GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Taiwan Fire & Marine Insurance Co Ltd (TPE:2832) » Definitions » Debt-to-EBITDA

Taiwan Fire & Marine Insurance Co (TPE:2832) Debt-to-EBITDA : N/A (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Taiwan Fire & Marine Insurance Co Debt-to-EBITDA?

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

Taiwan Fire & Marine Insurance Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$0 Mil. Taiwan Fire & Marine Insurance Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$58 Mil. Taiwan Fire & Marine Insurance Co's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$0 Mil.

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 Fire & Marine Insurance Co's Debt-to-EBITDA or its related term are showing as below:

TPE:2832's Debt-to-EBITDA is not ranked *
in the Insurance industry.
Industry Median: 1.44
* Ranked among companies with meaningful Debt-to-EBITDA only.

Taiwan Fire & Marine Insurance Co Debt-to-EBITDA Historical Data

The historical data trend for Taiwan Fire & Marine Insurance 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.

Taiwan Fire & Marine Insurance Co Debt-to-EBITDA Chart

Taiwan Fire & Marine Insurance 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 N/A N/A N/A N/A N/A

Taiwan Fire & Marine Insurance 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 N/A N/A N/A N/A N/A

Competitive Comparison of Taiwan Fire & Marine Insurance Co's Debt-to-EBITDA

For the Insurance - Property & Casualty subindustry, Taiwan Fire & Marine Insurance 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.


Taiwan Fire & Marine Insurance Co's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Taiwan Fire & Marine Insurance Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Taiwan Fire & Marine Insurance Co's Debt-to-EBITDA falls into.



Taiwan Fire & Marine Insurance Co Debt-to-EBITDA Calculation

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

Taiwan Fire & Marine Insurance 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
=(0 + 63.686) / N/A
=N/A

Taiwan Fire & Marine Insurance Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

* 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 Fire & Marine Insurance Co  (TPE:2832) 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 Fire & Marine Insurance Co Debt-to-EBITDA Related Terms

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


Taiwan Fire & Marine Insurance Co (TPE:2832) Business Description

Traded in Other Exchanges
N/A
Address
8th Floor, No. 49, Guanqian Road, Zhongzheng District, Taipei, TWN, 100
Taiwan Fire & Marine Insurance Co Ltd is a diversified insurance company that generates the vast majority of its revenue through underwriting and investment performance in Taiwan. The company offers a variety of insurance services that include fire, marine, Aviation, automobile, and casualty insurance, as well as reinsurance for the abovementioned insurances. It also provides liability insurance and health insurance, The bulk of the company's income is generated through automobile insurance, commercial fire insurance, and residential earthquake insurance.

Taiwan Fire & Marine Insurance Co (TPE:2832) Headlines

No Headlines