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Coxon Precise Industrial Co (TPE:3607) Debt-to-EBITDA : 6.65 (As of Mar. 2024)


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What is Coxon Precise Industrial Co Debt-to-EBITDA?

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

Coxon Precise Industrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$79 Mil. Coxon Precise Industrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$193 Mil. Coxon Precise Industrial Co's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$41 Mil. Coxon Precise Industrial Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 6.65.

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 Coxon Precise Industrial Co's Debt-to-EBITDA or its related term are showing as below:

TPE:3607' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -44.5   Med: 1.94   Max: 48.61
Current: 2.28

During the past 13 years, the highest Debt-to-EBITDA Ratio of Coxon Precise Industrial Co was 48.61. The lowest was -44.50. And the median was 1.94.

TPE:3607's Debt-to-EBITDA is ranked better than
54.83% of 321 companies
in the Packaging & Containers industry
Industry Median: 2.62 vs TPE:3607: 2.28

Coxon Precise Industrial Co Debt-to-EBITDA Historical Data

The historical data trend for Coxon Precise Industrial 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.

Coxon Precise Industrial Co Debt-to-EBITDA Chart

Coxon Precise Industrial Co 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 -44.50 15.11 -31.40 2.54 48.61

Coxon Precise Industrial Co 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 24.99 2.57 3.09 0.86 6.65

Competitive Comparison of Coxon Precise Industrial Co's Debt-to-EBITDA

For the Packaging & Containers subindustry, Coxon Precise Industrial 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.


Coxon Precise Industrial Co's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Coxon Precise Industrial Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Coxon Precise Industrial Co's Debt-to-EBITDA falls into.



Coxon Precise Industrial Co Debt-to-EBITDA Calculation

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

Coxon Precise Industrial 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
=(85.365 + 243.95) / 6.775
=48.61

Coxon Precise Industrial 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
=(78.621 + 193.343) / 40.88
=6.65

* 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.


Coxon Precise Industrial Co  (TPE:3607) 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.


Coxon Precise Industrial Co Debt-to-EBITDA Related Terms

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


Coxon Precise Industrial Co (TPE:3607) Business Description

Traded in Other Exchanges
N/A
Address
No. 48, Lane 1274, Zhongzheng Road, Zhongli District, Taoyuan City, TWN, 320
Coxon Precise Industrial Co Ltd is engaged in the plastic molding and electronic industry. Its business scope includes manufacturing industrial plastic products, mold, cable and wireless communications equipment and apparatus, electronic components, optical instruments, electrical and electronic appliances, as well as motor vehicles and parts. The other activities are retail of electronic, automobile, and motorcycles parts; and international trade. The business is carried out in Asia, Europe, and America. Its plastic components are applied in the manufacture of mobile phone cases, notebook (NB) computers, digital cameras, game consoles, and headset shells. Its geographical segment comprises Taiwan and South China, South China, Shanghai, Changshu, and others.

Coxon Precise Industrial Co (TPE:3607) Headlines

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