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Chenming Electronic Technology (TPE:3013) Debt-to-EBITDA : 0.47 (As of Sep. 2024)


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What is Chenming Electronic Technology Debt-to-EBITDA?

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

Chenming Electronic Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$23 Mil. Chenming Electronic Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$455 Mil. Chenming Electronic Technology's annualized EBITDA for the quarter that ended in Sep. 2024 was NT$1,021 Mil. Chenming Electronic Technology's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.47.

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 Chenming Electronic Technology's Debt-to-EBITDA or its related term are showing as below:

TPE:3013' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.56   Med: 1.46   Max: 13.66
Current: 0.56

During the past 13 years, the highest Debt-to-EBITDA Ratio of Chenming Electronic Technology was 13.66. The lowest was 0.56. And the median was 1.46.

TPE:3013's Debt-to-EBITDA is ranked better than
74.13% of 1724 companies
in the Hardware industry
Industry Median: 1.88 vs TPE:3013: 0.56

Chenming Electronic Technology Debt-to-EBITDA Historical Data

The historical data trend for Chenming Electronic Technology'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.

Chenming Electronic Technology Debt-to-EBITDA Chart

Chenming Electronic Technology 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 1.50 2.82 13.66 1.66 1.17

Chenming Electronic Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.38 1.48 1.16 0.50 0.47

Competitive Comparison of Chenming Electronic Technology's Debt-to-EBITDA

For the Computer Hardware subindustry, Chenming Electronic Technology'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.


Chenming Electronic Technology's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Chenming Electronic Technology's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Chenming Electronic Technology's Debt-to-EBITDA falls into.



Chenming Electronic Technology Debt-to-EBITDA Calculation

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

Chenming Electronic Technology'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
=(22.436 + 815.779) / 717.706
=1.17

Chenming Electronic Technology's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(22.92 + 455.446) / 1021.068
=0.47

* 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 (Sep. 2024) EBITDA data.


Chenming Electronic Technology  (TPE:3013) 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.


Chenming Electronic Technology Debt-to-EBITDA Related Terms

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


Chenming Electronic Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 27, Section 6, Mincyuan East Road, Neihu District, 2-6 Floor, Taipei, TWN, 114
Chenming Electronic Technology Corp is a OEM/ODM manufacturer. The business activities of the Group are production of mechanical parts, computer cases, manufacturing and development of mobile devices. Geographically it operates through Taiwan. The group has only one operating segment, which produces computer and mobile device components.

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