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Tai Tung Communication Co (TPE:8011) Debt-to-EBITDA : 10.96 (As of Mar. 2024)


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What is Tai Tung Communication Co Debt-to-EBITDA?

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

Tai Tung Communication Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$368 Mil. Tai Tung Communication Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$617 Mil. Tai Tung Communication Co's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$90 Mil. Tai Tung Communication Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 10.96.

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 Tai Tung Communication Co's Debt-to-EBITDA or its related term are showing as below:

TPE:8011' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.33   Med: 10.01   Max: 27.99
Current: 2.33

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tai Tung Communication Co was 27.99. The lowest was 2.33. And the median was 10.01.

TPE:8011's Debt-to-EBITDA is ranked worse than
57.57% of 1737 companies
in the Hardware industry
Industry Median: 1.8 vs TPE:8011: 2.33

Tai Tung Communication Co Debt-to-EBITDA Historical Data

The historical data trend for Tai Tung Communication 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.

Tai Tung Communication Co Debt-to-EBITDA Chart

Tai Tung Communication 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 11.45 8.23 27.99 26.79 7.66

Tai Tung Communication 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 30.55 4.50 7.56 7.42 10.96

Competitive Comparison of Tai Tung Communication Co's Debt-to-EBITDA

For the Communication Equipment subindustry, Tai Tung Communication 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.


Tai Tung Communication Co's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tai Tung Communication Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tai Tung Communication Co's Debt-to-EBITDA falls into.



Tai Tung Communication Co Debt-to-EBITDA Calculation

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

Tai Tung Communication 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
=(747.775 + 2686.281) / 448.48
=7.66

Tai Tung Communication 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
=(367.844 + 617.49) / 89.932
=10.96

* 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.


Tai Tung Communication Co  (TPE:8011) 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.


Tai Tung Communication Co Debt-to-EBITDA Related Terms

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


Tai Tung Communication Co (TPE:8011) Business Description

Traded in Other Exchanges
N/A
Address
9th Floor, Number 219, Fuhui Road, Xinzhuang District, New Taipei City, TWN
Tai Tung Communication Co Ltd is a Taiwan-based company mainly engaged in the fiber optical cables and Fiber to the Home (FTTH) related accessories business, internal and external communication cables business, power transmission cables business, manufacture and sale of other products, and wholesale and retail sale of ores. The company's business operations cover outdoor and indoor optical cables, telecommunication cable, power transmission and distribution cable, CATV trunk and distribution cable and others.

Tai Tung Communication Co (TPE:8011) Headlines

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