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Jiangxi Sunshine Dairy Co (SZSE:001318) Debt-to-EBITDA : 0.04 (As of Mar. 2024)


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What is Jiangxi Sunshine Dairy Co Debt-to-EBITDA?

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

Jiangxi Sunshine Dairy Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.8 Mil. Jiangxi Sunshine Dairy Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1.7 Mil. Jiangxi Sunshine Dairy Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥71.8 Mil. Jiangxi Sunshine Dairy Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.04.

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 Jiangxi Sunshine Dairy Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:001318' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.58   Max: 0.78
Current: 0.02

During the past 6 years, the highest Debt-to-EBITDA Ratio of Jiangxi Sunshine Dairy Co was 0.78. The lowest was 0.01. And the median was 0.58.

SZSE:001318's Debt-to-EBITDA is ranked better than
98.25% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 2.13 vs SZSE:001318: 0.02

Jiangxi Sunshine Dairy Co Debt-to-EBITDA Historical Data

The historical data trend for Jiangxi Sunshine Dairy 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.

Jiangxi Sunshine Dairy Co Debt-to-EBITDA Chart

Jiangxi Sunshine Dairy Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.75 0.78 0.58 0.01 0.02

Jiangxi Sunshine Dairy Co Quarterly Data
Dec18 Dec19 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 0.01 - - 0.02 0.04

Competitive Comparison of Jiangxi Sunshine Dairy Co's Debt-to-EBITDA

For the Farm Products subindustry, Jiangxi Sunshine Dairy 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.


Jiangxi Sunshine Dairy Co's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiangxi Sunshine Dairy Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Jiangxi Sunshine Dairy Co's Debt-to-EBITDA falls into.



Jiangxi Sunshine Dairy Co Debt-to-EBITDA Calculation

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

Jiangxi Sunshine Dairy 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
=(0.817 + 1.738) / 152.847
=0.02

Jiangxi Sunshine Dairy 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
=(0.844 + 1.738) / 71.76
=0.04

* 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.


Jiangxi Sunshine Dairy Co  (SZSE:001318) 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.


Jiangxi Sunshine Dairy Co Debt-to-EBITDA Related Terms

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


Jiangxi Sunshine Dairy Co (SZSE:001318) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Daishan East Road, Qingyunpu District, Jiangxi Province, Nanchang, CHN, 330043
Jiangxi Sunshine Dairy Co Ltd is engaged in research and development, production and sales of dairy products and milk beverages.

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