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Wcon Electronics (Guangdong) Co (SZSE:301328) Debt-to-EBITDA : 0.60 (As of Mar. 2024)


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What is Wcon Electronics (Guangdong) Co Debt-to-EBITDA?

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

Wcon Electronics (Guangdong) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥32.0 Mil. Wcon Electronics (Guangdong) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2.3 Mil. Wcon Electronics (Guangdong) Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥56.9 Mil. Wcon Electronics (Guangdong) Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.60.

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 Wcon Electronics (Guangdong) Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:301328' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.18   Med: 0.35   Max: 0.53
Current: 0.26

During the past 6 years, the highest Debt-to-EBITDA Ratio of Wcon Electronics (Guangdong) Co was 0.53. The lowest was 0.18. And the median was 0.35.

SZSE:301328's Debt-to-EBITDA is ranked better than
83.31% of 1738 companies
in the Hardware industry
Industry Median: 1.795 vs SZSE:301328: 0.26

Wcon Electronics (Guangdong) Co Debt-to-EBITDA Historical Data

The historical data trend for Wcon Electronics (Guangdong) 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.

Wcon Electronics (Guangdong) Co Debt-to-EBITDA Chart

Wcon Electronics (Guangdong) Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.34 0.39 0.18 0.35 0.22

Wcon Electronics (Guangdong) Co Quarterly Data
Dec18 Dec19 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 0.39 0.21 -1.25 0.14 0.60

Competitive Comparison of Wcon Electronics (Guangdong) Co's Debt-to-EBITDA

For the Electronic Components subindustry, Wcon Electronics (Guangdong) 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.


Wcon Electronics (Guangdong) Co's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wcon Electronics (Guangdong) Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Wcon Electronics (Guangdong) Co's Debt-to-EBITDA falls into.



Wcon Electronics (Guangdong) Co Debt-to-EBITDA Calculation

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

Wcon Electronics (Guangdong) 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
=(13.899 + 25.423) / 179.237
=0.22

Wcon Electronics (Guangdong) 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
=(31.956 + 2.295) / 56.884
=0.60

* 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.


Wcon Electronics (Guangdong) Co  (SZSE:301328) 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.


Wcon Electronics (Guangdong) Co Debt-to-EBITDA Related Terms

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


Wcon Electronics (Guangdong) Co (SZSE:301328) Business Description

Traded in Other Exchanges
N/A
Address
01A, Changxing Road, Ludong Community, Humen Town, Guangdong Province, Dongguan, CHN, 523935
Wcon Electronics (Guangdong) Co Ltd is engaged in the research and development, design, production and sales of industrial control connectors, automotive connectors and new energy connectors.

Wcon Electronics (Guangdong) Co (SZSE:301328) Headlines

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