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Sichuan Joyou Digital Technologies Co (SZSE:301172) Debt-to-EBITDA : 0.07 (As of Mar. 2024)


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What is Sichuan Joyou Digital Technologies Co Debt-to-EBITDA?

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

Sichuan Joyou Digital Technologies Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2.0 Mil. Sichuan Joyou Digital Technologies Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1.0 Mil. Sichuan Joyou Digital Technologies Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥43.2 Mil. Sichuan Joyou Digital Technologies Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.07.

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 Sichuan Joyou Digital Technologies Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:301172' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02   Med: 0.05   Max: 0.13
Current: 0.03

During the past 10 years, the highest Debt-to-EBITDA Ratio of Sichuan Joyou Digital Technologies Co was 0.13. The lowest was 0.02. And the median was 0.05.

SZSE:301172's Debt-to-EBITDA is ranked better than
96.74% of 1628 companies
in the Software industry
Industry Median: 1.06 vs SZSE:301172: 0.03

Sichuan Joyou Digital Technologies Co Debt-to-EBITDA Historical Data

The historical data trend for Sichuan Joyou Digital Technologies 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.

Sichuan Joyou Digital Technologies Co Debt-to-EBITDA Chart

Sichuan Joyou Digital Technologies Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.13 0.05 0.02 0.05

Sichuan Joyou Digital Technologies Co Quarterly Data
Dec14 Dec16 Dec17 Dec18 Dec19 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 -0.04 - - 0.04 0.07

Competitive Comparison of Sichuan Joyou Digital Technologies Co's Debt-to-EBITDA

For the Information Technology Services subindustry, Sichuan Joyou Digital Technologies 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.


Sichuan Joyou Digital Technologies Co's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Sichuan Joyou Digital Technologies Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sichuan Joyou Digital Technologies Co's Debt-to-EBITDA falls into.



Sichuan Joyou Digital Technologies Co Debt-to-EBITDA Calculation

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

Sichuan Joyou Digital Technologies 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
=(2.284 + 1.491) / 75.525
=0.05

Sichuan Joyou Digital Technologies 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
=(2.036 + 0.956) / 43.204
=0.07

* 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.


Sichuan Joyou Digital Technologies Co  (SZSE:301172) 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.


Sichuan Joyou Digital Technologies Co Debt-to-EBITDA Related Terms

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


Sichuan Joyou Digital Technologies Co (SZSE:301172) Business Description

Traded in Other Exchanges
N/A
Address
No. 288, Tianfu 3rd Street, Chengdu High-tech Zone, No. 2-7, 12th Floor, 13th Floor, Building 1, China (Sichuan) Pilot Free Trade Zone, Chengdu, CHN, 610094
Sichuan Joyou Digital Technologies Co Ltd is a professional smart city comprehensive solution provider. Its main business is to provide products and services such as system integration services, operation and maintenance services, and self-developed product sales for customers in the smart city field. The company mainly adopts new-generation information application technologies such as the Internet of Things, cloud computing, big data, artificial intelligence, and BIM to provide customers with a smart city industry that integrates application software customization development and intelligent and information system integration services Comprehensive solutions.

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