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Lien Hwa Industrial Holding (TPE:1229) Debt-to-EBITDA : 2.26 (As of Mar. 2024)


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What is Lien Hwa Industrial Holding Debt-to-EBITDA?

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

Lien Hwa Industrial Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$8,925 Mil. Lien Hwa Industrial Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$3,651 Mil. Lien Hwa Industrial Holding's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$5,561 Mil. Lien Hwa Industrial Holding's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.26.

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 Lien Hwa Industrial Holding's Debt-to-EBITDA or its related term are showing as below:

TPE:1229' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.12   Med: 2.05   Max: 2.71
Current: 2.71

During the past 13 years, the highest Debt-to-EBITDA Ratio of Lien Hwa Industrial Holding was 2.71. The lowest was 1.12. And the median was 2.05.

TPE:1229's Debt-to-EBITDA is ranked better than
55.88% of 417 companies
in the Conglomerates industry
Industry Median: 3.16 vs TPE:1229: 2.71

Lien Hwa Industrial Holding Debt-to-EBITDA Historical Data

The historical data trend for Lien Hwa Industrial Holding'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.

Lien Hwa Industrial Holding Debt-to-EBITDA Chart

Lien Hwa Industrial Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.89 1.93 2.28 2.28 2.22

Lien Hwa Industrial Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 3.89 2.31 1.56 2.66 2.26

Competitive Comparison of Lien Hwa Industrial Holding's Debt-to-EBITDA

For the Conglomerates subindustry, Lien Hwa Industrial Holding'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.


Lien Hwa Industrial Holding's Debt-to-EBITDA Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Lien Hwa Industrial Holding's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Lien Hwa Industrial Holding's Debt-to-EBITDA falls into.



Lien Hwa Industrial Holding Debt-to-EBITDA Calculation

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

Lien Hwa Industrial Holding's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8466.651 + 3629.628) / 5458.412
=2.22

Lien Hwa Industrial Holding'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
=(8925.488 + 3651.289) / 5560.956
=2.26

* 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.


Lien Hwa Industrial Holding  (TPE:1229) 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.


Lien Hwa Industrial Holding Debt-to-EBITDA Related Terms

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


Lien Hwa Industrial Holding (TPE:1229) Business Description

Traded in Other Exchanges
N/A
Address
No. 44, Section 1, Chengde Road, 6th Floor, Datong District, Taipei, TWN
Lien Hwa Industrial Holding Corp is engaged in flour production and sale, real estate rental, integrated system service, automatic system, and other electronic businesses. The company has five reportable segments. The rental business provides real property rental and development services. The noodle business manufactures and sells all kinds of noodles and processed foods. The noodle business overseas is a noodles manufacturing and sale company. The system integration service business provides the system integration service, automatic system, applied software design, and sale of industrial computers. The administrative resource center is responsible for the management of domestic/foreign investment business.

Lien Hwa Industrial Holding (TPE:1229) Headlines

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