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China Jo-Jo Drugstores (China Jo-Jo Drugstores) Debt-to-EBITDA : -32.81 (As of Sep. 2023)


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What is China Jo-Jo Drugstores Debt-to-EBITDA?

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

China Jo-Jo Drugstores's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $29.6 Mil. China Jo-Jo Drugstores's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $7.4 Mil. China Jo-Jo Drugstores's annualized EBITDA for the quarter that ended in Sep. 2023 was $-1.1 Mil. China Jo-Jo Drugstores's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -32.81.

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

CJJD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -83.92   Med: -1.69   Max: 52.64
Current: -1.76

During the past 13 years, the highest Debt-to-EBITDA Ratio of China Jo-Jo Drugstores was 52.64. The lowest was -83.92. And the median was -1.69.

CJJD's Debt-to-EBITDA is ranked worse than
100% of 429 companies
in the Healthcare Providers & Services industry
Industry Median: 2.57 vs CJJD: -1.76

China Jo-Jo Drugstores Debt-to-EBITDA Historical Data

The historical data trend for China Jo-Jo Drugstores'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.

China Jo-Jo Drugstores Debt-to-EBITDA Chart

China Jo-Jo Drugstores Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.64 -14.88 -7.62 -83.92 -2.11

China Jo-Jo Drugstores Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 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 46.08 -21.24 38.93 -1.03 -32.81

Competitive Comparison of China Jo-Jo Drugstores's Debt-to-EBITDA

For the Pharmaceutical Retailers subindustry, China Jo-Jo Drugstores'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.


China Jo-Jo Drugstores's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, China Jo-Jo Drugstores's Debt-to-EBITDA distribution charts can be found below:

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



China Jo-Jo Drugstores Debt-to-EBITDA Calculation

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

China Jo-Jo Drugstores'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
=(34.387 + 7.768) / -19.96
=-2.11

China Jo-Jo Drugstores'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
=(29.566 + 7.445) / -1.128
=-32.81

* 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.


China Jo-Jo Drugstores  (NAS:CJJD) 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.


China Jo-Jo Drugstores Debt-to-EBITDA Related Terms

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


China Jo-Jo Drugstores (China Jo-Jo Drugstores) Business Description

Traded in Other Exchanges
N/A
Address
386 Shangtang Road, Hai Wai Hai Tongxin Mansion Floor 6, Gong Shu District, Zhejiang Province, Hangzhou, CHN, 310008
China Jo-Jo Drugstores Inc is a retailer and distributor of pharmaceutical products. The company's operating segments include Retail drugstores, Online Pharmacy, Drug wholesale, and Herb farming. Retail drugstores segment sells prescription and over-the-counter medicines, TCM, dietary supplements, medical devices, and sundry items to retail customers. The online pharmacy segment sells drugs through third-party platforms such as Alibaba's Tmall, JD.com, and Amazon.com. It generates maximum revenue from the Retail drugstores segment.
Executives
Wei Hu officer: Chief Operating Officer HAI WAI HAI TONGXIN MANSION FLOOR 6 GONG SHU DISTRICT HANGZHOU CITY F4 310008
Pingfan Wu director HAI WAI HAI TONGXIN MANSION FLOOR 6 GONG SHU DISTRICT HANGZHOU CITY F4 310008
Jiangliang He director HAI WAI HAI TONGXIN MANSION FLOOR 6 GONG SHU DISTRICT HANGZHOU CITY NY 310008
Liu Yan officer: Secretary HAI WAI HAI TONGXIN MANSION FLOOR 6 GONG SHU DISTRICT HANGZHOU CITY, ZHEJIANG PROVIN F4 310008
Lei Liu director, 10 percent owner, officer: CEO, Chairman of the Board ROOM 507-513, 5TH FLOOR,A BUILDING MEIDU PLAZA, GONGSHU DISTRICT HANGZHOU F4 310011
Ming Zhao director, 10 percent owner, officer: Chief Financial Officer 1ST FLOOR, YUZHENG PLAZA, NO. 76, YUHUANGSHAN ROAD, HANGZHOU, ZHEJIANG PROVINCE F4 00000
Caroline Wang director HAI WAI HAI TONGXIN MANSION FLOOR 6 GONG SHU DISTRICT HANGZHOU CITY F4 310008
Hillhouse Investment Management, Ltd. 10 percent owner OFFICE #122, WINDWARD 3 BUILDING, REGATTA OFFICE PARK, WEST BAY ROAD, GRAND CAYMAN E9 KY1-9006
Li Lei director, 10 percent owner, officer: CEO, Chairman of the Board 511 NE 94TH STREET MIAMI SHORES FL 33138
Li Qi director, 10 percent owner, officer: Secretary ROOM 507-513, 5TH FLOOR, A BUILDING MEIDU PLAZA, GONGSHU DISTRICT HANGZHOU F4 310011
Zhimin Su director 3601B THE CENTER, 989 CHANGLE ROAD SHANGHAI F4 200031
Genghua Gu director 1ST FLOOR, YUZHENG PLAZA NO.76, YUHUANGSHAN ROAD HANGZHOU, ZHEJIANG PROVINCE F4 310002
Taihong Guo director 7TH FLOOR, QINGCHUNBAO GROUP NO. 555 XIXI ROAD HANGZHOU F4 310013
Tchaikovsky Bennet Price Jr other: Former Director 11601 WILSHIRE BOULEVARD, SUITE 2150, LOS ANGELES CA 90025
Marc Thomas Serrio other: Former Director P.O. BOX 91836 PASADENA CA 91109