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Fujian Sunner Development Co (SZSE:002299) Debt-to-EBITDA : 188.97 (As of Mar. 2024)


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What is Fujian Sunner Development Co Debt-to-EBITDA?

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

Fujian Sunner Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥8,239 Mil. Fujian Sunner Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,347 Mil. Fujian Sunner Development Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥51 Mil. Fujian Sunner Development Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 188.97.

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 Fujian Sunner Development Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:002299' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.57   Med: 2.75   Max: 12.53
Current: 12.53

During the past 13 years, the highest Debt-to-EBITDA Ratio of Fujian Sunner Development Co was 12.53. The lowest was 0.57. And the median was 2.75.

SZSE:002299's Debt-to-EBITDA is ranked worse than
92.28% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs SZSE:002299: 12.53

Fujian Sunner Development Co Debt-to-EBITDA Historical Data

The historical data trend for Fujian Sunner Development 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.

Fujian Sunner Development Co Debt-to-EBITDA Chart

Fujian Sunner Development 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 0.57 0.80 2.46 3.05 3.66

Fujian Sunner Development 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 11.64 4.98 5.42 -85.72 188.97

Competitive Comparison of Fujian Sunner Development Co's Debt-to-EBITDA

For the Farm Products subindustry, Fujian Sunner Development 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.


Fujian Sunner Development Co's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fujian Sunner Development Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Fujian Sunner Development Co's Debt-to-EBITDA falls into.



Fujian Sunner Development Co Debt-to-EBITDA Calculation

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

Fujian Sunner Development 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
=(6755.726 + 1381.89) / 2223.506
=3.66

Fujian Sunner Development 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
=(8238.506 + 1346.847) / 50.724
=188.97

* 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.


Fujian Sunner Development Co  (SZSE:002299) 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.


Fujian Sunner Development Co Debt-to-EBITDA Related Terms

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


Fujian Sunner Development Co (SZSE:002299) Business Description

Traded in Other Exchanges
N/A
Address
Office Building of Shengnong Headquarters, Shilipu, Guangze County, Fujian, Nanping, CHN, 354100
Fujian Sunner Development Co Ltd is a China-based company engaged in the raising and processing of chickens. The main product is frozen chicken for the fast food industry and meat wholesalers. The company is engaged in poultry, fish, and bream farming.

Fujian Sunner Development Co (SZSE:002299) Headlines

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