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GMT Global (ROCO:4573) Debt-to-EBITDA : 43.73 (As of Dec. 2023)


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What is GMT Global Debt-to-EBITDA?

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

GMT Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$115.0 Mil. GMT Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$824.3 Mil. GMT Global's annualized EBITDA for the quarter that ended in Dec. 2023 was NT$21.5 Mil. GMT Global's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 43.73.

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 GMT Global's Debt-to-EBITDA or its related term are showing as below:

ROCO:4573' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -63.42   Med: 5.86   Max: 26.23
Current: -32.85

During the past 9 years, the highest Debt-to-EBITDA Ratio of GMT Global was 26.23. The lowest was -63.42. And the median was 5.86.

ROCO:4573's Debt-to-EBITDA is ranked worse than
100% of 1737 companies
in the Hardware industry
Industry Median: 1.8 vs ROCO:4573: -32.85

GMT Global Debt-to-EBITDA Historical Data

The historical data trend for GMT Global'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.

GMT Global Debt-to-EBITDA Chart

GMT Global Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only -63.42 12.33 26.23 20.47 -32.85

GMT Global Semi-Annual Data
Dec15 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 -229.50 13.99 41.77 -13.24 43.73

Competitive Comparison of GMT Global's Debt-to-EBITDA

For the Electronic Components subindustry, GMT Global'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.


GMT Global's Debt-to-EBITDA Distribution in the Hardware Industry

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

* The bar in red indicates where GMT Global's Debt-to-EBITDA falls into.



GMT Global Debt-to-EBITDA Calculation

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

GMT Global'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
=(115.008 + 824.327) / -28.593
=-32.85

GMT Global'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
=(115.008 + 824.327) / 21.482
=43.73

* 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.


GMT Global  (ROCO:4573) 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.


GMT Global Debt-to-EBITDA Related Terms

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


GMT Global (ROCO:4573) Business Description

Traded in Other Exchanges
N/A
Address
No. 357, Section 1, Yaofeng Road, Puxin Township, Changhua County, Changhua, TWN, 50442
GMT Global Inc is engaged in the manufacturing of the precision die, precision dies sets and mold components. The company also helps in the fields of biomedical genetic engineering, precision optical engineering, MEMS manufacturing and other fields with the manufacturing of positioning stage elements. Its products profile include Actuators, Electric Gripper, Linear Cylinder, Optical Table, Hi-resolution stage, and others.

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