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Metallurgical of China (SHSE:601618) Debt-to-EBITDA : 6.30 (As of Mar. 2024)


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What is Metallurgical of China Debt-to-EBITDA?

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

Metallurgical of China's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥65,613 Mil. Metallurgical of China's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥42,823 Mil. Metallurgical of China's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥17,209 Mil. Metallurgical of China's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 6.30.

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

SHSE:601618' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.87   Med: 5.29   Max: 7.18
Current: 7.18

During the past 13 years, the highest Debt-to-EBITDA Ratio of Metallurgical of China was 7.18. The lowest was 2.87. And the median was 5.29.

SHSE:601618's Debt-to-EBITDA is ranked worse than
80.26% of 1312 companies
in the Construction industry
Industry Median: 2.31 vs SHSE:601618: 7.18

Metallurgical of China Debt-to-EBITDA Historical Data

The historical data trend for Metallurgical of China'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.

Metallurgical of China Debt-to-EBITDA Chart

Metallurgical of China 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 4.95 3.79 3.09 2.87 3.65

Metallurgical of China 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 3.99 4.00 7.66 8.93 6.30

Competitive Comparison of Metallurgical of China's Debt-to-EBITDA

For the Engineering & Construction subindustry, Metallurgical of China'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.


Metallurgical of China's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Metallurgical of China's Debt-to-EBITDA distribution charts can be found below:

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



Metallurgical of China Debt-to-EBITDA Calculation

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

Metallurgical of China'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
=(36264.88 + 37970.136) / 20344.138
=3.65

Metallurgical of China'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
=(65612.728 + 42822.611) / 17208.696
=6.30

* 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.


Metallurgical of China  (SHSE:601618) 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.


Metallurgical of China Debt-to-EBITDA Related Terms

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


Metallurgical of China (SHSE:601618) Business Description

Traded in Other Exchanges
Address
No. 28, Shuguang Xili, MCC Tower, Chaoyang DIstrict, Beijing, CHN, 100028
Metallurgical Corp of China Ltd is a metallurgical engineering and construction group operating primarily in China. The segments through which business is conducted are Engineering contracting business, the Property development business, Equipment Manufacturing business, the Resource development business, and Other businesses. It generates most revenues from the Engineering contracting business segment. Geographically, it derives most of its revenue from China.
Executives
Jing Tian Liang Director
Wang Xiu Feng senior management
Peng Hai Qing Supervisors
Huang Dan senior management
Shao Bo Supervisors
Li Shi Yu senior management
Kang Cheng Ye senior management
Wang Yong Guang senior management
Chen Yong Kuan Director
Zhang Zhao Xiang senior management
Shen He Ting Director
Guo Wen Qing Director
Han Zhang Lin Supervisors
Wang Wei Min Director

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