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Kings Metal Fiber Technologies Co (ROCO:6832) Debt-to-EBITDA : 2.94 (As of Dec. 2023)


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What is Kings Metal Fiber Technologies Co Debt-to-EBITDA?

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

Kings Metal Fiber Technologies Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$72.6 Mil. Kings Metal Fiber Technologies Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$325.4 Mil. Kings Metal Fiber Technologies Co's annualized EBITDA for the quarter that ended in Dec. 2023 was NT$135.5 Mil. Kings Metal Fiber Technologies Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.94.

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 Kings Metal Fiber Technologies Co's Debt-to-EBITDA or its related term are showing as below:

ROCO:6832' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.61   Med: 4.26   Max: 7.86
Current: 2.61

During the past 6 years, the highest Debt-to-EBITDA Ratio of Kings Metal Fiber Technologies Co was 7.86. The lowest was 2.61. And the median was 4.26.

ROCO:6832's Debt-to-EBITDA is ranked better than
51.66% of 813 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.77 vs ROCO:6832: 2.61

Kings Metal Fiber Technologies Co Debt-to-EBITDA Historical Data

The historical data trend for Kings Metal Fiber Technologies 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.

Kings Metal Fiber Technologies Co Debt-to-EBITDA Chart

Kings Metal Fiber Technologies Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 7.86 4.84 4.62 3.66 2.61

Kings Metal Fiber Technologies Co Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.89 3.94 3.43 2.45 2.94

Competitive Comparison of Kings Metal Fiber Technologies Co's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Kings Metal Fiber Technologies 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.


Kings Metal Fiber Technologies Co's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kings Metal Fiber Technologies Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kings Metal Fiber Technologies Co's Debt-to-EBITDA falls into.



Kings Metal Fiber Technologies Co Debt-to-EBITDA Calculation

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

Kings Metal Fiber Technologies 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
=(72.582 + 325.41) / 152.723
=2.61

Kings Metal Fiber Technologies Co'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
=(72.582 + 325.41) / 135.534
=2.94

* 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.


Kings Metal Fiber Technologies Co  (ROCO:6832) 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.


Kings Metal Fiber Technologies Co Debt-to-EBITDA Related Terms

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


Kings Metal Fiber Technologies Co (ROCO:6832) Business Description

Traded in Other Exchanges
N/A
Address
Linsen N. Road, 8th Floor, No. 426, Zhongshan District, Taipei, TWN, 104
Kings Metal Fiber Technologies Co Ltd is engaged in the business of advanced textiles. Its customer base ranges from glass manufacturing industries to smart clothing retail markets. By transforming stainless steel fibers into soft and smooth textile constructions, the company provides the ideal buffer material for contacting the hot surfaces of glass during its forming process.

Kings Metal Fiber Technologies Co (ROCO:6832) Headlines

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