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Guangdong Champion Asia Electronics Co (SHSE:603386) Debt-to-EBITDA : -15.79 (As of Mar. 2024)


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What is Guangdong Champion Asia Electronics Co Debt-to-EBITDA?

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

Guangdong Champion Asia Electronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥587 Mil. Guangdong Champion Asia Electronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥338 Mil. Guangdong Champion Asia Electronics Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥-59 Mil. Guangdong Champion Asia Electronics Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -15.79.

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 Guangdong Champion Asia Electronics Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:603386' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.53   Med: 1.69   Max: 17.31
Current: 17.31

During the past 11 years, the highest Debt-to-EBITDA Ratio of Guangdong Champion Asia Electronics Co was 17.31. The lowest was 0.53. And the median was 1.69.

SHSE:603386's Debt-to-EBITDA is ranked worse than
94.76% of 1738 companies
in the Hardware industry
Industry Median: 1.8 vs SHSE:603386: 17.31

Guangdong Champion Asia Electronics Co Debt-to-EBITDA Historical Data

The historical data trend for Guangdong Champion Asia Electronics 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.

Guangdong Champion Asia Electronics Co Debt-to-EBITDA Chart

Guangdong Champion Asia Electronics 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 3.67 2.61 1.87 2.90 4.00

Guangdong Champion Asia Electronics 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 20.67 5.03 5.26 -10.26 -15.79

Competitive Comparison of Guangdong Champion Asia Electronics Co's Debt-to-EBITDA

For the Electronic Components subindustry, Guangdong Champion Asia Electronics 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.


Guangdong Champion Asia Electronics Co's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangdong Champion Asia Electronics Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Guangdong Champion Asia Electronics Co's Debt-to-EBITDA falls into.



Guangdong Champion Asia Electronics Co Debt-to-EBITDA Calculation

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

Guangdong Champion Asia Electronics 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
=(613.216 + 348.104) / 240.325
=4.00

Guangdong Champion Asia Electronics 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
=(587.413 + 337.967) / -58.592
=-15.79

* 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.


Guangdong Champion Asia Electronics Co  (SHSE:603386) 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.


Guangdong Champion Asia Electronics Co Debt-to-EBITDA Related Terms

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


Guangdong Champion Asia Electronics Co (SHSE:603386) Business Description

Traded in Other Exchanges
N/A
Address
25 Digital Industrial Park, Sandong Town, Guangdong Province, Huicheng District, Huizhou, CHN
Guangdong Champion Asia Electronics Co Ltd specializes in the printed circuit board industry. It is mainly engaged in the development, production and sales of printed circuit boards, and printed circuit board tables. The company's main products include double-panel, multi-layer boards including SMT products. The products are mainly used in IT communication equipment, consumer electronics, computers and peripherals, automotive electronics, industrial control energy and other industries.

Guangdong Champion Asia Electronics Co (SHSE:603386) Headlines

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