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Asti Holdings (Asti Holdings) Debt-to-EBITDA : 1.52 (As of Jun. 2023)


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What is Asti Holdings Debt-to-EBITDA?

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

Asti Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $3.20 Mil. Asti Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $6.79 Mil. Asti Holdings's annualized EBITDA for the quarter that ended in Jun. 2023 was $6.57 Mil. Asti Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 1.52.

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 Asti Holdings's Debt-to-EBITDA or its related term are showing as below:

AIHGY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -110.81   Med: -0.88   Max: 3.5
Current: 3.04

During the past 13 years, the highest Debt-to-EBITDA Ratio of Asti Holdings was 3.50. The lowest was -110.81. And the median was -0.88.

AIHGY's Debt-to-EBITDA is not ranked
in the Semiconductors industry.
Industry Median: 1.565 vs AIHGY: 3.04

Asti Holdings Debt-to-EBITDA Historical Data

The historical data trend for Asti Holdings'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.

Asti Holdings Debt-to-EBITDA Chart

Asti Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.13 -0.37 0.19 0.71 -1.95

Asti Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 0.84 0.72 -0.43 0.34 1.52

Competitive Comparison of Asti Holdings's Debt-to-EBITDA

For the Semiconductor Equipment & Materials subindustry, Asti Holdings'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.


Asti Holdings's Debt-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Asti Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Asti Holdings Debt-to-EBITDA Calculation

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

Asti Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.805 + 1.229) / -2.074
=-1.95

Asti Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.199 + 6.787) / 6.572
=1.52

* 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 two times the quarterly (Jun. 2023) EBITDA data.


Asti Holdings  (GREY:AIHGY) 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.


Asti Holdings Debt-to-EBITDA Related Terms

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


Asti Holdings (Asti Holdings) Business Description

Traded in Other Exchanges
N/A
Address
33 Ubi Avenue 3, Number 08-69 Vertex, Singapore, SGP, 408868
Asti Holdings Ltd is engaged in research, design, develop and manufacture semiconductor equipment for customers. It provides an integrated range of services comprising Backend Equipment Solutions and Technologies ( BEST) and Services. The company offers equipment contract manufacturing services, which include manufacturing precision parts, modules, and standalone equipment assembly. It also designs and develops advanced packaging solutions for semiconductors, targeting the mobility and 3C convergent markets. The company's business comprises of Semiconductor Equipment, Semiconductor Manufacturing Services, Semiconductor Packaging Solutions, Equipment Contract Manufacturing Services (ECMS), and Services.

Asti Holdings (Asti Holdings) Headlines

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