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Tianjin Motimo Membrane Technology Co (SZSE:300334) Debt-to-EBITDA : 8.32 (As of Mar. 2024)


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What is Tianjin Motimo Membrane Technology Co Debt-to-EBITDA?

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

Tianjin Motimo Membrane Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥46.4 Mil. Tianjin Motimo Membrane Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥82.1 Mil. Tianjin Motimo Membrane Technology Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥15.4 Mil. Tianjin Motimo Membrane Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 8.32.

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 Tianjin Motimo Membrane Technology Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:300334' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -141.49   Med: 2.63   Max: 123.44
Current: 21.5

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tianjin Motimo Membrane Technology Co was 123.44. The lowest was -141.49. And the median was 2.63.

SZSE:300334's Debt-to-EBITDA is ranked worse than
96.94% of 2290 companies
in the Industrial Products industry
Industry Median: 1.72 vs SZSE:300334: 21.50

Tianjin Motimo Membrane Technology Co Debt-to-EBITDA Historical Data

The historical data trend for Tianjin Motimo Membrane Technology 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.

Tianjin Motimo Membrane Technology Co Debt-to-EBITDA Chart

Tianjin Motimo Membrane Technology 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 -0.80 123.44 2.52 -2.55 2.75

Tianjin Motimo Membrane Technology 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 4.03 -3.64 -7.03 2.40 8.32

Competitive Comparison of Tianjin Motimo Membrane Technology Co's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Tianjin Motimo Membrane Technology 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.


Tianjin Motimo Membrane Technology Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tianjin Motimo Membrane Technology Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tianjin Motimo Membrane Technology Co's Debt-to-EBITDA falls into.



Tianjin Motimo Membrane Technology Co Debt-to-EBITDA Calculation

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

Tianjin Motimo Membrane Technology 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
=(39.656 + 74.916) / 41.642
=2.75

Tianjin Motimo Membrane Technology 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
=(46.377 + 82.09) / 15.436
=8.32

* 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.


Tianjin Motimo Membrane Technology Co  (SZSE:300334) 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.


Tianjin Motimo Membrane Technology Co Debt-to-EBITDA Related Terms

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


Tianjin Motimo Membrane Technology Co (SZSE:300334) Business Description

Traded in Other Exchanges
N/A
Address
11th Street, TEDA, Tianjin, CHN, 300160
Tianjin Motimo Membrane Technology Co Ltd is engaged in the research and development of membrane material and membrane process. In addition, the company is engaged in the production of the membrane module and membrane equipment. The company offers hollow fiber microfiltration and ultrafiltration membrane element and equipment. The products are widely used in municipal, power, steel and iron, petrochemical, spinning and weaving, food filed, water supply industries and pharmacy removal, separation, and concentration. Its products are exported to more than 20 countries.
Executives
Ye Quan Director
Hu Xiao Yu Executives
Dai Hai Ping Executives
Li Xin Min Director
Li Hong Gang Executives
Qiu Guan Xiong Supervisors
Liu Jian Li Executives
Zhang Lin Executives
Li Xiang De Executives
Huan Guo Lan Securities Affairs Representative
Zheng Chun Jian Directors, executives

Tianjin Motimo Membrane Technology Co (SZSE:300334) Headlines

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