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Hangzhou Century Co (SZSE:300078) Debt-to-EBITDA : -6.30 (As of Mar. 2024)


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What is Hangzhou Century Co Debt-to-EBITDA?

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

Hangzhou Century Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥541.7 Mil. Hangzhou Century Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥728.3 Mil. Hangzhou Century Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥-201.6 Mil. Hangzhou Century Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -6.30.

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 Hangzhou Century Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:300078' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.95   Med: 2.23   Max: 8.38
Current: -1.79

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hangzhou Century Co was 8.38. The lowest was -3.95. And the median was 2.23.

SZSE:300078's Debt-to-EBITDA is ranked worse than
100% of 831 companies
in the Business Services industry
Industry Median: 1.93 vs SZSE:300078: -1.79

Hangzhou Century Co Debt-to-EBITDA Historical Data

The historical data trend for Hangzhou Century 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.

Hangzhou Century Co Debt-to-EBITDA Chart

Hangzhou Century 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 3.91 8.38 -3.95 -2.82 -2.47

Hangzhou Century 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 -7.30 65.32 53.36 -0.53 -6.30

Competitive Comparison of Hangzhou Century Co's Debt-to-EBITDA

For the Security & Protection Services subindustry, Hangzhou Century 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.


Hangzhou Century Co's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hangzhou Century Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hangzhou Century Co's Debt-to-EBITDA falls into.



Hangzhou Century Co Debt-to-EBITDA Calculation

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

Hangzhou Century 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
=(592.85 + 844.8) / -582.601
=-2.47

Hangzhou Century 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
=(541.704 + 728.285) / -201.628
=-6.30

* 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.


Hangzhou Century Co  (SZSE:300078) 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.


Hangzhou Century Co Debt-to-EBITDA Related Terms

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


Hangzhou Century Co (SZSE:300078) Business Description

Traded in Other Exchanges
N/A
Address
Shangcheng Economic, Scientific & Technological Park, 1418-48 Moganshan Road, Gongshu, Hangzhou, CHN
Hangzhou Century Co Ltd is engaged in providing electronic article surveillance (EAS) solutions and services. It also specializes in Radio Frequency Identification System (RFID) standardization, as well as the development and services of customized hardware products and industry application solutions. The company's EAS; Digital Display (ESL); Security Display; RFID and Source Tagging.
Executives
Wang Lin Executives
Lu Nan Director
Zhang Ji Directors, executives
Shou Jin Hua Supervisors
Wang Jun Supervisors
Zhang Li Zhong Directors, executives
Zhou Wei Li Executives
Shang Wei Executives
Yu Guo Hua Directors, executives
Lan Zong Zhu Director
Chen Wu Jun Directors, executives
Jiang Shi Ping Director
Wang Yong Supervisors

Hangzhou Century Co (SZSE:300078) Headlines

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