GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xinjiang Daqo New Energy Co Ltd (SHSE:688303) » Definitions » Debt-to-EBITDA

Xinjiang Daqo New Energy Co (SHSE:688303) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Xinjiang Daqo New Energy Co Debt-to-EBITDA?

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

Xinjiang Daqo New Energy Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. Xinjiang Daqo New Energy Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. Xinjiang Daqo New Energy Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥1,790 Mil. Xinjiang Daqo New Energy Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.00.

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 Xinjiang Daqo New Energy Co's Debt-to-EBITDA or its related term are showing as below:

During the past 7 years, the highest Debt-to-EBITDA Ratio of Xinjiang Daqo New Energy Co was 3.99. The lowest was 0.00. And the median was 1.14.

SHSE:688303's Debt-to-EBITDA is not ranked *
in the Industrial Products industry.
Industry Median: 1.7
* Ranked among companies with meaningful Debt-to-EBITDA only.

Xinjiang Daqo New Energy Co Debt-to-EBITDA Historical Data

The historical data trend for Xinjiang Daqo New Energy 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.

Xinjiang Daqo New Energy Co Debt-to-EBITDA Chart

Xinjiang Daqo New Energy Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 3.99 1.02 0.03 0.01 -

Xinjiang Daqo New Energy Co Quarterly Data
Dec17 Dec18 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 - - - - -

Competitive Comparison of Xinjiang Daqo New Energy Co's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Xinjiang Daqo New Energy 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.


Xinjiang Daqo New Energy Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xinjiang Daqo New Energy Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Xinjiang Daqo New Energy Co's Debt-to-EBITDA falls into.



Xinjiang Daqo New Energy Co Debt-to-EBITDA Calculation

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

Xinjiang Daqo New Energy 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
=(0 + 0) / 8015.685
=0.00

Xinjiang Daqo New Energy 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
=(0 + 0) / 1789.544
=0.00

* 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.


Xinjiang Daqo New Energy Co  (SHSE:688303) 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.


Xinjiang Daqo New Energy Co Debt-to-EBITDA Related Terms

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


Xinjiang Daqo New Energy Co (SHSE:688303) Business Description

Traded in Other Exchanges
N/A
Address
No. 16, Weiliu Road, New Chemical Material Industrial Park, Shihezi Economic Development Zone, Uygur Autonomous Region, Xinjiang, CHN, 832000
Xinjiang Daqo New Energy Co Ltd research and development, manufacturing, and sales of high-purity polysilicon.

Xinjiang Daqo New Energy Co (SHSE:688303) Headlines

No Headlines