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Taiwan Advanced Nanotech (ROCO:6797) Debt-to-EBITDA : N/A (As of Dec. 2023)


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What is Taiwan Advanced Nanotech Debt-to-EBITDA?

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

Taiwan Advanced Nanotech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$297.5 Mil. Taiwan Advanced Nanotech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$193.2 Mil. Taiwan Advanced Nanotech's annualized EBITDA for the quarter that ended in Dec. 2023 was NT$0.0 Mil.

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 Taiwan Advanced Nanotech's Debt-to-EBITDA or its related term are showing as below:

During the past 7 years, the highest Debt-to-EBITDA Ratio of Taiwan Advanced Nanotech was 0.75. The lowest was -4.30. And the median was -0.93.

ROCO:6797's Debt-to-EBITDA is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 1.26
* Ranked among companies with meaningful Debt-to-EBITDA only.

Taiwan Advanced Nanotech Debt-to-EBITDA Historical Data

The historical data trend for Taiwan Advanced Nanotech'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.

Taiwan Advanced Nanotech Debt-to-EBITDA Chart

Taiwan Advanced Nanotech Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -1.81 0.44 0.58 0.75 -4.30

Taiwan Advanced Nanotech Quarterly Data
Dec17 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 0.19 1.01 N/A N/A N/A

Competitive Comparison of Taiwan Advanced Nanotech's Debt-to-EBITDA

For the Medical Devices subindustry, Taiwan Advanced Nanotech'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.


Taiwan Advanced Nanotech's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Taiwan Advanced Nanotech's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Taiwan Advanced Nanotech's Debt-to-EBITDA falls into.



Taiwan Advanced Nanotech Debt-to-EBITDA Calculation

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

Taiwan Advanced Nanotech'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
=(297.497 + 193.183) / -114.058
=-4.30

Taiwan Advanced Nanotech'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
=(297.497 + 193.183) / 0
=N/A

* 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. 2023) EBITDA data.


Taiwan Advanced Nanotech  (ROCO:6797) 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.


Taiwan Advanced Nanotech Debt-to-EBITDA Related Terms

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


Taiwan Advanced Nanotech (ROCO:6797) Business Description

Traded in Other Exchanges
N/A
Address
No. 188, Wenhe Road, 6th Floor, Leshan Lane, Guishan District, Taoyuan City, TWN, 330
Taiwan Advanced Nanotech Inc is engaged in development and manufacturing of various functional nanoparticles and automated nucleic acid extraction machines and trading related businesses. With expertise in automation, buffer optimization and modification of magnetic beads, it focuses on offering customer convenient and practical solutions to advance research, life science and molecular diagnostics. It offers various products to meet the requirements of customers. The company's products include Automated Extraction Instruments; Reagent Kit; Mag Nanoparticles; and Consumables.

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