GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Want Want China Holdings Ltd (OTCPK:WWNTF) » Definitions » Debt-to-EBITDA

Want Want China Holdings (Want Want China Holdings) Debt-to-EBITDA : 1.57 (As of Sep. 2023)


View and export this data going back to . Start your Free Trial

What is Want Want China Holdings Debt-to-EBITDA?

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

Want Want China Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $826 Mil. Want Want China Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $254 Mil. Want Want China Holdings's annualized EBITDA for the quarter that ended in Sep. 2023 was $690 Mil. Want Want China Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 1.57.

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 Want Want China Holdings's Debt-to-EBITDA or its related term are showing as below:

WWNTF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.95   Med: 1.41   Max: 1.65
Current: 1.44

During the past 13 years, the highest Debt-to-EBITDA Ratio of Want Want China Holdings was 1.65. The lowest was 0.95. And the median was 1.41.

WWNTF's Debt-to-EBITDA is ranked better than
60.22% of 1423 companies
in the Consumer Packaged Goods industry
Industry Median: 2.13 vs WWNTF: 1.44

Want Want China Holdings Debt-to-EBITDA Historical Data

The historical data trend for Want Want China Holdings'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.

Want Want China Holdings Debt-to-EBITDA Chart

Want Want China Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 1.44 1.41 1.03 0.95

Want Want China Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1.42 1.21 1.41 1.01 1.57

Competitive Comparison of Want Want China Holdings's Debt-to-EBITDA

For the Packaged Foods subindustry, Want Want China Holdings'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.


Want Want China Holdings's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Want Want China Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Want Want China Holdings's Debt-to-EBITDA falls into.



Want Want China Holdings Debt-to-EBITDA Calculation

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

Want Want China Holdings's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(495.665 + 318.185) / 861.214
=0.95

Want Want China Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(825.905 + 253.675) / 689.58
=1.57

* 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 two times the quarterly (Sep. 2023) EBITDA data.


Want Want China Holdings  (OTCPK:WWNTF) 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.


Want Want China Holdings Debt-to-EBITDA Related Terms

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


Want Want China Holdings (Want Want China Holdings) Business Description

Traded in Other Exchanges
Address
No. 18 Sheung Yuet Road, Units 07-08, 7th Floor, FTLife Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Want Want is major player in the China packaged food and beverage sector. The company was founded in 1962 in Taiwan and entered the mainland Chinese market in 1989. Its flagship products, such as Hot-Kid milk and Want Want rice crackers, are market leaders in the respective sub-segments. With a primary focus in mainland China, the company also exports to overseas markets. As at March 2021, Want Want China had 422 sales offices, 35 production bases and 81 factories on the Chinese mainland and worked with around 9,000 distributors.

Want Want China Holdings (Want Want China Holdings) Headlines

No Headlines