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Guangdong Yangshan United Precision Manufacturing Co (SZSE:001268) Debt-to-EBITDA : 0.47 (As of Mar. 2024)


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What is Guangdong Yangshan United Precision Manufacturing Co Debt-to-EBITDA?

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

Guangdong Yangshan United Precision Manufacturing Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥16.5 Mil. Guangdong Yangshan United Precision Manufacturing Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥17.5 Mil. Guangdong Yangshan United Precision Manufacturing Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥72.9 Mil. Guangdong Yangshan United Precision Manufacturing Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.47.

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 Guangdong Yangshan United Precision Manufacturing Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:001268' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.46   Med: 0.77   Max: 1.41
Current: 0.46

During the past 6 years, the highest Debt-to-EBITDA Ratio of Guangdong Yangshan United Precision Manufacturing Co was 1.41. The lowest was 0.46. And the median was 0.77.

SZSE:001268's Debt-to-EBITDA is ranked better than
75.94% of 2290 companies
in the Industrial Products industry
Industry Median: 1.72 vs SZSE:001268: 0.46

Guangdong Yangshan United Precision Manufacturing Co Debt-to-EBITDA Historical Data

The historical data trend for Guangdong Yangshan United Precision Manufacturing 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.

Guangdong Yangshan United Precision Manufacturing Co Debt-to-EBITDA Chart

Guangdong Yangshan United Precision Manufacturing Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.69 1.18 1.41 0.85 0.47

Guangdong Yangshan United Precision Manufacturing Co Quarterly Data
Dec18 Dec19 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 1.51 1.27 1.36 0.92 0.47

Competitive Comparison of Guangdong Yangshan United Precision Manufacturing Co's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Guangdong Yangshan United Precision Manufacturing 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.


Guangdong Yangshan United Precision Manufacturing Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong Yangshan United Precision Manufacturing Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Guangdong Yangshan United Precision Manufacturing Co's Debt-to-EBITDA falls into.



Guangdong Yangshan United Precision Manufacturing Co Debt-to-EBITDA Calculation

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

Guangdong Yangshan United Precision Manufacturing 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
=(46.52 + 17.5) / 137.131
=0.47

Guangdong Yangshan United Precision Manufacturing 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
=(16.516 + 17.5) / 72.904
=0.47

* 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.


Guangdong Yangshan United Precision Manufacturing Co  (SZSE:001268) 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.


Guangdong Yangshan United Precision Manufacturing Co Debt-to-EBITDA Related Terms

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


Guangdong Yangshan United Precision Manufacturing Co (SZSE:001268) Business Description

Traded in Other Exchanges
N/A
Address
Dubu Town Industrial Park, Yangshan County, Guangdong Province, Qingyuan, CHN, 513125
Guangdong Yangshan United Precision Manufacturing co Ltd is engaged in the research and development, production and sales of precision mechanical parts.
Executives
Zheng Zi Xian Director

Guangdong Yangshan United Precision Manufacturing Co (SZSE:001268) Headlines

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