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Time Interconnect Technology (HKSE:01729) Debt-to-EBITDA : 7.31 (As of Sep. 2023)


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What is Time Interconnect Technology Debt-to-EBITDA?

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

Time Interconnect Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$2,831 Mil. Time Interconnect Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$621 Mil. Time Interconnect Technology's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$472 Mil. Time Interconnect Technology's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 7.31.

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

HKSE:01729' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.23   Med: 2.08   Max: 8.24
Current: 8.24

During the past 8 years, the highest Debt-to-EBITDA Ratio of Time Interconnect Technology was 8.24. The lowest was 0.23. And the median was 2.08.

HKSE:01729's Debt-to-EBITDA is ranked worse than
88.55% of 2279 companies
in the Industrial Products industry
Industry Median: 1.7 vs HKSE:01729: 8.24

Time Interconnect Technology Debt-to-EBITDA Historical Data

The historical data trend for Time Interconnect 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.

Time Interconnect Technology Debt-to-EBITDA Chart

Time Interconnect Technology Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Debt-to-EBITDA
Get a 7-Day Free Trial 0.23 7.26 3.78 2.76 3.25

Time Interconnect Technology Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 3.82 4.82 4.08 9.25 7.31

Competitive Comparison of Time Interconnect Technology's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Time Interconnect 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.


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

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

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



Time Interconnect Technology Debt-to-EBITDA Calculation

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

Time Interconnect Technology's Debt-to-EBITDA for the fiscal year that ended in Mar. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(798.731 + 322.267) / 345.104
=3.25

Time Interconnect Technology'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
=(2830.671 + 620.743) / 472.288
=7.31

* 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 (Sep. 2023) EBITDA data.


Time Interconnect Technology  (HKSE:01729) 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.


Time Interconnect Technology Debt-to-EBITDA Related Terms

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


Time Interconnect Technology (HKSE:01729) Business Description

Traded in Other Exchanges
N/A
Address
5 Science Park East Avenue, Units 213-221, 2/F, Building 5E, Hong Kong Science Park, Shatin, Hong Kong, HKG
Time Interconnect Technology Ltd is an investment holding company. The company operates in the manufacture and sales of a wide variety of copper, digital cable products, & optical fiber cable assemblies. The firm is organized into two main operating divisions Cable assembly, Digital cables, and Server. The company generates revenue from the Server segment which includes manufacturing and trading of server products. Geographically, the company derives a majority of its revenue from China and also has a presence in the United States of America; Netherlands; Singapore; Hong Kong, and Other Countries. The company serves Telecommunication and Data Communication; Healthcare and Transportation and Industrial markets.
Executives
Wang Laichun 2201 Interest of corporation controlled by you
Wang Laisheng 2201 Interest of corporation controlled by you
Li Xun You Xian Gong Si 2201 Interest of corporation controlled by you
Li Xun Jing Mi Gong Ye Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

Time Interconnect Technology (HKSE:01729) Headlines

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