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Golden Long Teng Development Co (ROCO:3188) Debt-to-EBITDA : 46.90 (As of Sep. 2023)


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What is Golden Long Teng Development Co Debt-to-EBITDA?

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

Golden Long Teng Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was NT$3,061 Mil. Golden Long Teng Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was NT$1,395 Mil. Golden Long Teng Development Co's annualized EBITDA for the quarter that ended in Sep. 2023 was NT$95 Mil. Golden Long Teng Development Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 46.90.

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 Golden Long Teng Development Co's Debt-to-EBITDA or its related term are showing as below:

ROCO:3188' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -13.25   Med: 15.31   Max: 33.25
Current: 27.56

During the past 13 years, the highest Debt-to-EBITDA Ratio of Golden Long Teng Development Co was 33.25. The lowest was -13.25. And the median was 15.31.

ROCO:3188's Debt-to-EBITDA is ranked worse than
90.18% of 1263 companies
in the Real Estate industry
Industry Median: 5.66 vs ROCO:3188: 27.56

Golden Long Teng Development Co Debt-to-EBITDA Historical Data

The historical data trend for Golden Long Teng Development 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.

Golden Long Teng Development Co Debt-to-EBITDA Chart

Golden Long Teng Development 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 15.31 18.33 33.25 9.67 30.55

Golden Long Teng Development Co Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 -145.91 -92.43 6.96 199.70 46.90

Competitive Comparison of Golden Long Teng Development Co's Debt-to-EBITDA

For the Real Estate - Development subindustry, Golden Long Teng Development 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.


Golden Long Teng Development Co's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Golden Long Teng Development Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Golden Long Teng Development Co's Debt-to-EBITDA falls into.



Golden Long Teng Development Co Debt-to-EBITDA Calculation

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

Golden Long Teng Development 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
=(2941.439 + 750.988) / 120.853
=30.55

Golden Long Teng Development 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
=(3061.4 + 1394.977) / 95.02
=46.90

* 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.


Golden Long Teng Development Co  (ROCO:3188) 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.


Golden Long Teng Development Co Debt-to-EBITDA Related Terms

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


Golden Long Teng Development Co (ROCO:3188) Business Description

Traded in Other Exchanges
N/A
Address
No. 33, Mingcheng 4th Road, Longshui Vil., Gushan District, Kaohsiung, TWN, 80457
Golden Long Teng Development Co Ltd is engaged in residential construction and building development. The company's segment includes Construction and Development Department and Construction Department. It generates maximum revenue from the Construction and Development Department segment.

Golden Long Teng Development Co (ROCO:3188) Headlines

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