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Oriental System Technology (ROCO:6819) Debt-to-EBITDA : -5.06 (As of Dec. 2023)


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What is Oriental System Technology Debt-to-EBITDA?

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

Oriental System Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$56.6 Mil. Oriental System Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$102.0 Mil. Oriental System Technology's annualized EBITDA for the quarter that ended in Dec. 2023 was NT$-31.3 Mil. Oriental System Technology's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -5.06.

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

ROCO:6819' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -21.44   Med: -0.97   Max: 0.7
Current: -21.44

During the past 7 years, the highest Debt-to-EBITDA Ratio of Oriental System Technology was 0.70. The lowest was -21.44. And the median was -0.97.

ROCO:6819's Debt-to-EBITDA is ranked worse than
100% of 705 companies
in the Semiconductors industry
Industry Median: 1.62 vs ROCO:6819: -21.44

Oriental System Technology Debt-to-EBITDA Historical Data

The historical data trend for Oriental System 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.

Oriental System Technology Debt-to-EBITDA Chart

Oriental System Technology Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -0.29 0.04 -3.27 -1.66 -21.44

Oriental System Technology Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.09 -2.29 -1.76 9.76 -5.06

Competitive Comparison of Oriental System Technology's Debt-to-EBITDA

For the Semiconductors subindustry, Oriental System 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.


Oriental System Technology's Debt-to-EBITDA Distribution in the Semiconductors Industry

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

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



Oriental System Technology Debt-to-EBITDA Calculation

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

Oriental System 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
=(56.617 + 102.02) / -7.401
=-21.43

Oriental System Technology'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
=(56.617 + 102.02) / -31.348
=-5.06

* 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 two times the quarterly (Dec. 2023) EBITDA data.


Oriental System Technology  (ROCO:6819) 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.


Oriental System Technology Debt-to-EBITDA Related Terms

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


Oriental System Technology (ROCO:6819) Business Description

Traded in Other Exchanges
N/A
Address
No. 25, Industry E. 9th Road, 2nd Floor, Hsinchu Science Park, Hsinchu, TWN, 30075
Oriental System Technology Inc is engaged in the manufacturing of sensors. The product portfolio includes thermopile sensor, NDIR gas sensor, and optoelectronic components.

Oriental System Technology (ROCO:6819) Headlines

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