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Jiangxi Huawu Brake Co (SZSE:300095) Debt-to-EBITDA : 6.81 (As of Mar. 2024)


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What is Jiangxi Huawu Brake Co Debt-to-EBITDA?

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

Jiangxi Huawu Brake Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥236 Mil. Jiangxi Huawu Brake Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥495 Mil. Jiangxi Huawu Brake Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥107 Mil. Jiangxi Huawu Brake Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 6.81.

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 Jiangxi Huawu Brake Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:300095' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.81   Med: 3.71   Max: 43.44
Current: 9.34

During the past 13 years, the highest Debt-to-EBITDA Ratio of Jiangxi Huawu Brake Co was 43.44. The lowest was 1.81. And the median was 3.71.

SZSE:300095's Debt-to-EBITDA is ranked worse than
89.47% of 1054 companies
in the Vehicles & Parts industry
Industry Median: 2.355 vs SZSE:300095: 9.34

Jiangxi Huawu Brake Co Debt-to-EBITDA Historical Data

The historical data trend for Jiangxi Huawu Brake 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.

Jiangxi Huawu Brake Co Debt-to-EBITDA Chart

Jiangxi Huawu Brake 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 3.54 2.54 2.75 3.96 4.19

Jiangxi Huawu Brake 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 3.89 7.66 6.03 -25.33 6.81

Competitive Comparison of Jiangxi Huawu Brake Co's Debt-to-EBITDA

For the Auto Parts subindustry, Jiangxi Huawu Brake 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.


Jiangxi Huawu Brake Co's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jiangxi Huawu Brake Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Jiangxi Huawu Brake Co's Debt-to-EBITDA falls into.



Jiangxi Huawu Brake Co Debt-to-EBITDA Calculation

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

Jiangxi Huawu Brake 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
=(394.449 + 373.126) / 183.189
=4.19

Jiangxi Huawu Brake 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
=(235.888 + 495.174) / 107.36
=6.81

* 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.


Jiangxi Huawu Brake Co  (SZSE:300095) 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.


Jiangxi Huawu Brake Co Debt-to-EBITDA Related Terms

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


Jiangxi Huawu Brake Co (SZSE:300095) Business Description

Traded in Other Exchanges
N/A
Address
City Industrial Park in Jiangxi Feng Xin Mei Road 7, Fengcheng, CHN, 331100
Jiangxi Huawu Brake Co Ltd is engaged in the research, development, design, manufacture, and sales of industrial brakes and control systems. The products of the company include poet brake, metallurgical brake, wind turbine brake, rail traffic brake, and spare parts.
Executives
Nie Jing Hua Director
Ceng Zhi Yong Directors, executives
Nie Lu Lu Executives, directors
Xie Xu Zhou Executives
Chen Feng Ju Directors, Directors, and Executives
Lai Chen Executives
Zhang Jing Executives
Cai Kui Executives
Cao Ming Sheng Directors, executives
Feng Hua Independent director
Xuan Jian Min Supervisors

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