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Halcyon Technology PCL (BKK:HTECH) Debt-to-EBITDA : 0.68 (As of Mar. 2024)


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What is Halcyon Technology PCL Debt-to-EBITDA?

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

Halcyon Technology PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿60 Mil. Halcyon Technology PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿129 Mil. Halcyon Technology PCL's annualized EBITDA for the quarter that ended in Mar. 2024 was ฿281 Mil. Halcyon Technology PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.68.

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

BKK:HTECH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.35   Med: 0.82   Max: 0.99
Current: 0.85

During the past 13 years, the highest Debt-to-EBITDA Ratio of Halcyon Technology PCL was 0.99. The lowest was 0.35. And the median was 0.82.

BKK:HTECH's Debt-to-EBITDA is ranked better than
66.96% of 2279 companies
in the Industrial Products industry
Industry Median: 1.7 vs BKK:HTECH: 0.85

Halcyon Technology PCL Debt-to-EBITDA Historical Data

The historical data trend for Halcyon Technology PCL'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.

Halcyon Technology PCL Debt-to-EBITDA Chart

Halcyon Technology PCL 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 0.98 0.99 0.62 0.81 0.98

Halcyon Technology PCL 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 1.29 1.10 0.95 1.09 0.68

Competitive Comparison of Halcyon Technology PCL's Debt-to-EBITDA

For the Tools & Accessories subindustry, Halcyon Technology PCL'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.


Halcyon Technology PCL's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Halcyon Technology PCL's Debt-to-EBITDA distribution charts can be found below:

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



Halcyon Technology PCL Debt-to-EBITDA Calculation

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

Halcyon Technology PCL'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
=(60.106 + 135.76) / 200.07
=0.98

Halcyon Technology PCL'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
=(60.418 + 129.49) / 281.128
=0.68

* 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.


Halcyon Technology PCL  (BKK:HTECH) 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.


Halcyon Technology PCL Debt-to-EBITDA Related Terms

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


Halcyon Technology PCL (BKK:HTECH) Business Description

Traded in Other Exchanges
N/A
Address
Soi 6, Serithai Road, 41 Moo 14 Bangchan Industrial Estate, Minburi, Bangkok, THA, 10510
Halcyon Technology PCL is engaged in the production and selling of cutting tools, jig and fixtures, and custom metallic devices. The company specializes in the design and manufacture of polycrystalline diamond (PCD) cutting tools required by high-precision works. Its product portfolio includes products like PCD boring tools, PCD end mill tools, PCD inserts, PCD brazing tools, PCD reamers, PCD hollow tools, PCD drills, and carbide cutting tools. It operates in three segments, Manufacturing and selling of customized cutting tools which is the prime revenue-driving segment; Importing and selling of cutting tools; and Manufacturing and selling of high-precision metal fabricated products.

Halcyon Technology PCL (BKK:HTECH) Headlines

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