Qingsong Health Co (ROCO:6931) Debt-to-EBITDA : 3.92 (As of Dec. 2023)

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What is Qingsong Health Co Debt-to-EBITDA?

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

Qingsong Health Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$70.2 Mil. Qingsong Health Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$802.0 Mil. Qingsong Health Co's annualized EBITDA for the quarter that ended in Dec. 2023 was NT$222.6 Mil. Qingsong Health Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.92.

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

ROCO:6931' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.23 Med: 7.88 Max: 10.49
Current: 4.23

During the past 5 years, the highest Debt-to-EBITDA Ratio of Qingsong Health Co was 10.49. The lowest was 4.23. And the median was 7.88.

ROCO:6931's Debt-to-EBITDA is ranked worse than
69.93% of 429 companies
in the Healthcare Providers & Services industry
Industry Median: 2.55 vs ROCO:6931: 4.23

Qingsong Health Co Debt-to-EBITDA Historical Data

The historical data trend for Qingsong Health 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.

Qingsong Health Co Debt-to-EBITDA Chart

Qingsong Health Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

10.49

7.88

8.35

5.90

4.23

Qingsong Health Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			7.36	6.11	5.45	4.17	3.92

Competitive Comparison of Qingsong Health Co's Debt-to-EBITDA

For the Medical Care Facilities subindustry, Qingsong Health 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.

Qingsong Health Co's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Qingsong Health Co's Debt-to-EBITDA distribution charts can be found below:

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

Qingsong Health Co Debt-to-EBITDA Calculation

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

Qingsong Health 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
	=	(70.204	+	802.045)	/	206.396
	=	4.23

Qingsong Health 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
	=	(70.204	+	802.045)	/	222.6
	=	3.92

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.

Qingsong Health Co (ROCO:6931) 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.

Qingsong Health Co Debt-to-EBITDA Related Terms

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

Qingsong Health Co (ROCO:6931) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Qingsong Health Co Ltd (ROCO:6931) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 219, Section 3, Zhongtou West Road, Dali District, Taichung, TWN

Website

https://www.qingsong.com.tw

Qingsong Health Co Ltd is an elderly parental care organization. It provides a variety of care solutions from home to institutions to protect families, creates a livable living environment and provides warm care services, so that the elders can spend their old age with smiles and satisfaction in their silver-haired years.

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