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Delta Electronics (TPE:2308) Debt-to-EBITDA : 1.06 (As of Mar. 2024)


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What is Delta Electronics Debt-to-EBITDA?

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

Delta Electronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$7,010 Mil. Delta Electronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$56,310 Mil. Delta Electronics's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$59,775 Mil. Delta Electronics's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.06.

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 Delta Electronics's Debt-to-EBITDA or its related term are showing as below:

TPE:2308' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.45   Med: 0.84   Max: 0.94
Current: 0.89

During the past 13 years, the highest Debt-to-EBITDA Ratio of Delta Electronics was 0.94. The lowest was 0.45. And the median was 0.84.

TPE:2308's Debt-to-EBITDA is ranked better than
67.23% of 1727 companies
in the Hardware industry
Industry Median: 1.81 vs TPE:2308: 0.89

Delta Electronics Debt-to-EBITDA Historical Data

The historical data trend for Delta Electronics'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.

Delta Electronics Debt-to-EBITDA Chart

Delta Electronics 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 0.84 0.85 0.94 0.74 0.84

Delta Electronics 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 0.78 0.68 0.79 0.79 1.06

Competitive Comparison of Delta Electronics's Debt-to-EBITDA

For the Electronic Components subindustry, Delta Electronics'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.


Delta Electronics's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Delta Electronics's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Delta Electronics's Debt-to-EBITDA falls into.



Delta Electronics Debt-to-EBITDA Calculation

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

Delta Electronics'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
=(5879.104 + 53975.697) / 71402.582
=0.84

Delta Electronics'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
=(7009.825 + 56310.427) / 59774.836
=1.06

* 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 four times the quarterly (Mar. 2024) EBITDA data.


Delta Electronics  (TPE:2308) 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.


Delta Electronics Debt-to-EBITDA Related Terms

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


Delta Electronics (TPE:2308) Business Description

Traded in Other Exchanges
N/A
Address
No. 186, Ruey Kuang Road, Neihu District, Taipei, TWN, 11491
Founded in 1971, Delta Electronics, or Delta, is the largest industrial power system supplier globally. It positions itself as a solutions provider in telecom power, renewable energy, surveillance systems, new energy vehicles power systems, smart building, industrial automation, and data centers. Delta also trades under Innergie, Loytec, Delta Controls and Amerlux. The company's headquarters are in Taipei, Taiwan, and employs over 11,000 people in 30 countries. A group of Delta's subsidiaries consolidated under Delta Electronics (Thailand) Public Company Limited, or DET, is listed on the Stock Exchange of Thailand. DET is 63.1% owned by Delta. The company owns 56.75% of surveillance system provider Vivotek (3454 TW).

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