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Thintech Material Technology Co (ROCO:3663) Debt-to-EBITDA : 4.86 (As of Dec. 2024)


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What is Thintech Material Technology Co Debt-to-EBITDA?

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

Thintech Material Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$796 Mil. Thintech Material Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$561 Mil. Thintech Material Technology Co's annualized EBITDA for the quarter that ended in Dec. 2024 was NT$280 Mil. Thintech Material Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 4.86.

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 Thintech Material Technology Co's Debt-to-EBITDA or its related term are showing as below:

ROCO:3663' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.61   Med: 1.56   Max: 6.82
Current: 6.25

During the past 13 years, the highest Debt-to-EBITDA Ratio of Thintech Material Technology Co was 6.82. The lowest was -4.61. And the median was 1.56.

ROCO:3663's Debt-to-EBITDA is ranked worse than
84.02% of 2290 companies
in the Industrial Products industry
Industry Median: 1.72 vs ROCO:3663: 6.25

Thintech Material Technology Co Debt-to-EBITDA Historical Data

The historical data trend for Thintech Material Technology 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.

Thintech Material Technology Co Debt-to-EBITDA Chart

Thintech Material Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 1.31 1.71 6.82 5.43

Thintech Material Technology Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 7.47 4.23 6.16 7.84 4.86

Competitive Comparison of Thintech Material Technology Co's Debt-to-EBITDA

For the Metal Fabrication subindustry, Thintech Material Technology 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.


Thintech Material Technology Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

* The bar in red indicates where Thintech Material Technology Co's Debt-to-EBITDA falls into.


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Thintech Material Technology Co Debt-to-EBITDA Calculation

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

Thintech Material Technology Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(796.29 + 561.013) / 250.196
=5.42

Thintech Material Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(796.29 + 561.013) / 279.532
=4.86

* 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 (Dec. 2024) EBITDA data.


Thintech Material Technology Co  (ROCO:3663) 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.


Thintech Material Technology Co Debt-to-EBITDA Related Terms

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


Thintech Material Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 140, Zhongshan North Road, 8F-4 Floor, Gangshan District, Kaohsiung, TWN
Thintech Material Technology Co Ltd is a Taiwan-based company engaged in the processing and sales of a variety of thin film sputtering targets and precious metals, as well as trading general metals. Its products include conductive paste for solar cells, thin film for sputtering targets, target bonding service, precious metal refining, injection molding bi-metal barrels, and special alloy powder. It is engaged in four segments: ThinTech Materials Technology Co., Ltd, Taicang TCMC, Ltd., Changzhou CSPM, Ltd, and Others. Key revenue is generated from ThinTech Materials Technology Co., Ltd which is engaged in the processing and sales of various thin film sputtering targets and precious metals, as well as trading of general metals.

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