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BGRIMM Technology Co (SHSE:600980) Debt-to-EBITDA : 0.07 (As of Mar. 2024)


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What is BGRIMM Technology Co Debt-to-EBITDA?

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

BGRIMM Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4.3 Mil. BGRIMM Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2.7 Mil. BGRIMM Technology Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥100.8 Mil. BGRIMM Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.07.

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

SHSE:600980' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.05   Med: 0.1   Max: 0.22
Current: 0.07

During the past 13 years, the highest Debt-to-EBITDA Ratio of BGRIMM Technology Co was 0.22. The lowest was 0.05. And the median was 0.10.

SHSE:600980's Debt-to-EBITDA is ranked better than
92.28% of 531 companies
in the Metals & Mining industry
Industry Median: 1.98 vs SHSE:600980: 0.07

BGRIMM Technology Co Debt-to-EBITDA Historical Data

The historical data trend for BGRIMM Technology 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.

BGRIMM Technology Co Debt-to-EBITDA Chart

BGRIMM Technology 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 - 0.22 0.11 0.09 0.05

BGRIMM Technology 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 0.10 0.11 0.09 0.08 0.07

Competitive Comparison of BGRIMM Technology Co's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, BGRIMM Technology 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.


BGRIMM Technology Co's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, BGRIMM Technology Co's Debt-to-EBITDA distribution charts can be found below:

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



BGRIMM Technology Co Debt-to-EBITDA Calculation

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

BGRIMM Technology 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
=(3.377 + 3.537) / 129.628
=0.05

BGRIMM Technology 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
=(4.344 + 2.653) / 100.776
=0.07

* 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.


BGRIMM Technology Co  (SHSE:600980) 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.


BGRIMM Technology Co Debt-to-EBITDA Related Terms

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


BGRIMM Technology Co (SHSE:600980) Business Description

Traded in Other Exchanges
N/A
Address
No. 188, South Fourth Ring Road West, 4th Floor, Building 23, Area 18, Fengtai District, Beijing, CHN, 100160
BGRIMM Technology Co Ltd, formerly BGRIMM Magnetic Materials & Technology Co Ltd is a China-based company. Its business activities are divided into mining equipment and magnetic materials division. Mining equipment division is engaged in research and development, production, and supporting technical consulting services for mining equipment. Its business scope includes flotation equipment, magnetic separation equipment, ore dressing auxiliary equipment, leaching tanks and other mining and smelting products. Magnetic materials division is engaged in the research and development, production, sales and comprehensive services of magnetic materials and devices. Magnetic material products include sintering permanent magnet ferrite, injection magnetic, and magnetic information recording material.
Executives
Sheng Zhong Yi Director
Lu Shi Jie senior management
Ran Hong Xiang senior management
Liu Yong Zhen Director
Luo Xiu Jian Director
Li Bing Shan Director
Liang Dian Yin Director
Li Hong Fa senior management

BGRIMM Technology Co (SHSE:600980) Headlines

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