Chutian Dragon Co (SZSE:003040) Debt-to-EBITDA : 0.10 (As of Mar. 2024)

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What is Chutian Dragon Co Debt-to-EBITDA?

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

Chutian Dragon Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥8 Mil. Chutian Dragon Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3 Mil. Chutian Dragon Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥107 Mil. Chutian Dragon Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.10.

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 Chutian Dragon Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:003040' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.07 Med: 0.18 Max: 1.1
Current: 0.17

During the past 7 years, the highest Debt-to-EBITDA Ratio of Chutian Dragon Co was 1.10. The lowest was 0.07. And the median was 0.18.

SZSE:003040's Debt-to-EBITDA is ranked better than
82.29% of 706 companies
in the Semiconductors industry
Industry Median: 1.595 vs SZSE:003040: 0.17

Chutian Dragon Co Debt-to-EBITDA Historical Data

The historical data trend for Chutian Dragon 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.

Chutian Dragon Co Debt-to-EBITDA Chart

Chutian Dragon Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.18

0.32

0.16

0.07

0.11

Chutian Dragon 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															0.07	0.11	0.10	-0.36	0.10

Competitive Comparison of Chutian Dragon Co's Debt-to-EBITDA

For the Semiconductors subindustry, Chutian Dragon 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.

Chutian Dragon Co's Debt-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Chutian Dragon Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Chutian Dragon Co's Debt-to-EBITDA falls into.

Chutian Dragon Co Debt-to-EBITDA Calculation

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

Chutian Dragon 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
	=	(9.549	+	4.138)	/	123.164
	=	0.11

Chutian Dragon 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
	=	(7.841	+	2.909)	/	107.208
	=	0.10

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.

Chutian Dragon Co (SZSE:003040) 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.

Chutian Dragon Co Debt-to-EBITDA Related Terms

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

Chutian Dragon Co (SZSE:003040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Chutian Dragon Co Ltd (SZSE:003040) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yifa Industrial Zone, Zhuweitian, Fenggang Town, Guangdong Province, Dongguan, CHN, 523697

Website

http://www.ctdcn.com

Chutian Dragon Co Ltd is mainly engaged in the design, research and development, production, sales and service of smart cards. The main products are financial IC cards represented by financial social security cards and standard bank IC cards, and non-financial IC cards represented by communication cards and transportation cards. It has a wide range of customers and important influence in social security, finance, communications, transportation, medical, education and other industries.

Chutian Dragon Co (SZSE:003040) Headlines

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