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Chaheng Precision Co (ROCO:4546) Debt-to-EBITDA : 4.94 (As of Dec. 2023)


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What is Chaheng Precision Co Debt-to-EBITDA?

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

Chaheng Precision Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$942 Mil. Chaheng Precision Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$1,063 Mil. Chaheng Precision Co's annualized EBITDA for the quarter that ended in Dec. 2023 was NT$406 Mil. Chaheng Precision Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.94.

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 Chaheng Precision Co's Debt-to-EBITDA or its related term are showing as below:

ROCO:4546' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -214.34   Med: 4.11   Max: 14.04
Current: 5.67

During the past 13 years, the highest Debt-to-EBITDA Ratio of Chaheng Precision Co was 14.04. The lowest was -214.34. And the median was 4.11.

ROCO:4546's Debt-to-EBITDA is ranked worse than
78.85% of 227 companies
in the Aerospace & Defense industry
Industry Median: 2.25 vs ROCO:4546: 5.67

Chaheng Precision Co Debt-to-EBITDA Historical Data

The historical data trend for Chaheng Precision 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.

Chaheng Precision Co Debt-to-EBITDA Chart

Chaheng Precision Co 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 2.93 14.04 -214.34 8.61 5.67

Chaheng Precision Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -259.17 9.65 7.38 6.85 4.94

Competitive Comparison of Chaheng Precision Co's Debt-to-EBITDA

For the Aerospace & Defense subindustry, Chaheng Precision 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.


Chaheng Precision Co's Debt-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Chaheng Precision Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Chaheng Precision Co's Debt-to-EBITDA falls into.



Chaheng Precision Co Debt-to-EBITDA Calculation

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

Chaheng Precision Co'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
=(942.029 + 1063.291) / 353.807
=5.67

Chaheng Precision Co's annualized Debt-to-EBITDA for the quarter 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
=(942.029 + 1063.291) / 406.284
=4.94

* 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 (Dec. 2023) EBITDA data.


Chaheng Precision Co  (ROCO:4546) 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.


Chaheng Precision Co Debt-to-EBITDA Related Terms

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


Chaheng Precision Co (ROCO:4546) Business Description

Traded in Other Exchanges
N/A
Address
No.9, Luke 10th Road, Luzhu District, Kaohsiung, TWN, 821
Chaheng Precision Co Ltd is a Taiwan based manufacturer of aero engine components. Its products include precision equipment, airplane engine, Aero-engine Fan Blade, Aero-engine compressor, OGV diffuser, Aero-engine combustor, and other Products.

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