GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Advanced Technology & Materials Co Ltd (SZSE:000969) » Definitions » Debt-to-EBITDA

Advanced Technology & Materials Co (SZSE:000969) Debt-to-EBITDA : 1.79 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Advanced Technology & Materials Co Debt-to-EBITDA?

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

Advanced Technology & Materials Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥137 Mil. Advanced Technology & Materials Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥715 Mil. Advanced Technology & Materials Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥475 Mil. Advanced Technology & Materials Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.79.

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 Advanced Technology & Materials Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:000969' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.22   Med: 3.02   Max: 14.98
Current: 2.13

During the past 13 years, the highest Debt-to-EBITDA Ratio of Advanced Technology & Materials Co was 14.98. The lowest was 1.22. And the median was 3.02.

SZSE:000969's Debt-to-EBITDA is ranked worse than
51.79% of 531 companies
in the Metals & Mining industry
Industry Median: 1.98 vs SZSE:000969: 2.13

Advanced Technology & Materials Co Debt-to-EBITDA Historical Data

The historical data trend for Advanced Technology & Materials 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.

Advanced Technology & Materials Co Debt-to-EBITDA Chart

Advanced Technology & Materials 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 2.42 2.22 1.72 1.50 1.22

Advanced Technology & Materials 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 2.22 1.65 2.91 2.45 1.79

Competitive Comparison of Advanced Technology & Materials Co's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Advanced Technology & Materials 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.


Advanced Technology & Materials Co's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Advanced Technology & Materials Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Advanced Technology & Materials Co's Debt-to-EBITDA falls into.



Advanced Technology & Materials Co Debt-to-EBITDA Calculation

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

Advanced Technology & Materials 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
=(149.206 + 684.702) / 684.153
=1.22

Advanced Technology & Materials 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
=(136.551 + 714.816) / 474.696
=1.79

* 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.


Advanced Technology & Materials Co  (SZSE:000969) 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.


Advanced Technology & Materials Co Debt-to-EBITDA Related Terms

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


Advanced Technology & Materials Co (SZSE:000969) Business Description

Traded in Other Exchanges
N/A
Address
No. 76 Xueyuan South Road, Haidian District, Beijing, Beijing, CHN, 100081
Advanced Technology & Materials Co Ltd is a Chinese high-tech company that focuses on the research and development and manufacture of new metallic materials and products. Its products include amorphous and nano-crystalline materials and products; refractory materials and products; powder materials and products; magnetic materials and products; welding materials and products; filtration materials and environmental protection engineering products; and high-speed steel and diamond tools. These products are used in various fields which include aerospace, energy, transportation, consumer electronics, construction and building materials, petrochemical, saving and environmental protection industries. Geographically the activities are carried out through China.
Executives
Gao Ai Sheng Supervisors
Su Guo Ping Directors, executives
Wang Tie Jun Executives
Li Jun Feng Director
Wang She Jiao Director
Yang Wen Yi Executives
Yang Chun Jie Securities Affairs Representative
Zhang Jin Hua Executives
Jiang Jin Feng Supervisors
Zhao Shi Qian Directors, executives
Tian Zhi Ling Director
Zhou Shao Xiong Executives
Jin Ming Chang Supervisors
Wang Huai Supervisors
Zhao Pei Directors, executives

Advanced Technology & Materials Co (SZSE:000969) Headlines

No Headlines