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Gourmet Master Co (TPE:2723) Debt-to-EBITDA : 1.47 (As of Dec. 2023)


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What is Gourmet Master Co Debt-to-EBITDA?

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

Gourmet Master Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$1,285 Mil. Gourmet Master Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$2,720 Mil. Gourmet Master Co's annualized EBITDA for the quarter that ended in Dec. 2023 was NT$2,731 Mil. Gourmet Master Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.47.

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 Gourmet Master Co's Debt-to-EBITDA or its related term are showing as below:

TPE:2723' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.74   Max: 1.49
Current: 1.08

During the past 13 years, the highest Debt-to-EBITDA Ratio of Gourmet Master Co was 1.49. The lowest was 0.01. And the median was 0.74.

TPE:2723's Debt-to-EBITDA is ranked better than
80.29% of 274 companies
in the Restaurants industry
Industry Median: 2.975 vs TPE:2723: 1.08

Gourmet Master Co Debt-to-EBITDA Historical Data

The historical data trend for Gourmet Master Co'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.

Gourmet Master Co Debt-to-EBITDA Chart

Gourmet Master Co 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 1.41 1.37 1.17 1.49 1.08

Gourmet Master Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.52 1.15 1.11 1.13 1.47

Competitive Comparison of Gourmet Master Co's Debt-to-EBITDA

For the Restaurants subindustry, Gourmet Master Co'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.


Gourmet Master Co's Debt-to-EBITDA Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Gourmet Master Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Gourmet Master Co's Debt-to-EBITDA falls into.



Gourmet Master Co Debt-to-EBITDA Calculation

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

Gourmet Master Co'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
=(1284.743 + 2719.78) / 3707.455
=1.08

Gourmet Master Co's annualized Debt-to-EBITDA for the quarter 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
=(1284.743 + 2719.78) / 2731.26
=1.47

* 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 four times the quarterly (Dec. 2023) EBITDA data.


Gourmet Master Co  (TPE:2723) 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.


Gourmet Master Co Debt-to-EBITDA Related Terms

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


Gourmet Master Co (TPE:2723) Business Description

Traded in Other Exchanges
N/A
Address
No. 35, 23rd, Nantun District, Taichung, TWN
Gourmet Master Co Ltd operates a chain of cafe stores under the brand 85 Degrees Daily Cafe. Its branch footprints spread across the urban areas of Taiwan, Mainland China, and Hong Kong. The company also owns a few stores in the United States and Australia. The company is mainly engaged in the production and distribution of beverages, including coffee, tea, milk tea, and cold drinks, as well as bakery products such as cakes, bread, and Western-style desserts. Gourmet Master also engages in the retailing of packaged desserts, instant coffee, imported coffee beans, and gift boxes, as well as wholesale bakery machinery.

Gourmet Master Co (TPE:2723) Headlines

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