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Inner Mongolia Dian Tou Energy (SZSE:002128) Debt-to-EBITDA : 0.85 (As of Mar. 2024)


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What is Inner Mongolia Dian Tou Energy Debt-to-EBITDA?

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

Inner Mongolia Dian Tou Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,005 Mil. Inner Mongolia Dian Tou Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥7,837 Mil. Inner Mongolia Dian Tou Energy's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥10,442 Mil. Inner Mongolia Dian Tou Energy's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.85.

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 Inner Mongolia Dian Tou Energy's Debt-to-EBITDA or its related term are showing as below:

SZSE:002128' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.86   Med: 1.71   Max: 2.45
Current: 1.37

During the past 13 years, the highest Debt-to-EBITDA Ratio of Inner Mongolia Dian Tou Energy was 2.45. The lowest was 0.86. And the median was 1.71.

SZSE:002128's Debt-to-EBITDA is ranked worse than
52.78% of 108 companies
in the Other Energy Sources industry
Industry Median: 1.225 vs SZSE:002128: 1.37

Inner Mongolia Dian Tou Energy Debt-to-EBITDA Historical Data

The historical data trend for Inner Mongolia Dian Tou Energy'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.

Inner Mongolia Dian Tou Energy Debt-to-EBITDA Chart

Inner Mongolia Dian Tou Energy 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 1.99 1.70 1.20 1.17 1.01

Inner Mongolia Dian Tou Energy 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 1.16 1.65 1.60 1.76 0.85

Competitive Comparison of Inner Mongolia Dian Tou Energy's Debt-to-EBITDA

For the Thermal Coal subindustry, Inner Mongolia Dian Tou Energy'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.


Inner Mongolia Dian Tou Energy's Debt-to-EBITDA Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Inner Mongolia Dian Tou Energy's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Inner Mongolia Dian Tou Energy's Debt-to-EBITDA falls into.



Inner Mongolia Dian Tou Energy Debt-to-EBITDA Calculation

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

Inner Mongolia Dian Tou Energy'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
=(653.606 + 7719.354) / 8259.83
=1.01

Inner Mongolia Dian Tou Energy'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
=(1004.869 + 7836.872) / 10441.808
=0.85

* 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.


Inner Mongolia Dian Tou Energy  (SZSE:002128) 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.


Inner Mongolia Dian Tou Energy Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Inner Mongolia Dian Tou Energy's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Inner Mongolia Dian Tou Energy (SZSE:002128) Business Description

Traded in Other Exchanges
N/A
Address
Zhelimu Avenue, Huolinguole, Inner Mongolia, CHN, 029200
Huolinhe Opencut Coal Industry Corp Ltd Of Inner Mongolia operates in the coal industry. The company's main business is the production and sales of coal products; thermal power generation, coal mining and power generation.

Inner Mongolia Dian Tou Energy (SZSE:002128) Headlines

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