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Hefei Chipmore Technology Co (SHSE:688352) Debt-to-EBITDA : 1.33 (As of Sep. 2024)


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What is Hefei Chipmore Technology Co Debt-to-EBITDA?

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

Hefei Chipmore Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥198 Mil. Hefei Chipmore Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥239 Mil. Hefei Chipmore Technology Co's annualized EBITDA for the quarter that ended in Sep. 2024 was ¥330 Mil. Hefei Chipmore Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 1.33.

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

SHSE:688352' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.88   Med: 1.95   Max: 4.37
Current: 1.05

During the past 5 years, the highest Debt-to-EBITDA Ratio of Hefei Chipmore Technology Co was 4.37. The lowest was 0.88. And the median was 1.95.

SHSE:688352's Debt-to-EBITDA is ranked better than
60.03% of 703 companies
in the Semiconductors industry
Industry Median: 1.57 vs SHSE:688352: 1.05

Hefei Chipmore Technology Co Debt-to-EBITDA Historical Data

The historical data trend for Hefei Chipmore Technology 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.

Hefei Chipmore Technology Co Debt-to-EBITDA Chart

Hefei Chipmore Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
4.37 3.52 1.95 1.74 0.88

Hefei Chipmore Technology Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only Premium Member Only 1.20 1.18 1.21 1.07 1.33

Competitive Comparison of Hefei Chipmore Technology Co's Debt-to-EBITDA

For the Semiconductor Equipment & Materials subindustry, Hefei Chipmore Technology 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.


Hefei Chipmore Technology Co's Debt-to-EBITDA Distribution in the Semiconductors Industry

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

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



Hefei Chipmore Technology Co Debt-to-EBITDA Calculation

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

Hefei Chipmore Technology 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
=(343.574 + 309.189) / 745.687
=0.88

Hefei Chipmore Technology 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
=(198.405 + 239.074) / 329.724
=1.33

* 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.


Hefei Chipmore Technology Co  (SHSE:688352) 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.


Hefei Chipmore Technology Co Debt-to-EBITDA Related Terms

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


Hefei Chipmore Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Comprehensive Free Trade Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230011
Hefei Chipmore Technology Co Ltd is a high-end advanced packaging and testing service provider for integrated circuits. It can provide customers with a full range of comprehensive integrated circuit packaging and testing services, covering display driver chips, power management chips, RF front-end chips and other products.
Executives
Wang Xiao Feng Core technical personnel

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