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King Core Electronics (TPE:6155) Debt-to-EBITDA : 3.06 (As of Mar. 2024)


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What is King Core Electronics Debt-to-EBITDA?

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

King Core Electronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$522.9 Mil. King Core Electronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$0.0 Mil. King Core Electronics's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$170.8 Mil. King Core Electronics's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.06.

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 King Core Electronics's Debt-to-EBITDA or its related term are showing as below:

TPE:6155' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.04   Med: 3.7   Max: 11.31
Current: 3.88

During the past 13 years, the highest Debt-to-EBITDA Ratio of King Core Electronics was 11.31. The lowest was 2.04. And the median was 3.70.

TPE:6155's Debt-to-EBITDA is ranked worse than
72.9% of 1738 companies
in the Hardware industry
Industry Median: 1.8 vs TPE:6155: 3.88

King Core Electronics Debt-to-EBITDA Historical Data

The historical data trend for King Core Electronics'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.

King Core Electronics Debt-to-EBITDA Chart

King Core Electronics 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 3.75 11.31 8.66 2.10 3.96

King Core Electronics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.63 3.22 2.20 -13.50 3.06

Competitive Comparison of King Core Electronics's Debt-to-EBITDA

For the Electronic Components subindustry, King Core Electronics'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.


King Core Electronics's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, King Core Electronics's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where King Core Electronics's Debt-to-EBITDA falls into.



King Core Electronics Debt-to-EBITDA Calculation

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

King Core Electronics'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
=(494.951 + 0) / 125.129
=3.96

King Core Electronics's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(522.894 + 0) / 170.812
=3.06

* 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 (Mar. 2024) EBITDA data.


King Core Electronics  (TPE:6155) 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.


King Core Electronics Debt-to-EBITDA Related Terms

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


King Core Electronics (TPE:6155) Business Description

Traded in Other Exchanges
N/A
Address
No.269, Nanfeng Road,, Pingzhen District,, Taoyuan, TWN, 324
King Core Electronics Inc is a manufacturer and service provider of inductance components and electromagnetic interference countermeasures. The company manufactures soft ferrites, magnetic core Flyback converters, convergence coils, delay-line filtering, electromagnetic component, micro coil, common mode choke, other coils, multilayer chip inductors, bead core/ chip beads, bead array, high-frequency ceramic chip inductors, telecommunications inductor and electromagnetic interference (EMI), converters and sales of the mentioned products.

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