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Chengdu XGimi Technology Co (SHSE:688696) Debt-to-EBITDA : 7.64 (As of Mar. 2024)


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What is Chengdu XGimi Technology Co Debt-to-EBITDA?

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

Chengdu XGimi Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥290 Mil. Chengdu XGimi Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥306 Mil. Chengdu XGimi Technology Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥78 Mil. Chengdu XGimi Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 7.64.

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 Chengdu XGimi Technology Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:688696' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -51.01   Med: 1.06   Max: 13.67
Current: -51.01

During the past 7 years, the highest Debt-to-EBITDA Ratio of Chengdu XGimi Technology Co was 13.67. The lowest was -51.01. And the median was 1.06.

SHSE:688696's Debt-to-EBITDA is ranked worse than
100% of 1740 companies
in the Hardware industry
Industry Median: 1.8 vs SHSE:688696: -51.01

Chengdu XGimi Technology Co Debt-to-EBITDA Historical Data

The historical data trend for Chengdu XGimi Technology 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.

Chengdu XGimi Technology Co Debt-to-EBITDA Chart

Chengdu XGimi Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 1.88 1.06 0.68 0.55 4.87

Chengdu XGimi Technology Co Quarterly Data
Dec18 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 1.97 -11.62 -31.52 -12.23 7.64

Competitive Comparison of Chengdu XGimi Technology Co's Debt-to-EBITDA

For the Consumer Electronics subindustry, Chengdu XGimi Technology 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.


Chengdu XGimi Technology Co's Debt-to-EBITDA Distribution in the Hardware Industry

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

* The bar in red indicates where Chengdu XGimi Technology Co's Debt-to-EBITDA falls into.



Chengdu XGimi Technology Co Debt-to-EBITDA Calculation

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

Chengdu XGimi Technology 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
=(324.111 + 309.087) / 129.959
=4.87

Chengdu XGimi Technology 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
=(290.318 + 306.396) / 78.128
=7.64

* 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.


Chengdu XGimi Technology Co  (SHSE:688696) 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.


Chengdu XGimi Technology Co Debt-to-EBITDA Related Terms

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


Chengdu XGimi Technology Co (SHSE:688696) Business Description

Traded in Other Exchanges
N/A
Address
1129 Century City Road, High-tech Zone, China (Sichuan) Pilot Free Trade Zone, No. 2, Floor 2, Unit 1, Building 4, Area A, Tianfu Software Park, Chengdu, CHN, 610000
Chengdu XGimi Technology Co Ltd is engaged in the designing and manufacturing of high-performance multi-functional smart projectors and laser TVs.
Executives
Zhong Bo Director
Ran Peng Core technical personnel
Yin Lei Director
Liao Chuan Jun Supervisors
Liu Shuai Director
Xiao Shi Director

Chengdu XGimi Technology Co (SHSE:688696) Headlines

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