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Asia Plastic Recycling Holdings (TPE:1337) Debt-to-EBITDA : -2.00 (As of Mar. 2024)


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What is Asia Plastic Recycling Holdings Debt-to-EBITDA?

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

Asia Plastic Recycling Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$4.4 Mil. Asia Plastic Recycling Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$392.3 Mil. Asia Plastic Recycling Holdings's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$-197.9 Mil. Asia Plastic Recycling Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -2.00.

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 Asia Plastic Recycling Holdings's Debt-to-EBITDA or its related term are showing as below:

TPE:1337' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.64   Med: 0.11   Max: 0.45
Current: -1.64

During the past 13 years, the highest Debt-to-EBITDA Ratio of Asia Plastic Recycling Holdings was 0.45. The lowest was -1.64. And the median was 0.11.

TPE:1337's Debt-to-EBITDA is ranked worse than
100% of 1212 companies
in the Chemicals industry
Industry Median: 2.33 vs TPE:1337: -1.64

Asia Plastic Recycling Holdings Debt-to-EBITDA Historical Data

The historical data trend for Asia Plastic Recycling Holdings'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.

Asia Plastic Recycling Holdings Debt-to-EBITDA Chart

Asia Plastic Recycling Holdings 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 -0.49 -0.34 - - -

Asia Plastic Recycling Holdings 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 - - - - -2.00

Competitive Comparison of Asia Plastic Recycling Holdings's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Asia Plastic Recycling Holdings'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.


Asia Plastic Recycling Holdings's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asia Plastic Recycling Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Asia Plastic Recycling Holdings's Debt-to-EBITDA falls into.



Asia Plastic Recycling Holdings Debt-to-EBITDA Calculation

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

Asia Plastic Recycling Holdings'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
=(0 + 0) / -248.33
=0.00

Asia Plastic Recycling Holdings'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
=(4.408 + 392.312) / -197.932
=-2.00

* 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.


Asia Plastic Recycling Holdings  (TPE:1337) 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.


Asia Plastic Recycling Holdings Debt-to-EBITDA Related Terms

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


Asia Plastic Recycling Holdings (TPE:1337) Business Description

Traded in Other Exchanges
N/A
Address
Cricket Square, P.O. Box 2804, 4th Floor, Willow House, Grand Cayman, CYM, KY1-1112
Asia Plastic Recycling Holdings Ltd is engaged in the manufacturing, sale, research, and development of ethylene-vinyl acetate copolymer (EVA). EVA foam material is used in shoes, luggage (luggage trolley) linings, sporting goods, toys, car liners, home improvement building materials, and other fields.

Asia Plastic Recycling Holdings (TPE:1337) Headlines

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