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Circuit Fabology Microelectronics Equipment Co (SHSE:688630) Debt-to-EBITDA : 0.08 (As of Mar. 2024)


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What is Circuit Fabology Microelectronics Equipment Co Debt-to-EBITDA?

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

Circuit Fabology Microelectronics Equipment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥13.1 Mil. Circuit Fabology Microelectronics Equipment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Circuit Fabology Microelectronics Equipment Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥171.6 Mil. Circuit Fabology Microelectronics Equipment Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.08.

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

SHSE:688630' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.06   Med: 0.09   Max: 0.23
Current: 0.07

During the past 7 years, the highest Debt-to-EBITDA Ratio of Circuit Fabology Microelectronics Equipment Co was 0.23. The lowest was 0.06. And the median was 0.09.

SHSE:688630's Debt-to-EBITDA is ranked better than
93.43% of 1735 companies
in the Hardware industry
Industry Median: 1.79 vs SHSE:688630: 0.07

Circuit Fabology Microelectronics Equipment Co Debt-to-EBITDA Historical Data

The historical data trend for Circuit Fabology Microelectronics 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.

Circuit Fabology Microelectronics Equipment Co Debt-to-EBITDA Chart

Circuit Fabology Microelectronics Equipment Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial - 0.17 0.23 0.06 0.09

Circuit Fabology Microelectronics Equipment Co Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.05 - 0.07 0.08

Competitive Comparison of Circuit Fabology Microelectronics Equipment Co's Debt-to-EBITDA

For the Electronic Components subindustry, Circuit Fabology Microelectronics 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.


Circuit Fabology Microelectronics Equipment Co's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Circuit Fabology Microelectronics Equipment Co's Debt-to-EBITDA distribution charts can be found below:

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



Circuit Fabology Microelectronics Equipment Co Debt-to-EBITDA Calculation

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

Circuit Fabology Microelectronics 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
=(16.92 + 1.493) / 212.325
=0.09

Circuit Fabology Microelectronics Equipment Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(13.059 + 0) / 171.572
=0.08

* 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 (Mar. 2024) EBITDA data.


Circuit Fabology Microelectronics Equipment Co  (SHSE:688630) 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.


Circuit Fabology Microelectronics Equipment Co Debt-to-EBITDA Related Terms

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


Circuit Fabology Microelectronics Equipment Co (SHSE:688630) Business Description

Traded in Other Exchanges
N/A
Address
2800 Chuangxin Avenue, Phase II, Innovation Industrial Park, 11th Floor, Building F3, High-tech Zone, Anhui Province, Hefei, CHN, 230088
Circuit Fabology Microelectronics Equipment Co Ltd specializes in micro-nano direct writing, research and development and production of direct imaging equipment and direct-write lithography equipment with lithography as the core technology. The main products and services include printed circuit board direct imaging equipment and automatic line systems, pan-semiconductor direct writing lithography equipment and automatic line systems, and other laser direct imaging equipment.

Circuit Fabology Microelectronics Equipment Co (SHSE:688630) Headlines

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