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Suzhou Recodeal Interconnect System Co (SHSE:688800) Debt-to-EBITDA : 3.19 (As of Mar. 2024)


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What is Suzhou Recodeal Interconnect System Co Debt-to-EBITDA?

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

Suzhou Recodeal Interconnect System Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥355 Mil. Suzhou Recodeal Interconnect System Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥284 Mil. Suzhou Recodeal Interconnect System Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥200 Mil. Suzhou Recodeal Interconnect System Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.19.

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 Suzhou Recodeal Interconnect System Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:688800' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02   Med: 0.65   Max: 4.05
Current: 4.05

During the past 12 years, the highest Debt-to-EBITDA Ratio of Suzhou Recodeal Interconnect System Co was 4.05. The lowest was 0.02. And the median was 0.65.

SHSE:688800's Debt-to-EBITDA is ranked worse than
74.99% of 2279 companies
in the Industrial Products industry
Industry Median: 1.7 vs SHSE:688800: 4.05

Suzhou Recodeal Interconnect System Co Debt-to-EBITDA Historical Data

The historical data trend for Suzhou Recodeal Interconnect System 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.

Suzhou Recodeal Interconnect System Co Debt-to-EBITDA Chart

Suzhou Recodeal Interconnect System 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 0.73 0.58 0.02 0.27 2.08

Suzhou Recodeal Interconnect System Co Quarterly Data
Mar19 Jun19 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 0.69 2.16 3.17 2.33 3.19

Competitive Comparison of Suzhou Recodeal Interconnect System Co's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Suzhou Recodeal Interconnect System 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.


Suzhou Recodeal Interconnect System Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou Recodeal Interconnect System Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Suzhou Recodeal Interconnect System Co's Debt-to-EBITDA falls into.



Suzhou Recodeal Interconnect System Co Debt-to-EBITDA Calculation

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

Suzhou Recodeal Interconnect System 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
=(353.367 + 82.309) / 209.233
=2.08

Suzhou Recodeal Interconnect System 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
=(354.948 + 283.94) / 200.168
=3.19

* 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.


Suzhou Recodeal Interconnect System Co  (SHSE:688800) 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.


Suzhou Recodeal Interconnect System Co Debt-to-EBITDA Related Terms

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


Suzhou Recodeal Interconnect System Co (SHSE:688800) Business Description

Traded in Other Exchanges
N/A
Address
No.998 Songjia Road, Wusongjiang Science and Technology Industrial Park, Jiangsu Province, Wuzhong District, Suzhou, CHN, 215124
Suzhou Recodeal Interconnect System Co Ltd develops, produces and sells connection systems, microwave components and other products.

Suzhou Recodeal Interconnect System Co (SHSE:688800) Headlines

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