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Yonyou Network Technology Co (SHSE:600588) Debt-to-EBITDA : -3.87 (As of Mar. 2024)


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What is Yonyou Network Technology Co Debt-to-EBITDA?

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

Yonyou Network Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4,301 Mil. Yonyou Network Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2,240 Mil. Yonyou Network Technology Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥-1,690 Mil. Yonyou Network Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -3.87.

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 Yonyou Network Technology Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600588' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.28   Med: 3.33   Max: 34.36
Current: -8.28

During the past 13 years, the highest Debt-to-EBITDA Ratio of Yonyou Network Technology Co was 34.36. The lowest was -8.28. And the median was 3.33.

SHSE:600588's Debt-to-EBITDA is ranked worse than
100% of 1616 companies
in the Software industry
Industry Median: 1.005 vs SHSE:600588: -8.28

Yonyou Network Technology Co Debt-to-EBITDA Historical Data

The historical data trend for Yonyou Network Technology 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.

Yonyou Network Technology Co Debt-to-EBITDA Chart

Yonyou Network Technology 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 2.29 1.57 2.26 4.30 34.36

Yonyou Network Technology 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 -3.45 -3.74 -9.94 6.97 -3.87

Competitive Comparison of Yonyou Network Technology Co's Debt-to-EBITDA

For the Software - Application subindustry, Yonyou Network Technology 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.


Yonyou Network Technology Co's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Yonyou Network Technology Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Yonyou Network Technology Co's Debt-to-EBITDA falls into.



Yonyou Network Technology Co Debt-to-EBITDA Calculation

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

Yonyou Network Technology 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
=(4240.112 + 1964.601) / 180.58
=34.36

Yonyou Network Technology 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
=(4300.597 + 2239.909) / -1689.824
=-3.87

* 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.


Yonyou Network Technology Co  (SHSE:600588) 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.


Yonyou Network Technology Co Debt-to-EBITDA Related Terms

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


Yonyou Network Technology Co (SHSE:600588) Business Description

Traded in Other Exchanges
N/A
Address
No 68 Beiqing Road, Haidian District, UF Industrial Park, Beijing, CHN, 100094
Yonyou Network Technology Co Ltd develops and markets enterprise-wide business applications software, including financial, web-based, management, and security development software in China. The company also offers training programs.
Executives
Zhang Ji Xiong senior management
Ren Zhi Gang senior management
Xu Yang senior management
Wang Jian senior management
Zhang Cheng Yu senior management
Xie Zhi Hua senior management
Zhang Pei Lin senior management
Ou Yang Qing Director
Du Yu senior management
Zuo Jun senior management
Chen Qiang Bing Director
Wu Zheng Ping Director
Xu Jian Gang Supervisors
Sun Shu Pin senior management
Yang Xiao Bai senior management

Yonyou Network Technology Co (SHSE:600588) Headlines

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