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Prosperity Dielectrics Co (ROCO:6173) Debt-to-EBITDA : 0.48 (As of Mar. 2024)


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What is Prosperity Dielectrics Co Debt-to-EBITDA?

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

Prosperity Dielectrics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$414 Mil. Prosperity Dielectrics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$144 Mil. Prosperity Dielectrics Co's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$1,173 Mil. Prosperity Dielectrics Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.48.

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

ROCO:6173' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02   Med: 0.61   Max: 1.27
Current: 0.55

During the past 13 years, the highest Debt-to-EBITDA Ratio of Prosperity Dielectrics Co was 1.27. The lowest was 0.02. And the median was 0.61.

ROCO:6173's Debt-to-EBITDA is ranked better than
68.12% of 712 companies
in the Semiconductors industry
Industry Median: 1.605 vs ROCO:6173: 0.55

Prosperity Dielectrics Co Debt-to-EBITDA Historical Data

The historical data trend for Prosperity Dielectrics 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.

Prosperity Dielectrics Co Debt-to-EBITDA Chart

Prosperity Dielectrics 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 0.45 0.71 0.54 1.12 0.67

Prosperity Dielectrics Co 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 0.78 0.69 0.72 1.05 0.48

Competitive Comparison of Prosperity Dielectrics Co's Debt-to-EBITDA

For the Semiconductors subindustry, Prosperity Dielectrics 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.


Prosperity Dielectrics Co's Debt-to-EBITDA Distribution in the Semiconductors Industry

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

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



Prosperity Dielectrics Co Debt-to-EBITDA Calculation

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

Prosperity Dielectrics 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
=(501.35 + 188.868) / 1030.903
=0.67

Prosperity Dielectrics 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
=(414.059 + 144.004) / 1172.96
=0.48

* 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.


Prosperity Dielectrics Co  (ROCO:6173) 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.


Prosperity Dielectrics Co Debt-to-EBITDA Related Terms

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


Prosperity Dielectrics Co (ROCO:6173) Business Description

Traded in Other Exchanges
N/A
Address
Section 2, Nanshan Road, No.220-1 , Lujhu District, Taoyuan, TWN, 33860
Prosperity Dielectrics Co Ltd is a manufacturer and exporter of ceramic dielectric powders and multilayer ceramic chip capacitors in Taiwan. It is engaged in the manufacture and sale of specific application electronic ceramic products. It's product portfolio consist of mutilayer ceramic capacitors; chip resistors; ceramic dielectrical powder, Wafer capacitance, chip resistance, dielectric porcelain powder, semi-conductive ceramic, coil and inductor.

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