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East Money Information Co (SZSE:300059) Debt-to-EBITDA : 10.57 (As of Mar. 2024)


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What is East Money Information Co Debt-to-EBITDA?

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

East Money Information Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥79,474 Mil. East Money Information Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥16,377 Mil. East Money Information Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥9,066 Mil. East Money Information Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 10.57.

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 East Money Information Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:300059' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.17   Med: 4.88   Max: 13.81
Current: 10.3

During the past 13 years, the highest Debt-to-EBITDA Ratio of East Money Information Co was 13.81. The lowest was 1.17. And the median was 4.88.

SZSE:300059's Debt-to-EBITDA is ranked worse than
87.23% of 415 companies
in the Capital Markets industry
Industry Median: 1.57 vs SZSE:300059: 10.30

East Money Information Co Debt-to-EBITDA Historical Data

The historical data trend for East Money Information 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.

East Money Information Co Debt-to-EBITDA Chart

East Money Information 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 4.04 4.11 6.46 6.78 8.64

East Money Information 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 8.15 7.95 9.08 9.81 10.57

Competitive Comparison of East Money Information Co's Debt-to-EBITDA

For the Financial Data & Stock Exchanges subindustry, East Money Information 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.


East Money Information Co's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, East Money Information Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where East Money Information Co's Debt-to-EBITDA falls into.



East Money Information Co Debt-to-EBITDA Calculation

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

East Money Information 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
=(67987.93 + 17322.376) / 9874.995
=8.64

East Money Information 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
=(79474.006 + 16376.823) / 9066.344
=10.57

* 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.


East Money Information Co  (SZSE:300059) 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.


East Money Information Co Debt-to-EBITDA Related Terms

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


East Money Information Co (SZSE:300059) Business Description

Traded in Other Exchanges
N/A
Address
No. 2999 Baoan Road, Jiading District, Shanghai, CHN, 200030
East Money Information Co Ltd is engaged in providing timely and professional financial information services through website platforms.

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