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Anhui Xinbo Aluminum Co (SZSE:003038) Debt-to-EBITDA : 19.19 (As of Mar. 2024)


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What is Anhui Xinbo Aluminum Co Debt-to-EBITDA?

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

Anhui Xinbo Aluminum Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4,542 Mil. Anhui Xinbo Aluminum Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥713 Mil. Anhui Xinbo Aluminum Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥274 Mil. Anhui Xinbo Aluminum Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 19.18.

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 Anhui Xinbo Aluminum Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:003038' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.44   Med: 3.03   Max: 11.66
Current: 11.66

During the past 7 years, the highest Debt-to-EBITDA Ratio of Anhui Xinbo Aluminum Co was 11.66. The lowest was 1.44. And the median was 3.03.

SZSE:003038's Debt-to-EBITDA is ranked worse than
90.93% of 529 companies
in the Metals & Mining industry
Industry Median: 1.98 vs SZSE:003038: 11.66

Anhui Xinbo Aluminum Co Debt-to-EBITDA Historical Data

The historical data trend for Anhui Xinbo Aluminum 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.

Anhui Xinbo Aluminum Co Debt-to-EBITDA Chart

Anhui Xinbo Aluminum Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 1.44 2.02 4.32 5.69 8.16

Anhui Xinbo Aluminum Co Quarterly Data
Dec17 Dec18 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 16.79 6.82 9.62 8.41 19.19

Competitive Comparison of Anhui Xinbo Aluminum Co's Debt-to-EBITDA

For the Aluminum subindustry, Anhui Xinbo Aluminum 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.


Anhui Xinbo Aluminum Co's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Anhui Xinbo Aluminum Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Anhui Xinbo Aluminum Co's Debt-to-EBITDA falls into.



Anhui Xinbo Aluminum Co Debt-to-EBITDA Calculation

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

Anhui Xinbo Aluminum 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
=(4100.699 + 643.567) / 581.388
=8.16

Anhui Xinbo Aluminum 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
=(4542.385 + 712.717) / 273.92
=19.18

* 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.


Anhui Xinbo Aluminum Co  (SZSE:003038) 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.


Anhui Xinbo Aluminum Co Debt-to-EBITDA Related Terms

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


Anhui Xinbo Aluminum Co (SZSE:003038) Business Description

Traded in Other Exchanges
N/A
Address
Yangcun Industrial Zone, Yangcun Town, Anhui Province, Tianchang, CHN, 239304
Anhui Xinbo Aluminum Co Ltd is engaged in the research and development, production and sales of industrial aluminum profiles, industrial aluminum parts and architectural aluminum profiles. The company's products involve new energy photovoltaics, rail transit, automobile lightweight, medical and environmental protection, electronic appliances, system doors and windows, energy-saving buildings and other fields.
Executives
Chang Wei Independent director

Anhui Xinbo Aluminum Co (SZSE:003038) Headlines

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