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Xiamen Intretech (SZSE:002925) Debt-to-EBITDA : 3.34 (As of Mar. 2024)


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What is Xiamen Intretech Debt-to-EBITDA?

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

Xiamen Intretech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥629 Mil. Xiamen Intretech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥336 Mil. Xiamen Intretech's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥289 Mil. Xiamen Intretech's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.34.

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 Xiamen Intretech's Debt-to-EBITDA or its related term are showing as below:

SZSE:002925' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.17   Max: 1.82
Current: 1.82

During the past 11 years, the highest Debt-to-EBITDA Ratio of Xiamen Intretech was 1.82. The lowest was 0.00. And the median was 0.17.

SZSE:002925's Debt-to-EBITDA is ranked worse than
50.4% of 1730 companies
in the Hardware industry
Industry Median: 1.79 vs SZSE:002925: 1.82

Xiamen Intretech Debt-to-EBITDA Historical Data

The historical data trend for Xiamen Intretech'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.

Xiamen Intretech Debt-to-EBITDA Chart

Xiamen Intretech 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 0.03 0.47 0.68 1.07 1.32

Xiamen Intretech 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 2.45 1.81 1.47 1.58 3.34

Competitive Comparison of Xiamen Intretech's Debt-to-EBITDA

For the Consumer Electronics subindustry, Xiamen Intretech'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.


Xiamen Intretech's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Xiamen Intretech's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Xiamen Intretech's Debt-to-EBITDA falls into.



Xiamen Intretech Debt-to-EBITDA Calculation

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

Xiamen Intretech'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
=(427.442 + 529.319) / 726.995
=1.32

Xiamen Intretech'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
=(628.841 + 336.477) / 289.128
=3.34

* 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.


Xiamen Intretech  (SZSE:002925) 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.


Xiamen Intretech Debt-to-EBITDA Related Terms

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


Xiamen Intretech (SZSE:002925) Business Description

Traded in Other Exchanges
N/A
Address
2-7 Floor, No. 588 Jiahe Road, Torch Park, Huli District, Fujian, Xiamen, CHN, 361006
Xiamen Intretech Inc manufactures family entertainment control equipment, man-machine interface control equipment, computer automatic storage equipment, automotive electronics and related electronic products. Its overseas business is mainly on Original Design Manufacturing (ODM) and Original Equipment Manufacturer (OEM) business with global brand products.

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