry
Industry Median: 1.005 vs SHSE:600446: 3.65

Shenzhen Kingdom Sci-tech Co Debt-to-EBITDA Historical Data

The historical data trend for Shenzhen Kingdom Sci-tech 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.

Shenzhen Kingdom Sci-tech Co Debt-to-EBITDA Chart

Shenzhen Kingdom Sci-tech Co 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 2.67 1.77 2.22 2.49 3.06

Shenzhen Kingdom Sci-tech Co 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 -3.60 2.33 -16.86 0.96 -3.97

Competitive Comparison of Shenzhen Kingdom Sci-tech Co's Debt-to-EBITDA

For the Software - Application subindustry, Shenzhen Kingdom Sci-tech 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.


Shenzhen Kingdom Sci-tech Co's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Shenzhen Kingdom Sci-tech Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Shenzhen Kingdom Sci-tech Co's Debt-to-EBITDA falls into.



Shenzhen Kingdom Sci-tech Co Debt-to-EBITDA Calculation

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

Shenzhen Kingdom Sci-tech 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
=(1324.032 + 28.545) / 442.503
=3.06

Shenzhen Kingdom Sci-tech Co'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
=(1386.743 + 24.315) / -355.524
=-3.97

* 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.


Shenzhen Kingdom Sci-tech Co  (SHSE:600446) 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.


Shenzhen Kingdom Sci-tech Co Debt-to-EBITDA Related Terms

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


Shenzhen Kingdom Sci-tech Co (SHSE:600446) Business Description

Traded in Other Exchanges
N/A
Address
the 9th high-South Road, Shenzhen Science and Technology Parks, Nanshan District, Shenzhen, CHN, 518026
Shenzhen Kingdom Sci-tech Co Ltd operates as a financial technology company in China. It offers software in the fields of securities, funds, banking, futures, insurance, trust, integrated finance, and regulatory agencies.
Executives
Wang Hai Hang senior management
Zhong Gui Quan senior management
Zhao Jian Director
Xu Min Bo Director
Zhang Hai Long senior management
Zhou Zhi Chao senior management
Wang Qing Ruo senior management
Du Xuan Director
Li Jie Yi Director
Liu Ying Supervisors
Yin Ming senior management
Li Shi Cong Supervisors
Liu Xiong Ren Supervisors
Wu Xiao Lin senior management
Zhou Yong Hong senior management

Shenzhen Kingdom Sci-tech Co (SHSE:600446) Headlines

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