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Great China Metal Industry Co (TPE:9905) Debt-to-EBITDA : 1.32 (As of Sep. 2023)


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What is Great China Metal Industry Co Debt-to-EBITDA?

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

Great China Metal Industry Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was NT$1,752 Mil. Great China Metal Industry Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was NT$11 Mil. Great China Metal Industry Co's annualized EBITDA for the quarter that ended in Sep. 2023 was NT$1,336 Mil. Great China Metal Industry Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 1.32.

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 Great China Metal Industry Co's Debt-to-EBITDA or its related term are showing as below:

TPE:9905' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.75   Med: 0.98   Max: 1.76
Current: 1.76

During the past 13 years, the highest Debt-to-EBITDA Ratio of Great China Metal Industry Co was 1.76. The lowest was 0.75. And the median was 0.98.

TPE:9905's Debt-to-EBITDA is ranked better than
64.11% of 326 companies
in the Packaging & Containers industry
Industry Median: 2.525 vs TPE:9905: 1.76

Great China Metal Industry Co Debt-to-EBITDA Historical Data

The historical data trend for Great China Metal Industry 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.

Great China Metal Industry Co Debt-to-EBITDA Chart

Great China Metal Industry Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 1.01 0.91 1.10 1.60

Great China Metal Industry Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.20 2.08 1.97 1.43 1.32

Competitive Comparison of Great China Metal Industry Co's Debt-to-EBITDA

For the Packaging & Containers subindustry, Great China Metal Industry 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.


Great China Metal Industry Co's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Great China Metal Industry Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Great China Metal Industry Co's Debt-to-EBITDA falls into.



Great China Metal Industry Co Debt-to-EBITDA Calculation

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

Great China Metal Industry Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1643.135 + 15.2) / 1038.808
=1.60

Great China Metal Industry Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1752.493 + 10.74) / 1335.66
=1.32

* 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 (Sep. 2023) EBITDA data.


Great China Metal Industry Co  (TPE:9905) 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.


Great China Metal Industry Co Debt-to-EBITDA Related Terms

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


Great China Metal Industry Co (TPE:9905) Business Description

Traded in Other Exchanges
N/A
Address
No. 293-805, Songjiang Road, Zhongshan District, Taipei, TWN
Great China Metal Industry Co Ltd engaged in providing printing services for metal, manufacturing and selling metal containers, other plastic products, and packing machines. The company's primary product categories include aluminum packaging, steel packaging, and plastic packaging. The aluminum packaging products include two-piece aluminum cans, which are used for beverages. The steel packaging products include three-piece steel cans used for beverages and draw and redraw cans used for food. The plastic packaging products include plastic closures, which are used for beverages and stretch films.

Great China Metal Industry Co (TPE:9905) Headlines

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