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Easy Click Worldwide Network Technology Co (SZSE:301171) Debt-to-EBITDA : 3.51 (As of Mar. 2024)


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What is Easy Click Worldwide Network Technology Co Debt-to-EBITDA?

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

Easy Click Worldwide Network Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥763 Mil. Easy Click Worldwide Network Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥76 Mil. Easy Click Worldwide Network Technology Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥239 Mil. Easy Click Worldwide Network Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.51.

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 Easy Click Worldwide Network Technology Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:301171' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.52   Max: 3.54
Current: 3.54

During the past 13 years, the highest Debt-to-EBITDA Ratio of Easy Click Worldwide Network Technology Co was 3.54. The lowest was 0.00. And the median was 0.52.

SZSE:301171's Debt-to-EBITDA is ranked worse than
70% of 680 companies
in the Media - Diversified industry
Industry Median: 1.675 vs SZSE:301171: 3.54

Easy Click Worldwide Network Technology Co Debt-to-EBITDA Historical Data

The historical data trend for Easy Click Worldwide Network Technology 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.

Easy Click Worldwide Network Technology Co Debt-to-EBITDA Chart

Easy Click Worldwide Network Technology Co Annual Data
Trend Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.34 0.83 0.52 0.81

Easy Click Worldwide Network Technology Co Quarterly Data
Dec17 Dec18 Sep19 Dec19 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 0.87 0.33 0.46 5.05 3.51

Competitive Comparison of Easy Click Worldwide Network Technology Co's Debt-to-EBITDA

For the Advertising Agencies subindustry, Easy Click Worldwide Network Technology 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.


Easy Click Worldwide Network Technology Co's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Easy Click Worldwide Network Technology Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Easy Click Worldwide Network Technology Co's Debt-to-EBITDA falls into.



Easy Click Worldwide Network Technology Co Debt-to-EBITDA Calculation

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

Easy Click Worldwide Network Technology 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
=(113.088 + 88.525) / 249.397
=0.81

Easy Click Worldwide Network Technology 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
=(763.305 + 76.012) / 239.232
=3.51

* 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.


Easy Click Worldwide Network Technology Co  (SZSE:301171) 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.


Easy Click Worldwide Network Technology Co Debt-to-EBITDA Related Terms

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


Easy Click Worldwide Network Technology Co (SZSE:301171) Business Description

Traded in Other Exchanges
N/A
Address
No. 156, Tiangu Eighth Road, Room 903, Building C3, Phase II, Software New Town R&D Base, High-tech Zone, Shaanxi Province, Xi'an City, CHN, 710077
Easy Click Worldwide Network Technology Co Ltd is committed as a global intelligent data-driven marketing service profession to provide results-driven services included performance marketing, brand building and industrial solutions integrating. The company's clients is involved in wide range industries of E-commerce, tool applications, information dissemination, games and other pan-entertainment applications.

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