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Foxtron Vehicle Technologies Co (TPE:2258) Debt-to-EBITDA : -0.22 (As of Mar. 2024)


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What is Foxtron Vehicle Technologies Co Debt-to-EBITDA?

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

Foxtron Vehicle Technologies Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$61 Mil. Foxtron Vehicle Technologies Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$247 Mil. Foxtron Vehicle Technologies Co's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$-1,379 Mil. Foxtron Vehicle Technologies Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.22.

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 Foxtron Vehicle Technologies Co's Debt-to-EBITDA or its related term are showing as below:

TPE:2258' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.36   Med: 0   Max: 0
Current: -0.36

TPE:2258's Debt-to-EBITDA is ranked worse than
100% of 1055 companies
in the Vehicles & Parts industry
Industry Median: 2.32 vs TPE:2258: -0.36

Foxtron Vehicle Technologies Co Debt-to-EBITDA Historical Data

The historical data trend for Foxtron Vehicle Technologies 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.

Foxtron Vehicle Technologies Co Debt-to-EBITDA Chart

Foxtron Vehicle Technologies Co Annual Data
Trend Dec21 Dec22
Debt-to-EBITDA
- -

Foxtron Vehicle Technologies Co Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only - - -0.02 -0.17 -0.22

Competitive Comparison of Foxtron Vehicle Technologies Co's Debt-to-EBITDA

For the Auto Manufacturers subindustry, Foxtron Vehicle Technologies 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.


Foxtron Vehicle Technologies Co's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Foxtron Vehicle Technologies Co's Debt-to-EBITDA falls into.



Foxtron Vehicle Technologies Co Debt-to-EBITDA Calculation

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

Foxtron Vehicle Technologies Co'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
=(0 + 0) / -1362.088
=0.00

Foxtron Vehicle Technologies 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
=(60.612 + 246.648) / -1378.984
=-0.22

* 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.


Foxtron Vehicle Technologies Co  (TPE:2258) 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.


Foxtron Vehicle Technologies Co Debt-to-EBITDA Related Terms

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


Foxtron Vehicle Technologies Co (TPE:2258) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Zhongxing Road, No. 3, Sector 3, 8th Floor, Xindian District, New Taipei, TWN
Foxtron Vehicle Technologies Co Ltd is an automobile company. The services provided by the company are Product planning, styling, Engineering design, Trail production, and vehicle test verification.

Foxtron Vehicle Technologies Co (TPE:2258) Headlines

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