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Sublime China Information Co (SZSE:301299) Debt-to-EBITDA : 0.13 (As of Mar. 2024)


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What is Sublime China Information Co Debt-to-EBITDA?

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

Sublime China Information Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3.4 Mil. Sublime China Information Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥11.1 Mil. Sublime China Information Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥113.3 Mil. Sublime China Information Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.13.

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 Sublime China Information Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:301299' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.15   Med: 0.19   Max: 0.21
Current: 0.21

During the past 8 years, the highest Debt-to-EBITDA Ratio of Sublime China Information Co was 0.21. The lowest was 0.15. And the median was 0.19.

SZSE:301299's Debt-to-EBITDA is ranked better than
78.4% of 1616 companies
in the Software industry
Industry Median: 1.005 vs SZSE:301299: 0.21

Sublime China Information Co Debt-to-EBITDA Historical Data

The historical data trend for Sublime China Information 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.

Sublime China Information Co Debt-to-EBITDA Chart

Sublime China Information Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial - 0.19 0.19 0.15 0.19

Sublime China Information Co Quarterly Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 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 0.15 0.29 0.29 0.27 0.13

Competitive Comparison of Sublime China Information Co's Debt-to-EBITDA

For the Information Technology Services subindustry, Sublime China Information 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.


Sublime China Information Co's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Sublime China Information Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sublime China Information Co's Debt-to-EBITDA falls into.



Sublime China Information Co Debt-to-EBITDA Calculation

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

Sublime China Information 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
=(3.082 + 10.871) / 72.469
=0.19

Sublime China Information 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
=(3.365 + 11.113) / 113.32
=0.13

* 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.


Sublime China Information Co  (SZSE:301299) 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.


Sublime China Information Co Debt-to-EBITDA Related Terms

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


Sublime China Information Co (SZSE:301299) Business Description

Traded in Other Exchanges
N/A
Address
No. 186, North Beijing Road, Zhangdian District, Shandong Province, Zibo, CHN, 255095
Sublime China Information Co Ltd is commodity market data monitoring, transaction price evaluation and industry data analysis company.
Executives
Lu Hua Directors, executives

Sublime China Information Co (SZSE:301299) Headlines

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