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Anhui Landun Photoelectron Co (SZSE:300862) Debt-to-EBITDA : 3.05 (As of Mar. 2024)


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What is Anhui Landun Photoelectron Co Debt-to-EBITDA?

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

Anhui Landun Photoelectron Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥57.3 Mil. Anhui Landun Photoelectron Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥76.6 Mil. Anhui Landun Photoelectron Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥43.9 Mil. Anhui Landun Photoelectron Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.05.

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

SZSE:300862' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.09   Med: 0.78   Max: 2.52
Current: 2.52

During the past 8 years, the highest Debt-to-EBITDA Ratio of Anhui Landun Photoelectron Co was 2.52. The lowest was 0.09. And the median was 0.78.

SZSE:300862's Debt-to-EBITDA is ranked worse than
60.7% of 1738 companies
in the Hardware industry
Industry Median: 1.795 vs SZSE:300862: 2.52

Anhui Landun Photoelectron Co Debt-to-EBITDA Historical Data

The historical data trend for Anhui Landun Photoelectron 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 Landun Photoelectron Co Debt-to-EBITDA Chart

Anhui Landun Photoelectron Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.56 0.11 0.09 1.07 0.92

Anhui Landun Photoelectron 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 2.89 9.33 2.61 0.72 3.05

Competitive Comparison of Anhui Landun Photoelectron Co's Debt-to-EBITDA

For the Scientific & Technical Instruments subindustry, Anhui Landun Photoelectron 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 Landun Photoelectron Co's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Anhui Landun Photoelectron Co's Debt-to-EBITDA distribution charts can be found below:

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



Anhui Landun Photoelectron Co Debt-to-EBITDA Calculation

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

Anhui Landun Photoelectron 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
=(10.209 + 76.852) / 94.491
=0.92

Anhui Landun Photoelectron 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
=(57.255 + 76.587) / 43.86
=3.05

* 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 Landun Photoelectron Co  (SZSE:300862) 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 Landun Photoelectron Co Debt-to-EBITDA Related Terms

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


Anhui Landun Photoelectron Co (SZSE:300862) Business Description

Traded in Other Exchanges
N/A
Address
Shicheng Road, Electronic Industrial Zone, Anhui Province, Tongling, CHN, 244000
Anhui Landun Photoelectron Co Ltd is engaged in manufacturing of high-end analytical measuring instruments, software development, system integration and engineering, operation and maintenance services, data services and production of military radar components. Its products portfolio includes Smart transportation; Smart environmental protection; Smart weather; Food and drug testing; and Military radar.

Anhui Landun Photoelectron Co (SZSE:300862) Headlines

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