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SiTime (SiTime) Debt-to-EBITDA : -0.13 (As of Dec. 2023)


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What is SiTime Debt-to-EBITDA?

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

SiTime's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.6 Mil. SiTime's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.4 Mil. SiTime's annualized EBITDA for the quarter that ended in Dec. 2023 was $-61.4 Mil. SiTime's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.13.

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

SITM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -103.84   Med: 0.19   Max: 15.07
Current: -0.1

During the past 7 years, the highest Debt-to-EBITDA Ratio of SiTime was 15.07. The lowest was -103.84. And the median was 0.19.

SITM's Debt-to-EBITDA is ranked worse than
100% of 710 companies
in the Semiconductors industry
Industry Median: 1.595 vs SITM: -0.10

SiTime Debt-to-EBITDA Historical Data

The historical data trend for SiTime'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.

SiTime Debt-to-EBITDA Chart

SiTime Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 15.07 -3.73 0.19 0.38 -0.10

SiTime 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 -1.11 -0.14 -0.08 -0.10 -0.13

Competitive Comparison of SiTime's Debt-to-EBITDA

For the Semiconductors subindustry, SiTime'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.


SiTime's Debt-to-EBITDA Distribution in the Semiconductors Industry

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

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



SiTime Debt-to-EBITDA Calculation

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

SiTime'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
=(2.601 + 5.423) / -83.344
=-0.10

SiTime'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
=(2.601 + 5.423) / -61.392
=-0.13

* 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.


SiTime  (NAS:SITM) 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.


SiTime Debt-to-EBITDA Related Terms

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


SiTime (SiTime) Business Description

Traded in Other Exchanges
N/A
Address
5451 Patrick Henry Drive, Santa Clara, CA, USA, 95054
SiTime Corp is a USA-based provider of silicon timing systems solutions. The company designs develops and sell silicon timing systems solutions for different industries including automotive, infrastructure, aerospace-defense, consumer, internet of things, consumer and industrials. Its product offerings include Stratum 3E DCOCXOs, Programmable OCXOs, MHz Oscillators, 32.768 kHz Oscillators, Embedded Resonators, Precision MHz Super-TCXOs, and Ruggedized Oscillators. It sells its products around Taiwan, Hong Kong, the United States, and other regions and generates the majority of its revenue from Taiwan.
Executives
Fariborz Assaderaghi officer: See Remarks C/O SITIME CORPORATION, 5451 PATRICK HENRY DR., SANTA CLARA CA 95054
Rajesh Vashist director, officer: Chief Executive Officer C/O SITIME CORPORATION, 5451 PATRICK HENRY DR., SANTA CLARA CA 95054
Vincent P Pangrazio officer: EVP & Chief Legal Officer C/O CAVIUM NETWORKS, INC., 805 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Piyush B Sevalia officer: See Remarks C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Lionel Bonnot officer: See Remarks 3450 W. WARREN AVENUE, FREMONT CA 94538
Arthur D Chadwick officer: See Remarks 280 N BERNARDO AVE, MOUNTAIN VIEW CA 94043
Katherine Schuelke director 47488 KATO ROAD, FREMONT CA 94538
Torsten Kreindl director C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Raman Chitkara director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Edward H. Frank director C/O FUSION-IO, INC., 2855 E. COTTONWOOD PARKWAY, SUITE 100, SALT LAKE CITY UT 84121
Tom Dang-hsing Yiu director C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Akira Takata director C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Christine Heckart director C/O LAM RESEARCH CORPORATION, 4650 CUSHING PARKWAY, FREMONT CA 94538
Megachips Corp /fi 10 percent owner 1-1-1 MIYAHARA, YODOGAWA-KU, OSAKA M0 532-0003