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WT Microelectronics Co (TPE:3036) Debt-to-EBITDA : 3.87 (As of Dec. 2023)


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What is WT Microelectronics Co Debt-to-EBITDA?

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

WT Microelectronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$20,501 Mil. WT Microelectronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$13,122 Mil. WT Microelectronics Co's annualized EBITDA for the quarter that ended in Dec. 2023 was NT$8,686 Mil. WT Microelectronics Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.87.

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 WT Microelectronics Co's Debt-to-EBITDA or its related term are showing as below:

TPE:3036' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.49   Med: 5.19   Max: 9.15
Current: 3.49

During the past 13 years, the highest Debt-to-EBITDA Ratio of WT Microelectronics Co was 9.15. The lowest was 3.49. And the median was 5.19.

TPE:3036's Debt-to-EBITDA is ranked worse than
70.18% of 1737 companies
in the Hardware industry
Industry Median: 1.79 vs TPE:3036: 3.49

WT Microelectronics Co Debt-to-EBITDA Historical Data

The historical data trend for WT Microelectronics 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.

WT Microelectronics Co Debt-to-EBITDA Chart

WT Microelectronics Co 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 5.06 4.22 3.89 4.51 3.49

WT Microelectronics Co 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 5.14 5.93 3.98 2.90 3.87

Competitive Comparison of WT Microelectronics Co's Debt-to-EBITDA

For the Electronic Components subindustry, WT Microelectronics 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.


WT Microelectronics Co's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



WT Microelectronics Co Debt-to-EBITDA Calculation

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

WT Microelectronics Co'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
=(20500.594 + 13122.346) / 9631.103
=3.49

WT Microelectronics Co'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
=(20500.594 + 13122.346) / 8685.808
=3.87

* 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.


WT Microelectronics Co  (TPE:3036) 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.


WT Microelectronics Co Debt-to-EBITDA Related Terms

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


WT Microelectronics Co (TPE:3036) Business Description

Traded in Other Exchanges
Address
No. 738, Zhongzheng Road, 235th Floor, Zhonghe District, New Taipei, TWN, 235
WT Microelectronics Co Ltd develops and sells electronic and communication components. Supply chain management services are offered to vendors and customers primarily in China, but the company does contract business from other Asia Pacific countries. The majority of revenue is derived from clients in the communication, computing, and consumer markets. The company depends on a host of marketing and sales channels to help deliver value-add technical support, explore component application opportunities, and facilitate product development timelines. WT Microelectronics aims to co-define the product marketing strategy with upstream vendors and reduce the research and development pipeline for downstream clients.

WT Microelectronics Co (TPE:3036) Headlines

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