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Accton Technology (TPE:2345) Debt-to-EBITDA : 0.20 (As of Mar. 2024)


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What is Accton Technology Debt-to-EBITDA?

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

Accton Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$624 Mil. Accton Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,828 Mil. Accton Technology's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$12,255 Mil. Accton Technology's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.20.

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

TPE:2345' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.09   Med: 0.25   Max: 0.44
Current: 0.19

During the past 13 years, the highest Debt-to-EBITDA Ratio of Accton Technology was 0.44. The lowest was 0.09. And the median was 0.25.

TPE:2345's Debt-to-EBITDA is ranked better than
85.59% of 1728 companies
in the Hardware industry
Industry Median: 1.805 vs TPE:2345: 0.19

Accton Technology Debt-to-EBITDA Historical Data

The historical data trend for Accton Technology'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.

Accton Technology Debt-to-EBITDA Chart

Accton Technology 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 0.23 0.27 0.33 0.44 0.20

Accton Technology 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 0.22 0.18 0.17 0.21 0.20

Competitive Comparison of Accton Technology's Debt-to-EBITDA

For the Communication Equipment subindustry, Accton Technology'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.


Accton Technology's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



Accton Technology Debt-to-EBITDA Calculation

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

Accton Technology'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
=(644.191 + 1919.144) / 12758.881
=0.20

Accton Technology'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
=(624.053 + 1828.303) / 12255.428
=0.20

* 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.


Accton Technology  (TPE:2345) 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.


Accton Technology Debt-to-EBITDA Related Terms

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


Accton Technology (TPE:2345) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Creation 3rd Road, Hsinchu Science Park, East District, Hsinchu, TWN, 30077
Accton Technology Corp develops, manufactures and sells innovative high-quality products for computer network systems and wireless land area network (LAN) hardware and software products and renders related technical consulting and engineering design services. The products and services offered by the company is Switch, Network Application, Metro Access Switch, Other and Wireless. Roughly half of the firm's revenue is generated in the United States, with the rest coming from Taiwan, the rest of Asia, Europe, and other regions.

Accton Technology (TPE:2345) Headlines

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