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Montnets Cloud Technology Group Co (SZSE:002123) Debt-to-EBITDA : 13.14 (As of Mar. 2024)


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What is Montnets Cloud Technology Group Co Debt-to-EBITDA?

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

Montnets Cloud Technology Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,082 Mil. Montnets Cloud Technology Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥199 Mil. Montnets Cloud Technology Group Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥97 Mil. Montnets Cloud Technology Group Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 13.14.

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 Montnets Cloud Technology Group Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:002123' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.49   Med: 0.16   Max: 6.01
Current: -0.72

During the past 13 years, the highest Debt-to-EBITDA Ratio of Montnets Cloud Technology Group Co was 6.01. The lowest was -10.49. And the median was 0.16.

SZSE:002123's Debt-to-EBITDA is ranked worse than
100% of 1616 companies
in the Software industry
Industry Median: 1.005 vs SZSE:002123: -0.72

Montnets Cloud Technology Group Co Debt-to-EBITDA Historical Data

The historical data trend for Montnets Cloud Technology Group 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.

Montnets Cloud Technology Group Co Debt-to-EBITDA Chart

Montnets Cloud Technology Group 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 -10.49 4.90 -8.67 -3.36 -1.13

Montnets Cloud Technology Group 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 14.99 10.93 -22.29 -0.27 13.14

Competitive Comparison of Montnets Cloud Technology Group Co's Debt-to-EBITDA

For the Software - Application subindustry, Montnets Cloud Technology Group 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.


Montnets Cloud Technology Group Co's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Montnets Cloud Technology Group Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Montnets Cloud Technology Group Co's Debt-to-EBITDA falls into.



Montnets Cloud Technology Group Co Debt-to-EBITDA Calculation

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

Montnets Cloud Technology Group 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
=(1744.19 + 196.557) / -1724.522
=-1.13

Montnets Cloud Technology Group 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
=(1081.62 + 198.793) / 97.456
=13.14

* 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.


Montnets Cloud Technology Group Co  (SZSE:002123) 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.


Montnets Cloud Technology Group Co Debt-to-EBITDA Related Terms

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


Montnets Cloud Technology Group Co (SZSE:002123) Business Description

Traded in Other Exchanges
N/A
Address
High-tech Middle Road, Longtaili Building, No. 30, Nanshan District, Shenzhen, CHN
Montnets Cloud Technology Group Co Ltd is a cloud communication service provider in China. The company has constructed four-in-one enterprise cloud communication service ecosystem, namely IM cloud, MVaaS, Terminal cloud, IoT cloud to provide comprehensive cloud communication services for enterprises.
Executives
Tian Fei Chong Directors, executives
Yu Wen Sheng Director
Wen Li Executives
Li Ju Chun Executives
Jin Yong Executives
Zhu Wen Wen Directors, executives
Huang Yong Gang Directors, executives
Li Ji Wen Directors, executives
Shi Yong Qi Supervisors
Zuo Qiang Directors, executives
Chen Xin Directors, executives
Zhao Dian Bo Directors, executives
Wang Dai Yan Executives
Ma Cheng Jia Director
Jiao Dong Liang Executives

Montnets Cloud Technology Group Co (SZSE:002123) Headlines

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