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Chieftek Precision Co (TPE:1597) Debt-to-EBITDA : 5.39 (As of Mar. 2024)


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What is Chieftek Precision Co Debt-to-EBITDA?

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

Chieftek Precision Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$392 Mil. Chieftek Precision Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,006 Mil. Chieftek Precision Co's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$260 Mil. Chieftek Precision Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 5.39.

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 Chieftek Precision Co's Debt-to-EBITDA or its related term are showing as below:

TPE:1597' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.3   Med: 3.01   Max: 6.14
Current: 6.14

During the past 13 years, the highest Debt-to-EBITDA Ratio of Chieftek Precision Co was 6.14. The lowest was 1.30. And the median was 3.01.

TPE:1597's Debt-to-EBITDA is ranked worse than
83.79% of 2295 companies
in the Industrial Products industry
Industry Median: 1.72 vs TPE:1597: 6.14

Chieftek Precision Co Debt-to-EBITDA Historical Data

The historical data trend for Chieftek Precision 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.

Chieftek Precision Co Debt-to-EBITDA Chart

Chieftek Precision 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 3.06 3.31 2.25 2.44 6.05

Chieftek Precision 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 4.82 3.93 5.63 22.89 5.39

Competitive Comparison of Chieftek Precision Co's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Chieftek Precision 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.


Chieftek Precision Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chieftek Precision Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Chieftek Precision Co's Debt-to-EBITDA falls into.



Chieftek Precision Co Debt-to-EBITDA Calculation

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

Chieftek Precision 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
=(491.846 + 925.693) / 234.133
=6.05

Chieftek Precision 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
=(392.353 + 1005.613) / 259.572
=5.39

* 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.


Chieftek Precision Co  (TPE:1597) 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.


Chieftek Precision Co Debt-to-EBITDA Related Terms

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


Chieftek Precision Co (TPE:1597) Business Description

Traded in Other Exchanges
N/A
Address
Number 3, Dali 1st Road, Sourthern taiwan Science Park, Xinshi District, Tainan, TWN, 741-45
Chieftek Precision Co Ltd engages in the manufacture and sale of the ball and roller bearings The Company engages in the research, development, manufacture and sales of miniature linear guides, miniature ball screws, miniature linear modules, electro-optics equipment and semiconductor process equipment. It involves in manufacture of miniature linear motion components. Its products include Standard 4-Row Ball Bearing Linear Guide, Wide 4-Row Ball Bearing Linear Guide, Miniature Linear Guide, ST Miniature Stroke Slide Series, and Ironless Linear Motor. Its products are applied in the industries requiring precise positioning applications, such as precision machinery, automation equipment, various power transmission applications, semiconductor manufacturing equipment, and medical equipment.

Chieftek Precision Co (TPE:1597) Headlines

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