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Taiwan Styrene Monomer (TPE:1310) Debt-to-EBITDA : 9.39 (As of Mar. 2024)


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What is Taiwan Styrene Monomer Debt-to-EBITDA?

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

Taiwan Styrene Monomer's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,153 Mil. Taiwan Styrene Monomer's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$61 Mil. Taiwan Styrene Monomer's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$129 Mil. Taiwan Styrene Monomer's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 9.39.

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 Taiwan Styrene Monomer's Debt-to-EBITDA or its related term are showing as below:

TPE:1310' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -29.64   Med: 0.31   Max: 3.05
Current: -3.77

During the past 13 years, the highest Debt-to-EBITDA Ratio of Taiwan Styrene Monomer was 3.05. The lowest was -29.64. And the median was 0.31.

TPE:1310's Debt-to-EBITDA is ranked worse than
100% of 1213 companies
in the Chemicals industry
Industry Median: 2.31 vs TPE:1310: -3.77

Taiwan Styrene Monomer Debt-to-EBITDA Historical Data

The historical data trend for Taiwan Styrene Monomer'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.

Taiwan Styrene Monomer Debt-to-EBITDA Chart

Taiwan Styrene Monomer 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 0.27 0.32 1.78 -9.66 -4.16

Taiwan Styrene Monomer 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 2.87 -0.94 3.15 -2.17 9.39

Competitive Comparison of Taiwan Styrene Monomer's Debt-to-EBITDA

For the Chemicals subindustry, Taiwan Styrene Monomer'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.


Taiwan Styrene Monomer's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiwan Styrene Monomer's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Taiwan Styrene Monomer's Debt-to-EBITDA falls into.



Taiwan Styrene Monomer Debt-to-EBITDA Calculation

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

Taiwan Styrene Monomer'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
=(1123.026 + 64.095) / -285.738
=-4.15

Taiwan Styrene Monomer'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
=(1153.087 + 60.705) / 129.236
=9.39

* 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.


Taiwan Styrene Monomer  (TPE:1310) 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.


Taiwan Styrene Monomer Debt-to-EBITDA Related Terms

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


Taiwan Styrene Monomer (TPE:1310) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Roosevelt Road, Sec. 1, 8th-1 Floor, Taipei, TWN
Taiwan Styrene Monomer Corp is engaged in the manufacturing and distribution of styrene monomer and related products. The company also offers toluene that is used as an organic solvent and para-diethyl benzene, which is used as the solvent of polystyrene. The company's main customers for the polystyrene are ABS resin and synthetic rubber manufacturers. Its products are generally used in electrical appliances, machinery, electronics, automotive, packaging and other industries.

Taiwan Styrene Monomer (TPE:1310) Headlines

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