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Beijing Shiji Grand Tech Co (BJSE:835184) Debt-to-EBITDA : 1.76 (As of Mar. 2024)


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What is Beijing Shiji Grand Tech Co Debt-to-EBITDA?

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

Beijing Shiji Grand Tech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2.2 Mil. Beijing Shiji Grand Tech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4.2 Mil. Beijing Shiji Grand Tech Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥3.6 Mil. Beijing Shiji Grand Tech Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.76.

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 Beijing Shiji Grand Tech Co's Debt-to-EBITDA or its related term are showing as below:

BJSE:835184' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.31   Med: 0.17   Max: 1.86
Current: 0.37

During the past 11 years, the highest Debt-to-EBITDA Ratio of Beijing Shiji Grand Tech Co was 1.86. The lowest was -0.31. And the median was 0.17.

BJSE:835184's Debt-to-EBITDA is ranked better than
69.37% of 1616 companies
in the Software industry
Industry Median: 1.005 vs BJSE:835184: 0.37

Beijing Shiji Grand Tech Co Debt-to-EBITDA Historical Data

The historical data trend for Beijing Shiji Grand Tech 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.

Beijing Shiji Grand Tech Co Debt-to-EBITDA Chart

Beijing Shiji Grand Tech 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 0.02 0.30 1.86 -0.31 0.40

Beijing Shiji Grand Tech 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 -0.39 0.27 0.70 9.53 1.76

Competitive Comparison of Beijing Shiji Grand Tech Co's Debt-to-EBITDA

For the Software - Application subindustry, Beijing Shiji Grand Tech 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.


Beijing Shiji Grand Tech Co's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Shiji Grand Tech Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Beijing Shiji Grand Tech Co's Debt-to-EBITDA falls into.



Beijing Shiji Grand Tech Co Debt-to-EBITDA Calculation

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

Beijing Shiji Grand Tech 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
=(1.431 + 4.556) / 15.054
=0.40

Beijing Shiji Grand Tech 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
=(2.194 + 4.169) / 3.62
=1.76

* 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.


Beijing Shiji Grand Tech Co  (BJSE:835184) 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.


Beijing Shiji Grand Tech Co Debt-to-EBITDA Related Terms

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


Beijing Shiji Grand Tech Co (BJSE:835184) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Xizhimenwai Street, C11, C12, 10th Floor, Block T2, West Ring Plaza, Xicheng District, Beijing, CHN, 100044
Beijing Shiji Grand Tech Co Ltd focuses on the field of geographic information and agricultural big data takes the development and application of geographic information as the core, and provides customers with geographic information data engineering and industry application software. It engages in Geographic Information System (GIS) software development, geographic information survey, photogrammetry and remote sensing, database construction, land planning.

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