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YTO Express Group Co (SHSE:600233) Debt-to-EBITDA : 0.89 (As of Mar. 2024)


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What is YTO Express Group Co Debt-to-EBITDA?

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

YTO Express Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,032 Mil. YTO Express Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,373 Mil. YTO Express Group Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥4,952 Mil. YTO Express Group Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.89.

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 YTO Express Group Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600233' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.04   Med: 0.61   Max: 1.03
Current: 0.91

During the past 13 years, the highest Debt-to-EBITDA Ratio of YTO Express Group Co was 1.03. The lowest was 0.04. And the median was 0.61.

SHSE:600233's Debt-to-EBITDA is ranked better than
80.76% of 847 companies
in the Transportation industry
Industry Median: 2.83 vs SHSE:600233: 0.91

YTO Express Group Co Debt-to-EBITDA Historical Data

The historical data trend for YTO Express Group 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.

YTO Express Group Co Debt-to-EBITDA Chart

YTO Express Group 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 0.98 0.77 0.80 0.55 0.61

YTO Express Group 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 0.96 0.94 1.06 0.83 0.89

Competitive Comparison of YTO Express Group Co's Debt-to-EBITDA

For the Integrated Freight & Logistics subindustry, YTO Express Group 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.


YTO Express Group Co's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, YTO Express Group Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where YTO Express Group Co's Debt-to-EBITDA falls into.



YTO Express Group Co Debt-to-EBITDA Calculation

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

YTO Express Group 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
=(3145.583 + 1128.035) / 6964.599
=0.61

YTO Express Group 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
=(3031.873 + 1372.903) / 4952.088
=0.89

* 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.


YTO Express Group Co  (SHSE:600233) 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.


YTO Express Group Co Debt-to-EBITDA Related Terms

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


YTO Express Group Co (SHSE:600233) Business Description

Traded in Other Exchanges
N/A
Address
Xu Highway 3029, Huaxin Town, Qingpu District, Shanghai, CHN, 201705
YTO Express is one of the Tongda Operators—the top four national express delivery companies that use the network partner model. In this model, Tongdas provide line-haul transportation, sorting, and waybill services to their network partners for fees, while their local network partners provide first-mile pickup and last-mile delivery services under the Tongdas' brands and collect customer payments. The company was founded by Yu Huijiao in 2020. Yu remains chair and president with a 33.22% stake as of Sept. 30, 2023. Yu and Zhang Xiao Juan, who owned 2.15% of YTO as of that date, are persons acting in concert. YTO's strategic shareholder is leading China e-commerce company Alibaba Group and its affiliated companies, with around a 20.65% interest as of Dec. 2, 2023.

YTO Express Group Co (SHSE:600233) Headlines

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