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Global Lighting Technologies (TPE:4935) Debt-to-EBITDA : 0.86 (As of Dec. 2023)


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What is Global Lighting Technologies Debt-to-EBITDA?

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

Global Lighting Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$26 Mil. Global Lighting Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$623 Mil. Global Lighting Technologies's annualized EBITDA for the quarter that ended in Dec. 2023 was NT$751 Mil. Global Lighting Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.86.

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 Global Lighting Technologies's Debt-to-EBITDA or its related term are showing as below:

TPE:4935' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.44   Med: 0.92   Max: 2.04
Current: 0.82

During the past 13 years, the highest Debt-to-EBITDA Ratio of Global Lighting Technologies was 2.04. The lowest was 0.44. And the median was 0.92.

TPE:4935's Debt-to-EBITDA is ranked better than
69.36% of 1730 companies
in the Hardware industry
Industry Median: 1.79 vs TPE:4935: 0.82

Global Lighting Technologies Debt-to-EBITDA Historical Data

The historical data trend for Global Lighting Technologies'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.

Global Lighting Technologies Debt-to-EBITDA Chart

Global Lighting Technologies 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 2.04 0.94 1.00 0.85 0.82

Global Lighting Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.02 145.83 0.63 0.75 0.86

Competitive Comparison of Global Lighting Technologies's Debt-to-EBITDA

For the Electronic Components subindustry, Global Lighting Technologies'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.


Global Lighting Technologies's Debt-to-EBITDA Distribution in the Hardware Industry

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

* The bar in red indicates where Global Lighting Technologies's Debt-to-EBITDA falls into.



Global Lighting Technologies Debt-to-EBITDA Calculation

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

Global Lighting Technologies'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
=(26.24 + 623.163) / 793.541
=0.82

Global Lighting Technologies's annualized Debt-to-EBITDA for the quarter 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
=(26.24 + 623.163) / 751.356
=0.86

* 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. 2023) EBITDA data.


Global Lighting Technologies  (TPE:4935) 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.


Global Lighting Technologies Debt-to-EBITDA Related Terms

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


Global Lighting Technologies (TPE:4935) Business Description

Traded in Other Exchanges
N/A
Address
No. 1149, Section 3, Minquan Road, Zhongli District, Taoyuan City, TWN
Global Lighting Technologies Inc is engaged in the design, manufacturing, and sales of applications of light guide plates, the development of optical molds, and the manufacturing, and sales of plastic components. The company has two reportable segments; the Department of light guide plates applications which provide the service of manufacturing and sales of related application products such as light guide plates, and the Department of plastic components which provides the service of design, manufacturing, and sales of plastic components. Geographically, the company operates in Asia, America, and Others, out of which it earns a majority of its revenue from Asia.

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