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Hannstar Display (TPE:6116) Debt-to-EBITDA : -5.45 (As of Mar. 2024)


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What is Hannstar Display Debt-to-EBITDA?

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

Hannstar Display's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,572 Mil. Hannstar Display's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$4,751 Mil. Hannstar Display's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$-1,161 Mil. Hannstar Display's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -5.44.

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 Hannstar Display's Debt-to-EBITDA or its related term are showing as below:

TPE:6116' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.39   Med: 0.22   Max: 15.23
Current: -3.39

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hannstar Display was 15.23. The lowest was -3.39. And the median was 0.22.

TPE:6116's Debt-to-EBITDA is ranked worse than
100% of 1735 companies
in the Hardware industry
Industry Median: 1.79 vs TPE:6116: -3.39

Hannstar Display Debt-to-EBITDA Historical Data

The historical data trend for Hannstar Display'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.

Hannstar Display Debt-to-EBITDA Chart

Hannstar Display 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 0.52 0.17 0.10 15.23 -2.12

Hannstar Display Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 -1.98 -20.22 -2.47 -0.88 -5.45

Competitive Comparison of Hannstar Display's Debt-to-EBITDA

For the Electronic Components subindustry, Hannstar Display'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.


Hannstar Display's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



Hannstar Display Debt-to-EBITDA Calculation

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

Hannstar Display'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
=(769.823 + 3291.296) / -1911.716
=-2.12

Hannstar Display'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
=(1572.246 + 4750.583) / -1161.288
=-5.44

* 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.


Hannstar Display  (TPE:6116) 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.


Hannstar Display Debt-to-EBITDA Related Terms

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


Hannstar Display (TPE:6116) Business Description

Traded in Other Exchanges
N/A
Address
Lane 168, Xingshan Road, 4Floor, No.15, Neihu District, Taipei, TWN, 11469
Hannstar Display Corp is a Taiwan-based manufacturer and seller of TFT-LCD panels, flat-panel displays, CCTV and related components. The firm has two fabrication facilities, one facility to manufacture liquid crystal displays, and one facility to manufacture liquid crystal monitors. These display products are low-radiation, low energy consumption, and lightweight. Hannstar display products are sold primarily to original equipment manufacturers of computer products. The firm has operations in Taiwan and China.

Hannstar Display (TPE:6116) Headlines

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