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ZheJiang Jasan Holding Group Co (SHSE:603558) Debt-to-EBITDA : 1.76 (As of Mar. 2024)


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What is ZheJiang Jasan Holding Group Co Debt-to-EBITDA?

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

ZheJiang Jasan Holding Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥645 Mil. ZheJiang Jasan Holding Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥77 Mil. ZheJiang Jasan Holding Group Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥411 Mil. ZheJiang Jasan Holding Group Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.76.

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 ZheJiang Jasan Holding Group Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:603558' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.77   Med: 1.37   Max: 2.82
Current: 1.96

During the past 13 years, the highest Debt-to-EBITDA Ratio of ZheJiang Jasan Holding Group Co was 2.82. The lowest was -1.77. And the median was 1.37.

SHSE:603558's Debt-to-EBITDA is ranked better than
59.48% of 812 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.825 vs SHSE:603558: 1.96

ZheJiang Jasan Holding Group Co Debt-to-EBITDA Historical Data

The historical data trend for ZheJiang Jasan Holding Group 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.

ZheJiang Jasan Holding Group Co Debt-to-EBITDA Chart

ZheJiang Jasan Holding Group 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 0.89 -1.77 2.82 2.07 1.52

ZheJiang Jasan Holding Group 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 5.11 2.53 1.84 2.48 1.76

Competitive Comparison of ZheJiang Jasan Holding Group Co's Debt-to-EBITDA

For the Apparel Manufacturing subindustry, ZheJiang Jasan Holding Group 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.


ZheJiang Jasan Holding Group Co's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, ZheJiang Jasan Holding Group Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where ZheJiang Jasan Holding Group Co's Debt-to-EBITDA falls into.



ZheJiang Jasan Holding Group Co Debt-to-EBITDA Calculation

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

ZheJiang Jasan Holding Group 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
=(666.546 + 76.819) / 489.511
=1.52

ZheJiang Jasan Holding Group 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
=(645.452 + 76.542) / 411.204
=1.76

* 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.


ZheJiang Jasan Holding Group Co  (SHSE:603558) 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.


ZheJiang Jasan Holding Group Co Debt-to-EBITDA Related Terms

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


ZheJiang Jasan Holding Group Co (SHSE:603558) Business Description

Traded in Other Exchanges
N/A
Address
No.111, JinYi Road, Xiaoshan Economic and Technological Development Zone, Hangzhou, CHN, 311215
ZheJiang Jasan Holding Group Co Ltd is engaged in research, development, designing manufacturing and servicing of knitwear. It offers its products under various brands such as ADIDAS, PUMA, NEW BALANCE, FILA, TOMMY HILFIGER and others.
Executives
Zhang Mao Yi Directors, senior managers
Xu Jun Chen senior management
Hu Tian Xing Director
Li Wei Ping Director
Jiang Feng Director
Zhou Shui Ying Director

ZheJiang Jasan Holding Group Co (SHSE:603558) Headlines

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