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E Ink Holdings (LUX:EINKH) Debt-to-EBITDA : 2.11 (As of Mar. 2024)


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What is E Ink Holdings Debt-to-EBITDA?

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

E Ink Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $363.8 Mil. E Ink Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $207.1 Mil. E Ink Holdings's annualized EBITDA for the quarter that ended in Mar. 2024 was $271.3 Mil. E Ink Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.10.

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

LUX:EINKH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.12   Med: 1.12   Max: 1.97
Current: 1.65

During the past 13 years, the highest Debt-to-EBITDA Ratio of E Ink Holdings was 1.97. The lowest was 0.12. And the median was 1.12.

LUX:EINKH's Debt-to-EBITDA is ranked better than
52.56% of 1739 companies
in the Hardware industry
Industry Median: 1.79 vs LUX:EINKH: 1.65

E Ink Holdings Debt-to-EBITDA Historical Data

The historical data trend for E Ink 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.

E Ink Holdings Debt-to-EBITDA Chart

E Ink Holdings 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 1.36 1.43 1.41 0.89 1.39

E Ink Holdings 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 1.30 0.94 1.15 1.92 2.11

Competitive Comparison of E Ink Holdings's Debt-to-EBITDA

For the Electronic Components subindustry, E Ink 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.


E Ink Holdings's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



E Ink Holdings Debt-to-EBITDA Calculation

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

E Ink Holdings'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
=(298.107 + 212.322) / 367.457
=1.39

E Ink Holdings'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
=(363.837 + 207.134) / 271.26
=2.10

* 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.


E Ink Holdings  (LUX:EINKH) 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.


E Ink Holdings Debt-to-EBITDA Related Terms

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


E Ink Holdings (LUX:EINKH) Business Description

Traded in Other Exchanges
Address
No. 3, Lixing 1st Road, Hsinchu Science-Based Industrial Park, Hsinchu, TWN, 300
E Ink Holdings Inc manufactures electronic paper products and thin-film transistors based on liquid crystal displays. The electronic paper is based on electrophoretic technology and is a critical display component in electronic readers, electronic shelf labels, mobile phones, and watches. The thin-film transistors have niche market applications in vehicles and entertainment systems, ship and air navigation, security monitoring, medical instruments, and cameras. The firm has operations in the ROC, Asia, and America.

E Ink Holdings (LUX:EINKH) Headlines

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