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Jouder Precision Industry (Kunshan) Co (SZSE:300549) Debt-to-EBITDA : -37.38 (As of Mar. 2024)


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What is Jouder Precision Industry (Kunshan) Co Debt-to-EBITDA?

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

Jouder Precision Industry (Kunshan) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥42.1 Mil. Jouder Precision Industry (Kunshan) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1.5 Mil. Jouder Precision Industry (Kunshan) Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥-1.2 Mil. Jouder Precision Industry (Kunshan) Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -37.38.

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 Jouder Precision Industry (Kunshan) Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:300549' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.82   Med: 1.41   Max: 3.56
Current: 3.56

During the past 13 years, the highest Debt-to-EBITDA Ratio of Jouder Precision Industry (Kunshan) Co was 3.56. The lowest was 0.82. And the median was 1.41.

SZSE:300549's Debt-to-EBITDA is ranked worse than
71.34% of 2292 companies
in the Industrial Products industry
Industry Median: 1.72 vs SZSE:300549: 3.56

Jouder Precision Industry (Kunshan) Co Debt-to-EBITDA Historical Data

The historical data trend for Jouder Precision Industry (Kunshan) 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.

Jouder Precision Industry (Kunshan) Co Debt-to-EBITDA Chart

Jouder Precision Industry (Kunshan) 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 2.77 1.72 1.41 1.06 1.41

Jouder Precision Industry (Kunshan) 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 2.06 3.70 4.57 3.48 -37.38

Competitive Comparison of Jouder Precision Industry (Kunshan) Co's Debt-to-EBITDA

For the Tools & Accessories subindustry, Jouder Precision Industry (Kunshan) 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.


Jouder Precision Industry (Kunshan) Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jouder Precision Industry (Kunshan) Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Jouder Precision Industry (Kunshan) Co's Debt-to-EBITDA falls into.



Jouder Precision Industry (Kunshan) Co Debt-to-EBITDA Calculation

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

Jouder Precision Industry (Kunshan) 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
=(62.331 + 1.61) / 45.213
=1.41

Jouder Precision Industry (Kunshan) 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
=(42.117 + 1.546) / -1.168
=-37.38

* 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.


Jouder Precision Industry (Kunshan) Co  (SZSE:300549) 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.


Jouder Precision Industry (Kunshan) Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Jouder Precision Industry (Kunshan) Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Jouder Precision Industry (Kunshan) Co (SZSE:300549) Business Description

Traded in Other Exchanges
N/A
Address
No.3168, Beimen Road, Yushan Town, Jiangsu, Kunshan City, CHN, 215316
Jouder Precision Industry (Kunshan) Co Ltd is a manufacturer of precision die and mold components in China. Its products portfolio includes precision components, automation parts, medicine equipment parts, custom made parts and technical data.

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