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WuXi Biologics (Cayman) (FRA:1FW2) Debt-to-EBITDA : 0.99 (As of Jun. 2023)


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What is WuXi Biologics (Cayman) Debt-to-EBITDA?

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

WuXi Biologics (Cayman)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €165 Mil. WuXi Biologics (Cayman)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €498 Mil. WuXi Biologics (Cayman)'s annualized EBITDA for the quarter that ended in Jun. 2023 was €672 Mil. WuXi Biologics (Cayman)'s annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 0.99.

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 WuXi Biologics (Cayman)'s Debt-to-EBITDA or its related term are showing as below:

FRA:1FW2' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.59   Med: 1.44   Max: 3.85
Current: 1.05

During the past 10 years, the highest Debt-to-EBITDA Ratio of WuXi Biologics (Cayman) was 3.85. The lowest was 0.59. And the median was 1.44.

FRA:1FW2's Debt-to-EBITDA is ranked better than
52.71% of 277 companies
in the Biotechnology industry
Industry Median: 1.36 vs FRA:1FW2: 1.05

WuXi Biologics (Cayman) Debt-to-EBITDA Historical Data

The historical data trend for WuXi Biologics (Cayman)'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.

WuXi Biologics (Cayman) Debt-to-EBITDA Chart

WuXi Biologics (Cayman) 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 1.60 1.44 0.95 0.71 1.05

WuXi Biologics (Cayman) Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.10 0.75 0.90 0.99 1.32

Competitive Comparison of WuXi Biologics (Cayman)'s Debt-to-EBITDA

For the Biotechnology subindustry, WuXi Biologics (Cayman)'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.


WuXi Biologics (Cayman)'s Debt-to-EBITDA Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, WuXi Biologics (Cayman)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where WuXi Biologics (Cayman)'s Debt-to-EBITDA falls into.



WuXi Biologics (Cayman) Debt-to-EBITDA Calculation

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

WuXi Biologics (Cayman)'s Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(199.111 + 399.602) / 842.599
=0.71

WuXi Biologics (Cayman)'s annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(165.041 + 497.56) / 672.214
=0.99

* 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 two times the quarterly (Jun. 2023) EBITDA data.


WuXi Biologics (Cayman)  (FRA:1FW2) 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.


WuXi Biologics (Cayman) Debt-to-EBITDA Related Terms

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


WuXi Biologics (Cayman) (FRA:1FW2) Business Description

Address
No. 108, Meiliang Road, Mashan Binhu District, Wuxi, CHN, 214092
WuXi Biologics is one of the largest global biologics CRDMOs. WuXi Biologics, incorporated in 2014 following the reorganization of WuXi PharmaTech, later known as WuXi AppTec, now has global revenue of CNY 15 billion. North American represented 55.6% of total revenue in 2022. It adopts the follow and win the molecule strategy by providing end-to-end services, from drug discovery to commercial manufacturing. It also adopts a global dual-sourcing strategy by providing drug products and large-scale drug substance manufacturing.

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