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Inesa Intelligent Tech (SHSE:600602) Debt-to-EBITDA : 0.44 (As of Mar. 2024)


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What is Inesa Intelligent Tech Debt-to-EBITDA?

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

Inesa Intelligent Tech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥38 Mil. Inesa Intelligent Tech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥82 Mil. Inesa Intelligent Tech's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥272 Mil. Inesa Intelligent Tech's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.44.

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 Inesa Intelligent Tech's Debt-to-EBITDA or its related term are showing as below:

SHSE:600602' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.52   Max: 1
Current: 0.43

During the past 13 years, the highest Debt-to-EBITDA Ratio of Inesa Intelligent Tech was 1.00. The lowest was 0.03. And the median was 0.52.

SHSE:600602's Debt-to-EBITDA is ranked better than
66.87% of 1627 companies
in the Software industry
Industry Median: 1.04 vs SHSE:600602: 0.43

Inesa Intelligent Tech Debt-to-EBITDA Historical Data

The historical data trend for Inesa Intelligent Tech'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.

Inesa Intelligent Tech Debt-to-EBITDA Chart

Inesa Intelligent Tech 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 - 0.52 0.76 1.00 0.79

Inesa Intelligent Tech 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 1.40 0.97 0.60 1.53 0.44

Competitive Comparison of Inesa Intelligent Tech's Debt-to-EBITDA

For the Software - Infrastructure subindustry, Inesa Intelligent Tech'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.


Inesa Intelligent Tech's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Inesa Intelligent Tech's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Inesa Intelligent Tech's Debt-to-EBITDA falls into.



Inesa Intelligent Tech Debt-to-EBITDA Calculation

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

Inesa Intelligent Tech'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
=(39.478 + 235.855) / 347.52
=0.79

Inesa Intelligent Tech'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
=(38.224 + 82.422) / 271.564
=0.44

* 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.


Inesa Intelligent Tech  (SHSE:600602) 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.


Inesa Intelligent Tech Debt-to-EBITDA Related Terms

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


Inesa Intelligent Tech (SHSE:600602) Business Description

Traded in Other Exchanges
Address
No. 200 Zhang Heng Road, Zhangjiang Hi-Tech Park, Building 1, 2nd Floor, Pudong New Area, Shanghai, CHN
Inesa Intelligent Tech Inc is an information technology company. It is a cloud computing and big data, business intelligence solutions and products for the core business of specialized information technology services company.

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