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Appotronics (SHSE:688007) Debt-to-EBITDA : 2.96 (As of Mar. 2024)


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What is Appotronics Debt-to-EBITDA?

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

Appotronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥282 Mil. Appotronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥417 Mil. Appotronics's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥236 Mil. Appotronics's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.96.

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 Appotronics's Debt-to-EBITDA or its related term are showing as below:

SHSE:688007' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.03   Med: 2.32   Max: 7.79
Current: 6.9

During the past 8 years, the highest Debt-to-EBITDA Ratio of Appotronics was 7.79. The lowest was 1.03. And the median was 2.32.

SHSE:688007's Debt-to-EBITDA is ranked worse than
84.62% of 1730 companies
in the Hardware industry
Industry Median: 1.79 vs SHSE:688007: 6.90

Appotronics Debt-to-EBITDA Historical Data

The historical data trend for Appotronics'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.

Appotronics Debt-to-EBITDA Chart

Appotronics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 1.03 1.59 1.23 3.62 3.47

Appotronics 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 16.91 4.23 4.36 -3.41 2.96

Competitive Comparison of Appotronics's Debt-to-EBITDA

For the Consumer Electronics subindustry, Appotronics'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.


Appotronics's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Appotronics's Debt-to-EBITDA distribution charts can be found below:

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



Appotronics Debt-to-EBITDA Calculation

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

Appotronics'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
=(348.785 + 386.199) / 212.127
=3.46

Appotronics'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
=(281.708 + 416.523) / 235.824
=2.96

* 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.


Appotronics  (SHSE:688007) 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.


Appotronics Debt-to-EBITDA Related Terms

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


Appotronics (SHSE:688007) Business Description

Traded in Other Exchanges
N/A
Address
No. 63 Xuefu Road, Yuehai Street, 20-22 Floor, Hi-Tech Zone, Union Tower, Nanshan District, Guangdong Province, Shenzhen, CHN, 518052
Appotronics Corp Ltd is a China based company involved in the research and innovation of laser display technology and products. The company offers various laser display products namely Digital cinema projector, Venue projector, Education projector, Ultra mobile projector, and others. Geographically, it derives a majority of revenue from China.

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