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I-Hwa Indusstrial Co (TPE:1456) Debt-to-EBITDA : 49.04 (As of Mar. 2024)


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What is I-Hwa Indusstrial Co Debt-to-EBITDA?

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

I-Hwa Indusstrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$7,320 Mil. I-Hwa Indusstrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$2,572 Mil. I-Hwa Indusstrial Co's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$202 Mil. I-Hwa Indusstrial Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 49.04.

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 I-Hwa Indusstrial Co's Debt-to-EBITDA or its related term are showing as below:

TPE:1456' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.59   Med: 24.18   Max: 58.76
Current: 23.4

During the past 13 years, the highest Debt-to-EBITDA Ratio of I-Hwa Indusstrial Co was 58.76. The lowest was -2.59. And the median was 24.18.

TPE:1456's Debt-to-EBITDA is ranked worse than
87.4% of 1254 companies
in the Real Estate industry
Industry Median: 5.965 vs TPE:1456: 23.40

I-Hwa Indusstrial Co Debt-to-EBITDA Historical Data

The historical data trend for I-Hwa Indusstrial 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.

I-Hwa Indusstrial Co Debt-to-EBITDA Chart

I-Hwa Indusstrial Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.57 28.87 8.40 58.76 25.02

I-Hwa Indusstrial Co Quarterly Data
Jun19 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 89.46 11.50 27.11 44.67 49.04

Competitive Comparison of I-Hwa Indusstrial Co's Debt-to-EBITDA

For the Real Estate Services subindustry, I-Hwa Indusstrial 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.


I-Hwa Indusstrial Co's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, I-Hwa Indusstrial Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where I-Hwa Indusstrial Co's Debt-to-EBITDA falls into.



I-Hwa Indusstrial Co Debt-to-EBITDA Calculation

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

I-Hwa Indusstrial 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
=(7321.458 + 2599.385) / 396.586
=25.02

I-Hwa Indusstrial 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
=(7319.64 + 2571.811) / 201.688
=49.04

* 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.


I-Hwa Indusstrial Co  (TPE:1456) 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.


I-Hwa Indusstrial Co Debt-to-EBITDA Related Terms

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


I-Hwa Indusstrial Co (TPE:1456) Business Description

Traded in Other Exchanges
N/A
Address
No. 392, Neihu Road, 12th Floor, Section 1, Neihu District, Taipei, TWN, 114
I-Hwa Indusstrial Co Ltd is principally engaged in land development and construction of houses, residential and building development and leasing, as well as manufacturing and trading of finished fabrics, woolen yarn, cotton yarn and dyestuffs, general advertising services, and e-commerce, etc. The group's revenue from the sale of premises is a major source of income for its operations.

I-Hwa Indusstrial Co (TPE:1456) Headlines

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