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China Film Co (SHSE:600977) Debt-to-EBITDA : 2.15 (As of Mar. 2024)


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What is China Film Co Debt-to-EBITDA?

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

China Film Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥137 Mil. China Film Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,193 Mil. China Film Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥618 Mil. China Film Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.15.

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

SHSE:600977' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.71   Med: 0.12   Max: 5.87
Current: 3.35

During the past 13 years, the highest Debt-to-EBITDA Ratio of China Film Co was 5.87. The lowest was -10.71. And the median was 0.12.

SHSE:600977's Debt-to-EBITDA is ranked worse than
67.72% of 663 companies
in the Media - Diversified industry
Industry Median: 1.69 vs SHSE:600977: 3.35

China Film Co Debt-to-EBITDA Historical Data

The historical data trend for China Film 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.

China Film Co Debt-to-EBITDA Chart

China Film 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 0.01 -10.71 2.00 5.87 1.54

China Film 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 1.47 1.43 1.82 -1.53 2.15

Competitive Comparison of China Film Co's Debt-to-EBITDA

For the Entertainment subindustry, China Film 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.


China Film Co's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Film Co's Debt-to-EBITDA distribution charts can be found below:

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



China Film Co Debt-to-EBITDA Calculation

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

China Film 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
=(140.025 + 1231.843) / 893.242
=1.54

China Film 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
=(137.168 + 1192.668) / 618.34
=2.15

* 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.


China Film Co  (SHSE:600977) 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.


China Film Co Debt-to-EBITDA Related Terms

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


China Film Co (SHSE:600977) Business Description

Traded in Other Exchanges
N/A
Address
No. 7 Beizhan North Street, Block E, Huayuan Enterprise, Xicheng District, Beijing, CHN
China Film Co Ltd is a China-based company engaged in the production and distribution of films. It is also involved in the production of television programs, operating and managing theatres, and providing film screening, marketing, and brokerage services. The company's production areas include two-dimensional animation, three-dimensional animation, three-dimensional animation, grid-by-frame animation and other mainstream animation production at home and abroad. The production of the animation includes dolls, clay dolls, paper-cutting, sand and other forms, and further in-depth development of production equipment and processes overseas.

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