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Waffer Technology (TPE:6235) Debt-to-EBITDA : 1.00 (As of Dec. 2023)


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What is Waffer Technology Debt-to-EBITDA?

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

Waffer Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$828 Mil. Waffer Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$703 Mil. Waffer Technology's annualized EBITDA for the quarter that ended in Dec. 2023 was NT$1,531 Mil. Waffer Technology's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.00.

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 Waffer Technology's Debt-to-EBITDA or its related term are showing as below:

TPE:6235' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.88   Med: 1.15   Max: 6.75
Current: 1.06

During the past 13 years, the highest Debt-to-EBITDA Ratio of Waffer Technology was 6.75. The lowest was -4.88. And the median was 1.15.

TPE:6235's Debt-to-EBITDA is ranked better than
62.05% of 2295 companies
in the Industrial Products industry
Industry Median: 1.74 vs TPE:6235: 1.06

Waffer Technology Debt-to-EBITDA Historical Data

The historical data trend for Waffer Technology'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.

Waffer Technology Debt-to-EBITDA Chart

Waffer Technology 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 -4.88 1.01 2.31 1.01 1.06

Waffer Technology 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 0.73 0.63 0.76 1.13 1.00

Competitive Comparison of Waffer Technology's Debt-to-EBITDA

For the Metal Fabrication subindustry, Waffer Technology'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.


Waffer Technology's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Waffer Technology's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Waffer Technology's Debt-to-EBITDA falls into.



Waffer Technology Debt-to-EBITDA Calculation

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

Waffer Technology'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
=(827.887 + 702.595) / 1445.515
=1.06

Waffer Technology'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
=(827.887 + 702.595) / 1531.008
=1.00

* 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.


Waffer Technology  (TPE:6235) 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.


Waffer Technology Debt-to-EBITDA Related Terms

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


Waffer Technology (TPE:6235) Business Description

Traded in Other Exchanges
N/A
Address
No.200 Wenhua 2nd Rd, Guishan Township, Taoyuan, TWN, 33377
Waffer Technology Corp is a Taiwan-based company, that engages in the manufacture and sale of magnesium alloy and aluminum alloy die-casting components and products. It is engaged in the provision of a light-metal solution of magnesium and aluminum alloy, mold and tooling research and development, magnesium alloy injection, magnesium die-casting, CNC, and painting and assembly of vertical integration OEM/ODM processing. It serves its services to medical, industrial, telecommunications, construction, automotive, sporting goods, aeronautical, transportation, national defense, and other industries.

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