Planet Green Holdings Debt-to-EBITDA Ratio Growth & History (PLAG)

Planet Green Holdings's debt-to-ebitda ratio was 0.66 for fiscal 2015.

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Planet Green Holdings annual debt-to-ebitda ratio history

Planet Green Holdings annual debt-to-ebitda ratio

Fiscal yearPeriod endedDebt-to-EBITDA ratioChangeGrowth
20152015-12-310.66−1.04−61.26%
20142014-12-311.700.17+11.40%
20132013-12-311.531.04+214.65%
20122012-12-310.490.48+25681.48%
20112011-12-310.00−0.18−98.96%
20102010-12-310.18

Planet Green Holdings debt-to-ebitda ratio trends

Over the last five fiscal years, Planet Green Holdings's debt-to-ebitda ratio increased from 0.18 to 0.66, a change of 0.48. The latest reported quarter, Q3 2016, shows 1.65.

About the metric

What the debt-to-EBITDA ratio means

Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.

Calculation and source

How debt-to-EBITDA is calculated

TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Planet Green Holdings source filings ↗

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