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Macnica Anstek (TPE:3528) Debt-to-EBITDA : 6.64 (As of Mar. 2024)


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What is Macnica Anstek Debt-to-EBITDA?

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

Macnica Anstek's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$2,395 Mil. Macnica Anstek's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$8 Mil. Macnica Anstek's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$362 Mil. Macnica Anstek's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 6.64.

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 Macnica Anstek's Debt-to-EBITDA or its related term are showing as below:

TPE:3528' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.65   Med: 2.01   Max: 11.89
Current: 11.89

During the past 13 years, the highest Debt-to-EBITDA Ratio of Macnica Anstek was 11.89. The lowest was 0.65. And the median was 2.01.

TPE:3528's Debt-to-EBITDA is ranked worse than
92.36% of 1740 companies
in the Hardware industry
Industry Median: 1.8 vs TPE:3528: 11.89

Macnica Anstek Debt-to-EBITDA Historical Data

The historical data trend for Macnica Anstek'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.

Macnica Anstek Debt-to-EBITDA Chart

Macnica Anstek Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 2.20 1.61 3.17 3.92

Macnica Anstek Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 3.86 7.51 6.83 39.65 6.64

Competitive Comparison of Macnica Anstek's Debt-to-EBITDA

For the Electronics & Computer Distribution subindustry, Macnica Anstek'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.


Macnica Anstek's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



Macnica Anstek Debt-to-EBITDA Calculation

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

Macnica Anstek'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
=(2099.021 + 13.6) / 538.38
=3.92

Macnica Anstek'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
=(2395.437 + 7.518) / 361.68
=6.64

* 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.


Macnica Anstek  (TPE:3528) 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.


Macnica Anstek Debt-to-EBITDA Related Terms

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


Macnica Anstek (TPE:3528) Business Description

Traded in Other Exchanges
N/A
Address
Xintai 5th Road, Yuzhi District, 21st Floor, No. 75, Section 1, Hsichih, Taipei, TWN, 221
Answer Technology Co Ltd is engaged in import, export and trading of electronic components. The company supplies analogue and semiconductor devices, micro telecommunication technologies and equipment.

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