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China CNR (SHSE:601299) Debt-to-EBITDA : 3.99 (As of Mar. 2015)


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What is China CNR Debt-to-EBITDA?

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

China CNR's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2015 was ¥16,146 Mil. China CNR's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2015 was ¥4,380 Mil. China CNR's annualized EBITDA for the quarter that ended in Mar. 2015 was ¥5,139 Mil. China CNR's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2015 was 3.99.

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 China CNR's Debt-to-EBITDA or its related term are showing as below:

SHSE:601299's Debt-to-EBITDA is not ranked *
in the Transportation industry.
Industry Median: 2.835
* Ranked among companies with meaningful Debt-to-EBITDA only.

China CNR Debt-to-EBITDA Historical Data

The historical data trend for China CNR'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.

China CNR Debt-to-EBITDA Chart

China CNR Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Debt-to-EBITDA
Get a 7-Day Free Trial 2.48 3.30 2.57 2.53 2.17

China CNR Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 5.28 3.14 3.15 2.69 3.99

Competitive Comparison of China CNR's Debt-to-EBITDA

For the Railroads subindustry, China CNR'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.


China CNR's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China CNR's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China CNR's Debt-to-EBITDA falls into.



China CNR Debt-to-EBITDA Calculation

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

China CNR's Debt-to-EBITDA for the fiscal year that ended in Dec. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(16441.243 + 4933.521) / 9861.375
=2.17

China CNR's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(16145.768 + 4379.59) / 5138.532
=3.99

* 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. 2015) EBITDA data.


China CNR  (SHSE:601299) 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.


China CNR Debt-to-EBITDA Related Terms

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


China CNR (SHSE:601299) Business Description

Traded in Other Exchanges
N/A
Address
China CNR Corp Ltd was founded in 1881. The Company is engaged in research and development, manufacturing, refurbishment, technology services and leasing of various products such as rolling stock, mechanical and electric equipment, environmental protection equipment and ancillary components. Its products include electric and diesel locomotives; high-speed trains; multiple units; metro cars; mass transit vehicles, such as trams and light rail vehicles; coaches; open-top, covered, hopper, flat, side dump, tank, and special wagons; and track machinery. The Company also offers rail components, such as motors and generators for locomotives, urban rail vehicles, oil drilling machines, mining machinery, metallurgical machinery, and wind-driven generators; and electric control equipment, locomotive components, vehicle components, castings, and forgings, among others.
Executives
Sun Yong Cai senior management
Zhao Guang Xing senior management
Liu Ke Xian Supervisors
Xi Guo Hua Director
Cui Dian Guo Director
Gao Zhi senior management
Xie Ji Long senior management
Lin Wan Li Director
Wang Yong Zhi senior management

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