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CCSC Technology International Holdings (CCSC Technology International Holdings) Debt-to-EBITDA : 10.85 (As of Sep. 2023)


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What is CCSC Technology International Holdings Debt-to-EBITDA?

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

CCSC Technology International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.44 Mil. CCSC Technology International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.34 Mil. CCSC Technology International Holdings's annualized EBITDA for the quarter that ended in Sep. 2023 was $0.16 Mil. CCSC Technology International Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 10.85.

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 CCSC Technology International Holdings's Debt-to-EBITDA or its related term are showing as below:

CCTG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.21   Med: 0.38   Max: 25.06
Current: 25.06

During the past 3 years, the highest Debt-to-EBITDA Ratio of CCSC Technology International Holdings was 25.06. The lowest was 0.21. And the median was 0.38.

CCTG's Debt-to-EBITDA is ranked worse than
97.42% of 2290 companies
in the Industrial Products industry
Industry Median: 1.72 vs CCTG: 25.06

CCSC Technology International Holdings Debt-to-EBITDA Historical Data

The historical data trend for CCSC Technology International 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.

CCSC Technology International Holdings Debt-to-EBITDA Chart

CCSC Technology International Holdings Annual Data
Trend Mar21 Mar22 Mar23
Debt-to-EBITDA
0.38 0.21 0.84

CCSC Technology International Holdings Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Debt-to-EBITDA Get a 7-Day Free Trial - 0.24 0.49 -99.00 10.85

Competitive Comparison of CCSC Technology International Holdings's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, CCSC Technology International 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.


CCSC Technology International Holdings's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CCSC Technology International Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where CCSC Technology International Holdings's Debt-to-EBITDA falls into.



CCSC Technology International Holdings Debt-to-EBITDA Calculation

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

CCSC Technology International 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
=(0.525 + 1.653) / 2.599
=0.84

CCSC Technology International 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
=(0.435 + 1.344) / 0.164
=10.85

* 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.


CCSC Technology International Holdings  (NAS:CCTG) 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.


CCSC Technology International Holdings Debt-to-EBITDA Related Terms

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


CCSC Technology International Holdings (CCSC Technology International Holdings) Business Description

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CCSC Technology International Holdings Ltd is a company primarily involved in the sale, design and manufacturing of interconnect products, including connectors, cables and wire harnesses. They specialize in customized interconnect products, including connectors, cables and harnesses that are used for a range of applications in a diversified set of industries, including industrial, automotive, robotics, medical equipment, computer, network and telecommunication, and consumer products.

CCSC Technology International Holdings (CCSC Technology International Holdings) Headlines