GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chengdu Sino Microelectronics Tech Co Ltd (SHSE:688709) » Definitions » Debt-to-EBITDA

Chengdu Sino Microelectronics Tech Co (SHSE:688709) Debt-to-EBITDA : 2.66 (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Chengdu Sino Microelectronics Tech Co Debt-to-EBITDA?

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

Chengdu Sino Microelectronics Tech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥397.6 Mil. Chengdu Sino Microelectronics Tech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥294.7 Mil. Chengdu Sino Microelectronics Tech Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥260.5 Mil. Chengdu Sino Microelectronics Tech Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.66.

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 Chengdu Sino Microelectronics Tech Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:688709' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -121.66   Med: 1.59   Max: 4.65
Current: 2.14

During the past 6 years, the highest Debt-to-EBITDA Ratio of Chengdu Sino Microelectronics Tech Co was 4.65. The lowest was -121.66. And the median was 1.59.

SHSE:688709's Debt-to-EBITDA is ranked worse than
54.75% of 1726 companies
in the Hardware industry
Industry Median: 1.815 vs SHSE:688709: 2.14

Chengdu Sino Microelectronics Tech Co Debt-to-EBITDA Historical Data

The historical data trend for Chengdu Sino Microelectronics 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.

Chengdu Sino Microelectronics Tech Co Debt-to-EBITDA Chart

Chengdu Sino Microelectronics Tech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -121.66 1.52 1.24 1.71 1.67

Chengdu Sino Microelectronics Tech Co Quarterly Data
Dec18 Dec19 Dec20 Sep21 Dec21 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 - 2.34 3.37 1.24 2.66

Competitive Comparison of Chengdu Sino Microelectronics Tech Co's Debt-to-EBITDA

For the Electronic Components subindustry, Chengdu Sino Microelectronics 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.


Chengdu Sino Microelectronics Tech Co's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Chengdu Sino Microelectronics Tech Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Chengdu Sino Microelectronics Tech Co's Debt-to-EBITDA falls into.



Chengdu Sino Microelectronics Tech Co Debt-to-EBITDA Calculation

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

Chengdu Sino Microelectronics 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
=(407.704 + 216.913) / 375.169
=1.66

Chengdu Sino Microelectronics 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
=(397.596 + 294.742) / 260.504
=2.66

* 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.


Chengdu Sino Microelectronics Tech Co  (SHSE:688709) 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.


Chengdu Sino Microelectronics Tech Co Debt-to-EBITDA Related Terms

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


Chengdu Sino Microelectronics Tech Co (SHSE:688709) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Website
Chengdu Sino Microelectronics Tech Co Ltd is engaged in research and development, design, testing and sales of special integrated circuits.

Chengdu Sino Microelectronics Tech Co (SHSE:688709) Headlines

No Headlines