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Hotron Precision Electronic Industrial Co (TPE:3092) Debt-to-EBITDA : 8.20 (As of Mar. 2024)


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What is Hotron Precision Electronic Industrial Co Debt-to-EBITDA?

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

Hotron Precision Electronic Industrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,165 Mil. Hotron Precision Electronic Industrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$405 Mil. Hotron Precision Electronic Industrial Co's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$192 Mil. Hotron Precision Electronic Industrial Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 8.20.

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 Hotron Precision Electronic Industrial Co's Debt-to-EBITDA or its related term are showing as below:

TPE:3092' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.23   Med: 4.02   Max: 11.94
Current: 9.18

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hotron Precision Electronic Industrial Co was 11.94. The lowest was 1.23. And the median was 4.02.

TPE:3092's Debt-to-EBITDA is ranked worse than
90.27% of 2292 companies
in the Industrial Products industry
Industry Median: 1.72 vs TPE:3092: 9.18

Hotron Precision Electronic Industrial Co Debt-to-EBITDA Historical Data

The historical data trend for Hotron Precision Electronic Industrial 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.

Hotron Precision Electronic Industrial Co Debt-to-EBITDA Chart

Hotron Precision Electronic Industrial Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 2.38 4.68 9.08 6.03

Hotron Precision Electronic Industrial Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -24.77 -12.18 7.94 4.93 8.20

Competitive Comparison of Hotron Precision Electronic Industrial Co's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Hotron Precision Electronic Industrial 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.


Hotron Precision Electronic Industrial Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hotron Precision Electronic Industrial Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hotron Precision Electronic Industrial Co's Debt-to-EBITDA falls into.



Hotron Precision Electronic Industrial Co Debt-to-EBITDA Calculation

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

Hotron Precision Electronic Industrial Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1546.865 + 2.208) / 257.007
=6.03

Hotron Precision Electronic Industrial 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
=(1165.499 + 404.925) / 191.528
=8.20

* 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.


Hotron Precision Electronic Industrial Co  (TPE:3092) 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.


Hotron Precision Electronic Industrial Co Debt-to-EBITDA Related Terms

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


Hotron Precision Electronic Industrial Co (TPE:3092) Business Description

Traded in Other Exchanges
N/A
Address
No. 169, Xing’al Road, Neihu District, Tapei, TWN, 114
Hotron Precision Electronic Industrial Co Ltd is engaged in the manufacture, and sale of cables and wires of various 3C products. Its products include Electric Car Charging Cables, Solar wires, Various Wires & Cables, Other wires, Electric Wire & Cable, Copper, PVC, Tooling for Metal press / Plastic injection, Products Of Metal Pressed Work, Composite Mylar Al. foil, and Connector. Its products are used by telecommunication, IT, power, auto industry, and medical appliances sector.

Hotron Precision Electronic Industrial Co (TPE:3092) Headlines

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