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Gudeng Equipment Co (ROCO:6953) Debt-to-EBITDA : 0.37 (As of Sep. 2024)


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What is Gudeng Equipment Co Debt-to-EBITDA?

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

Gudeng Equipment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$15 Mil. Gudeng Equipment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$134 Mil. Gudeng Equipment Co's annualized EBITDA for the quarter that ended in Sep. 2024 was NT$403 Mil. Gudeng Equipment Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.37.

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

ROCO:6953' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.04   Med: 0.08   Max: 0.55
Current: 0.55

During the past 4 years, the highest Debt-to-EBITDA Ratio of Gudeng Equipment Co was 0.55. The lowest was 0.04. And the median was 0.08.

ROCO:6953's Debt-to-EBITDA is ranked better than
69.13% of 703 companies
in the Semiconductors industry
Industry Median: 1.57 vs ROCO:6953: 0.55

Gudeng Equipment Co Debt-to-EBITDA Historical Data

The historical data trend for Gudeng Equipment 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.

Gudeng Equipment Co Debt-to-EBITDA Chart

Gudeng Equipment Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
- 0.04 0.08 0.13

Gudeng Equipment Co Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.53 0.12 0.11 0.37

Competitive Comparison of Gudeng Equipment Co's Debt-to-EBITDA

For the Semiconductor Equipment & Materials subindustry, Gudeng Equipment 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.


Gudeng Equipment Co's Debt-to-EBITDA Distribution in the Semiconductors Industry

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

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



Gudeng Equipment Co Debt-to-EBITDA Calculation

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

Gudeng Equipment 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
=(9.471 + 29.279) / 300.187
=0.13

Gudeng Equipment Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(14.684 + 134.257) / 402.776
=0.37

* 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 (Sep. 2024) EBITDA data.


Gudeng Equipment Co  (ROCO:6953) 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.


Gudeng Equipment Co Debt-to-EBITDA Related Terms

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


Gudeng Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
No. 117, Section 1, Jiafeng 11th Road, Hsinchu County, Zhubei City, TWN, 302052
Gudeng Equipment Co Ltd offers EUV photomasks and high-end photomask transfer automation technology solutions in semiconductor manufacturing processes. The product offerings comprise photomask cleaning, exchange, and inspection, as well as micro-environment storage and smart warehouse management.

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