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Tsang Yow Industrial Co (TPE:1568) Debt-to-EBITDA : 0.60 (As of Dec. 2024)


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What is Tsang Yow Industrial Co Debt-to-EBITDA?

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

Tsang Yow Industrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$61 Mil. Tsang Yow Industrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$67 Mil. Tsang Yow Industrial Co's annualized EBITDA for the quarter that ended in Dec. 2024 was NT$214 Mil. Tsang Yow Industrial Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 0.60.

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 Tsang Yow Industrial Co's Debt-to-EBITDA or its related term are showing as below:

TPE:1568' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.43   Med: 2.36   Max: 6.6
Current: 0.43

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tsang Yow Industrial Co was 6.60. The lowest was 0.43. And the median was 2.36.

TPE:1568's Debt-to-EBITDA is ranked better than
85.63% of 1079 companies
in the Vehicles & Parts industry
Industry Median: 2.44 vs TPE:1568: 0.43

Tsang Yow Industrial Co Debt-to-EBITDA Historical Data

The historical data trend for Tsang Yow Industrial 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.

Tsang Yow Industrial Co Debt-to-EBITDA Chart

Tsang Yow Industrial Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.60 5.97 1.85 1.12 0.43

Tsang Yow Industrial Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.89 0.71 0.98 0.70 0.60

Competitive Comparison of Tsang Yow Industrial Co's Debt-to-EBITDA

For the Auto Parts subindustry, Tsang Yow Industrial 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.


Tsang Yow Industrial Co's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tsang Yow Industrial Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tsang Yow Industrial Co's Debt-to-EBITDA falls into.


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Tsang Yow Industrial Co Debt-to-EBITDA Calculation

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

Tsang Yow Industrial Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(60.701 + 67.039) / 297.23
=0.43

Tsang Yow Industrial Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(60.701 + 67.039) / 213.78
=0.60

* 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 (Dec. 2024) EBITDA data.


Tsang Yow Industrial Co  (TPE:1568) 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.


Tsang Yow Industrial Co Debt-to-EBITDA Related Terms

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


Tsang Yow Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Chung-Shan Road, Min-Hsiung Industrial Park, Fu-Lo Village, Chia Yi, TWN, 62154
Tsang Yow Industrial Co Ltd is a Manufacturer & Exporter of powertrain components. It engages in the business activities such as Manufacturing and wholesale of other machinery (automatic transmission and drivetrain systems), Manufacturing and wholesale of ships and parts, Manufacturing and wholesale of automobiles and parts, Manufacturing and wholesale of other machinery and devices (automatic transmission and drivetrain systems). It segments include Automatic transmission components for automobiles, Clutch parts for heavy-duty trucks, Drivetrain Parts for Industrial Machinery Automatic transmission components for air conditioner compressors, New energy vehicle motor, Parts finishing and Others. Key revenue is generated from Automatic transmission components for automobiles.

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