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Transfar Zhilian Co (SZSE:002010) Debt-to-EBITDA : 10.23 (As of Mar. 2024)


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What is Transfar Zhilian Co Debt-to-EBITDA?

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

Transfar Zhilian Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥8,662 Mil. Transfar Zhilian Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥6,898 Mil. Transfar Zhilian Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥1,521 Mil. Transfar Zhilian Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 10.23.

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 Transfar Zhilian Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:002010' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.88   Med: 4.11   Max: 9.98
Current: 9.98

During the past 13 years, the highest Debt-to-EBITDA Ratio of Transfar Zhilian Co was 9.98. The lowest was 0.88. And the median was 4.11.

SZSE:002010's Debt-to-EBITDA is ranked worse than
87.01% of 1209 companies
in the Chemicals industry
Industry Median: 2.35 vs SZSE:002010: 9.98

Transfar Zhilian Co Debt-to-EBITDA Historical Data

The historical data trend for Transfar Zhilian 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.

Transfar Zhilian Co Debt-to-EBITDA Chart

Transfar Zhilian 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 2.79 4.81 3.80 7.55 7.86

Transfar Zhilian Co 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 11.23 9.32 11.22 9.58 10.23

Competitive Comparison of Transfar Zhilian Co's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Transfar Zhilian 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.


Transfar Zhilian Co's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Transfar Zhilian Co's Debt-to-EBITDA distribution charts can be found below:

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



Transfar Zhilian Co Debt-to-EBITDA Calculation

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

Transfar Zhilian 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
=(8208.666 + 7408.279) / 1988.167
=7.85

Transfar Zhilian 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
=(8662.499 + 6897.651) / 1520.856
=10.23

* 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.


Transfar Zhilian Co  (SZSE:002010) 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.


Transfar Zhilian Co Debt-to-EBITDA Related Terms

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


Transfar Zhilian Co (SZSE:002010) Business Description

Traded in Other Exchanges
N/A
Address
Xiaoshan Economic and Technology Development Zone, Zhejiang Province, Hangzhou, CHN, 311215
Transfar Zhilian Co Ltd is engaged in the production and sale of specialty chemicals used in textile printing and dyeing, leather, building materials and water treatment.
Executives
Wu Jian Hua Director
Yao Wei Executives
Chen Jian Directors, executives
Chen Jie Supervisors
Zhou Jia Hai Directors, executives
Zhu Jiang Ying Directors, Directors, and Executives
Yang Bai Zhang Supervisors
Xu Hu Xiang Directors, executives
Ying Tian Gen Director
Lai Yue Min Executives

Transfar Zhilian Co (SZSE:002010) Headlines

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