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Advanced Wireless & Antenna (ROCO:6818) Debt-to-EBITDA : 1.69 (As of Dec. 2023)


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What is Advanced Wireless & Antenna Debt-to-EBITDA?

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

Advanced Wireless & Antenna's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$103.7 Mil. Advanced Wireless & Antenna's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$48.5 Mil. Advanced Wireless & Antenna's annualized EBITDA for the quarter that ended in Dec. 2023 was NT$89.9 Mil. Advanced Wireless & Antenna's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.69.

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 Advanced Wireless & Antenna's Debt-to-EBITDA or its related term are showing as below:

ROCO:6818' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -174.11   Med: 2.17   Max: 2.97
Current: 2.32

During the past 5 years, the highest Debt-to-EBITDA Ratio of Advanced Wireless & Antenna was 2.97. The lowest was -174.11. And the median was 2.17.

ROCO:6818's Debt-to-EBITDA is ranked worse than
57.02% of 1738 companies
in the Hardware industry
Industry Median: 1.795 vs ROCO:6818: 2.32

Advanced Wireless & Antenna Debt-to-EBITDA Historical Data

The historical data trend for Advanced Wireless & Antenna'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.

Advanced Wireless & Antenna Debt-to-EBITDA Chart

Advanced Wireless & Antenna Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
1.81 2.17 -174.11 2.97 2.32

Advanced Wireless & Antenna Semi-Annual Data
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 10.38 2.41 3.14 3.83 1.69

Competitive Comparison of Advanced Wireless & Antenna's Debt-to-EBITDA

For the Electronic Components subindustry, Advanced Wireless & Antenna'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.


Advanced Wireless & Antenna's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Advanced Wireless & Antenna's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Advanced Wireless & Antenna's Debt-to-EBITDA falls into.



Advanced Wireless & Antenna Debt-to-EBITDA Calculation

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

Advanced Wireless & Antenna'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
=(103.745 + 48.458) / 65.516
=2.32

Advanced Wireless & Antenna'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
=(103.745 + 48.458) / 89.86
=1.69

* 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.


Advanced Wireless & Antenna  (ROCO:6818) 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.


Advanced Wireless & Antenna Debt-to-EBITDA Related Terms

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


Advanced Wireless & Antenna (ROCO:6818) Business Description

Traded in Other Exchanges
N/A
Address
Beixin Road., Xindian District, B2F, Number 207-1, Sec 3, New Taipei City, Taipei, TWN, 231
Advanced Wireless & Antenna Inc is engaged in designing and manufacturing the electronic components for IT, digital home appliances, and portable devices. Its products include V2X, IOT, IT and Networking.

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