Precision Tsugami (China) (HKSE:01651) Debt-to-EBITDA : 0.01 (As of Sep. 2023)

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What is Precision Tsugami (China) Debt-to-EBITDA?

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

Precision Tsugami (China)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$2 Mil. Precision Tsugami (China)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$3 Mil. Precision Tsugami (China)'s annualized EBITDA for the quarter that ended in Sep. 2023 was HK$765 Mil. Precision Tsugami (China)'s annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.01.

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 Precision Tsugami (China)'s Debt-to-EBITDA or its related term are showing as below:

HKSE:01651' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 2.77
Current: 0.01

During the past 9 years, the highest Debt-to-EBITDA Ratio of Precision Tsugami (China) was 2.77. The lowest was 0.00. And the median was 0.02.

HKSE:01651's Debt-to-EBITDA is ranked better than
99.96% of 2294 companies
in the Industrial Products industry
Industry Median: 1.75 vs HKSE:01651: 0.01

Precision Tsugami (China) Debt-to-EBITDA Historical Data

The historical data trend for Precision Tsugami (China)'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.

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Precision Tsugami (China) Debt-to-EBITDA Chart

Precision Tsugami (China) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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0.01

0.02

Precision Tsugami (China) Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial												0.02	0.03	-	-	0.01

Competitive Comparison of Precision Tsugami (China)'s Debt-to-EBITDA

For the Tools & Accessories subindustry, Precision Tsugami (China)'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.

Precision Tsugami (China)'s Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Precision Tsugami (China)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Precision Tsugami (China)'s Debt-to-EBITDA falls into.

Precision Tsugami (China) Debt-to-EBITDA Calculation

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

Precision Tsugami (China)'s Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(1.958	+	1.639)	/	1030.251
	=	0.00

Precision Tsugami (China)'s annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(2.422	+	2.618)	/	764.592
	=	0.01

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 (Sep. 2023) EBITDA data.

Precision Tsugami (China) (HKSE:01651) 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.

Precision Tsugami (China) Debt-to-EBITDA Related Terms

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

Precision Tsugami (China) (HKSE:01651) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Precision Tsugami (China) Corp Ltd (HKSE:01651) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2001 Pingcheng Road, Pinghu Economic-Technological Development Zone, Zhejiang Province, Pinghu, CHN, 314200

Website

https://www.tsugami.com.cn

Precision Tsugami (China) Corp Ltd is engaged in the manufacturing and distribution of computer numerical control (CNC) high precision machine tools; and the provision of commercial consultation services. It manufactures and sells CNC machine tools including Precision lathes, Precision machining centres, Precision thread and form rolling machines and Precision grinding machines under the TSUGAMI brand. The company only has one reportable operating segment which is the manufacture and sale of high precision CNC machine tools. Its products are mainly for the Chinese market and are also sold to Japan, Europe, the US, Southeast Asia and other countries.

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