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Tsky Co (ROCO:6784) Debt-to-EBITDA : 3.21 (As of Jun. 2024)


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What is Tsky Co Debt-to-EBITDA?

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

Tsky Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was NT$8.4 Mil. Tsky Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was NT$34.2 Mil. Tsky Co's annualized EBITDA for the quarter that ended in Jun. 2024 was NT$13.3 Mil. Tsky Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 3.21.

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

ROCO:6784' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.2   Med: 0.97   Max: 2.99
Current: -5.2

During the past 7 years, the highest Debt-to-EBITDA Ratio of Tsky Co was 2.99. The lowest was -5.20. And the median was 0.97.

ROCO:6784's Debt-to-EBITDA is ranked worse than
100% of 1737 companies
in the Hardware industry
Industry Median: 1.88 vs ROCO:6784: -5.20

Tsky Co Debt-to-EBITDA Historical Data

The historical data trend for Tsky 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.

Tsky Co Debt-to-EBITDA Chart

Tsky Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.97 2.66 2.52 0.71 -0.80

Tsky Co Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.70 0.62 -8.18 -0.43 3.21

Competitive Comparison of Tsky Co's Debt-to-EBITDA

For the Consumer Electronics subindustry, Tsky 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.


Tsky Co's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



Tsky Co Debt-to-EBITDA Calculation

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

Tsky 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
=(3.125 + 9.501) / -15.722
=-0.80

Tsky Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.396 + 34.182) / 13.276
=3.21

* 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 (Jun. 2024) EBITDA data.


Tsky Co  (ROCO:6784) 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.


Tsky Co Debt-to-EBITDA Related Terms

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


Tsky Co Business Description

Traded in Other Exchanges
N/A
Address
21 Floor-2, No.8, Ziqiang S. Road, Hsinchu County 302, Zhubei, TWN
Tsky Co Ltd is engaged in manufacturing of several wearable products. It offers GPS watches, GPS bands, and wearable devices used for golf, running and cycling. It also provides antenna including Wi-Fi, 3G, 4G and RF connectors among others.

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