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WCHNF (West China Cement) Debt-to-EBITDA : 7.83 (As of Jun. 2024)


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What is West China Cement Debt-to-EBITDA?

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

West China Cement's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $548 Mil. West China Cement's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $1,072 Mil. West China Cement's annualized EBITDA for the quarter that ended in Jun. 2024 was $207 Mil. West China Cement's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 7.82.

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

WCHNF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.87   Med: 2.81   Max: 11.58
Current: 11.58

During the past 13 years, the highest Debt-to-EBITDA Ratio of West China Cement was 11.58. The lowest was 0.87. And the median was 2.81.

WCHNF's Debt-to-EBITDA is ranked worse than
90.82% of 316 companies
in the Building Materials industry
Industry Median: 2.17 vs WCHNF: 11.58

West China Cement Debt-to-EBITDA Historical Data

The historical data trend for West China Cement'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.

West China Cement Debt-to-EBITDA Chart

West China Cement Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 1.27 2.66 2.96 4.07

West China Cement Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 4.03 5.62 4.95 20.52 7.83

Competitive Comparison of West China Cement's Debt-to-EBITDA

For the Building Materials subindustry, West China Cement'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.


West China Cement's Debt-to-EBITDA Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, West China Cement's Debt-to-EBITDA distribution charts can be found below:

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



West China Cement Debt-to-EBITDA Calculation

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

West China Cement'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
=(508.783 + 986.471) / 367.098
=4.07

West China Cement's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(548.065 + 1072.496) / 207.102
=7.82

* 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 (Jun. 2024) EBITDA data.


West China Cement  (OTCPK:WCHNF) 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.


West China Cement Debt-to-EBITDA Related Terms

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


West China Cement Business Description

Traded in Other Exchanges
Address
No. 336 4th Shenzhou Road, Yaobai R&D Training Center, Aerospace Industrial Base, Chang’an District, Xian, Shaanxi, CHN
West China Cement Ltd is a producer of cement and supplies its products to the infrastructure, urban, and rural construction markets in China. The primary use of West China's cement is in the construction of infrastructure projects such as highways, bridges, railways, roads, and residential buildings.

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