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Eva Airways (TPE:2618) Debt-to-EBITDA : 0.78 (As of Dec. 2024)


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What is Eva Airways Debt-to-EBITDA?

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

Eva Airways's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$9,847 Mil. Eva Airways's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$45,780 Mil. Eva Airways's annualized EBITDA for the quarter that ended in Dec. 2024 was NT$71,032 Mil. Eva Airways's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 0.78.

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 Eva Airways's Debt-to-EBITDA or its related term are showing as below:

TPE:2618' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.79   Med: 3.34   Max: 4.21
Current: 0.79

During the past 13 years, the highest Debt-to-EBITDA Ratio of Eva Airways was 4.21. The lowest was 0.79. And the median was 3.34.

TPE:2618's Debt-to-EBITDA is ranked better than
81.89% of 867 companies
in the Transportation industry
Industry Median: 2.58 vs TPE:2618: 0.79

Eva Airways Debt-to-EBITDA Historical Data

The historical data trend for Eva Airways'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.

Eva Airways Debt-to-EBITDA Chart

Eva Airways 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 4.21 2.77 1.89 0.86 0.79

Eva Airways 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 0.89 0.91 0.76 0.72 0.78

Competitive Comparison of Eva Airways's Debt-to-EBITDA

For the Airlines subindustry, Eva Airways'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.


Eva Airways's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Eva Airways's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Eva Airways's Debt-to-EBITDA falls into.


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Eva Airways Debt-to-EBITDA Calculation

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

Eva Airways'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
=(9846.644 + 45780.467) / 70587.07
=0.79

Eva Airways'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
=(9846.644 + 45780.467) / 71031.624
=0.78

* 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.


Eva Airways  (TPE:2618) 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.


Eva Airways Debt-to-EBITDA Related Terms

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


Eva Airways Business Description

Traded in Other Exchanges
N/A
Address
No. 376, Hsin-Nan Road, Sector 1, Luchu District, Taoyuan, TWN
Eva Airways Corp is an aviation transportation business. Its business activities are civil aviation transportation and general aviation business; Wholesale and retail sale of medical devices; carrying out any business which is not forbidden or restricted by the applicable laws and regulations, excluding those requiring licensing. Its geographic markets are Taiwan, Asia, Europe, North America, and others.

Eva Airways Headlines

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