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Goke Microelectronics Co (SZSE:300672) Debt-to-EBITDA : 12.08 (As of Mar. 2024)


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What is Goke Microelectronics Co Debt-to-EBITDA?

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

Goke Microelectronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,412 Mil. Goke Microelectronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥213 Mil. Goke Microelectronics Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥135 Mil. Goke Microelectronics Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 12.08.

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 Goke Microelectronics Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:300672' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.95   Med: 1.89   Max: 21.67
Current: 21.67

During the past 11 years, the highest Debt-to-EBITDA Ratio of Goke Microelectronics Co was 21.67. The lowest was 0.95. And the median was 1.89.

SZSE:300672's Debt-to-EBITDA is ranked worse than
96.18% of 706 companies
in the Semiconductors industry
Industry Median: 1.595 vs SZSE:300672: 21.67

Goke Microelectronics Co Debt-to-EBITDA Historical Data

The historical data trend for Goke Microelectronics 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.

Goke Microelectronics Co Debt-to-EBITDA Chart

Goke Microelectronics Co 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 4.33 5.17 1.89 1.89 3.03

Goke Microelectronics Co 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 7.48 8.94 -8.64 6.40 12.08

Competitive Comparison of Goke Microelectronics Co's Debt-to-EBITDA

For the Semiconductors subindustry, Goke Microelectronics 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.


Goke Microelectronics Co's Debt-to-EBITDA Distribution in the Semiconductors Industry

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

* The bar in red indicates where Goke Microelectronics Co's Debt-to-EBITDA falls into.



Goke Microelectronics Co Debt-to-EBITDA Calculation

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

Goke Microelectronics 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
=(691.918 + 214.595) / 299.293
=3.03

Goke Microelectronics 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
=(1411.965 + 213.054) / 134.564
=12.08

* 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.


Goke Microelectronics Co  (SZSE:300672) 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.


Goke Microelectronics Co Debt-to-EBITDA Related Terms

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


Goke Microelectronics Co (SZSE:300672) Business Description

Traded in Other Exchanges
N/A
Address
No.9, Dongjie Road, Economic and Technological Development Zone, Hunan, Changsha, CHN, 410131
Goke Microelectronics Co Ltd is an integrated circuit design enterprise based in China. The company develops chips and solution for digital cable, satellite, DTMB, and internet. It also provides professional services such as especially application platform, reference design and coordinate software systems. Its other product range consists of NDS advanced security decoding chip, H.265 high-definition chip, high-end acoustic chip, Wi-Fi chip, the high-end solid storage controlling chip and high-definition security monitor chip.

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