ANE (Cayman) (HKSE:09956) Debt-to-EBITDA : 1.05 (As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is ANE (Cayman) Debt-to-EBITDA?

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

ANE (Cayman)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$1,210 Mil. ANE (Cayman)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$699 Mil. ANE (Cayman)'s annualized EBITDA for the quarter that ended in Jun. 2023 was HK$1,815 Mil. ANE (Cayman)'s annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 1.05.

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

HKSE:09956' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.06 Med: 2.25 Max: 3.76
Current: 1.27

During the past 6 years, the highest Debt-to-EBITDA Ratio of ANE (Cayman) was 3.76. The lowest was -2.06. And the median was 2.25.

HKSE:09956's Debt-to-EBITDA is ranked better than
74.61% of 843 companies
in the Transportation industry
Industry Median: 2.81 vs HKSE:09956: 1.27

ANE (Cayman) Debt-to-EBITDA Historical Data

The historical data trend for ANE (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.

ANE (Cayman) Debt-to-EBITDA Chart

ANE (Cayman) Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

Get a 7-Day Free Trial

3.76

3.40

-2.06

2.25

2.34

ANE (Cayman) Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial				0.92	2.90	2.01	1.05	2.21

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

For the Trucking subindustry, ANE (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.

ANE (Cayman)'s Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ANE (Cayman)'s Debt-to-EBITDA distribution charts can be found below:

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

ANE (Cayman) Debt-to-EBITDA Calculation

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

ANE (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
	=	(1464.14	+	847.144)	/	1027.613
	=	2.25

ANE (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
	=	(1210.252	+	698.756)	/	1814.774
	=	1.05

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.

ANE (Cayman) (HKSE:09956) 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.

ANE (Cayman) Debt-to-EBITDA Related Terms

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

ANE (Cayman) (HKSE:09956) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ANE (Cayman) Inc (HKSE:09956) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

999 Huaxu Road, 8th Floor, Block B, E Linke World North District, Xujing Town, Qingpu District, Shanghai, CHN

Website

https://www.ane56.com

ANE (Cayman) Inc is a express freight network in China's less-than-truckload market. The Company mainly provide transportation services, value-added services and dispatch services to their freight partners, direct customers The company's business has one single operating segment namely provision of transportation and related services.

ANE (Cayman) (HKSE:09956) Headlines

No Headlines