GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jiangsu Provincial Agricultural Reclamation and Development Co Ltd (SHSE:601952) » Definitions » Debt-to-EBITDA

Jiangsu Provincial Agricultural Reclamation and Development Co (SHSE:601952) Debt-to-EBITDA : 6.60 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Jiangsu Provincial Agricultural Reclamation and Development Co Debt-to-EBITDA?

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

Jiangsu Provincial Agricultural Reclamation and Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥541 Mil. Jiangsu Provincial Agricultural Reclamation and Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4,571 Mil. Jiangsu Provincial Agricultural Reclamation and Development Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥775 Mil. Jiangsu Provincial Agricultural Reclamation and Development Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 6.60.

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 Jiangsu Provincial Agricultural Reclamation and Development Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:601952' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.13   Med: 0.84   Max: 6.05
Current: 4.63

During the past 12 years, the highest Debt-to-EBITDA Ratio of Jiangsu Provincial Agricultural Reclamation and Development Co was 6.05. The lowest was 0.13. And the median was 0.84.

SHSE:601952's Debt-to-EBITDA is ranked worse than
73.68% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 2.13 vs SHSE:601952: 4.63

Jiangsu Provincial Agricultural Reclamation and Development Co Debt-to-EBITDA Historical Data

The historical data trend for Jiangsu Provincial Agricultural Reclamation and Development 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.

Jiangsu Provincial Agricultural Reclamation and Development Co Debt-to-EBITDA Chart

Jiangsu Provincial Agricultural Reclamation and Development 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 0.17 6.05 3.40 3.21 2.94

Jiangsu Provincial Agricultural Reclamation and Development 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 7.08 6.40 4.26 3.50 6.60

Competitive Comparison of Jiangsu Provincial Agricultural Reclamation and Development Co's Debt-to-EBITDA

For the Farm Products subindustry, Jiangsu Provincial Agricultural Reclamation and Development 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.


Jiangsu Provincial Agricultural Reclamation and Development Co's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiangsu Provincial Agricultural Reclamation and Development Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Jiangsu Provincial Agricultural Reclamation and Development Co's Debt-to-EBITDA falls into.



Jiangsu Provincial Agricultural Reclamation and Development Co Debt-to-EBITDA Calculation

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

Jiangsu Provincial Agricultural Reclamation and Development 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
=(568.404 + 4549.214) / 1743.018
=2.94

Jiangsu Provincial Agricultural Reclamation and Development 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
=(541.21 + 4570.55) / 774.98
=6.60

* 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.


Jiangsu Provincial Agricultural Reclamation and Development Co  (SHSE:601952) 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.


Jiangsu Provincial Agricultural Reclamation and Development Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Jiangsu Provincial Agricultural Reclamation and Development Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Jiangsu Provincial Agricultural Reclamation and Development Co (SHSE:601952) Business Description

Traded in Other Exchanges
N/A
Address
No.359 Jiangdong Middle Road, 24th Floor, Guorui Building, Jianye District, Jiangsu Province, Nanjing, CHN, 210019
Jiangsu Provincial Agricultural Reclamation and Development Co Ltd is a China-based agricultural company. It is engaged in commodity grain (seed) planting production, agricultural products processing and sales, agricultural technology research and development. The brand portfolio of the company includes Dahua and Su Shi.

Jiangsu Provincial Agricultural Reclamation and Development Co (SHSE:601952) Headlines

No Headlines