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Century Iron And Steel Industrial Co (TPE:9958) Debt-to-EBITDA : 2.43 (As of Mar. 2024)


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What is Century Iron And Steel Industrial Co Debt-to-EBITDA?

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

Century Iron And Steel Industrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$3,508 Mil. Century Iron And Steel Industrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$10,698 Mil. Century Iron And Steel Industrial Co's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$5,849 Mil. Century Iron And Steel Industrial Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.43.

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 Century Iron And Steel Industrial Co's Debt-to-EBITDA or its related term are showing as below:

TPE:9958' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.33   Med: 11.3   Max: 28.55
Current: 3.33

During the past 13 years, the highest Debt-to-EBITDA Ratio of Century Iron And Steel Industrial Co was 28.55. The lowest was 3.33. And the median was 11.30.

TPE:9958's Debt-to-EBITDA is ranked worse than
82.15% of 2297 companies
in the Industrial Products industry
Industry Median: 1.75 vs TPE:9958: 3.33

Century Iron And Steel Industrial Co Debt-to-EBITDA Historical Data

The historical data trend for Century Iron And Steel Industrial 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.

Century Iron And Steel Industrial Co Debt-to-EBITDA Chart

Century Iron And Steel Industrial 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 4.80 3.78 5.07 14.20 5.67

Century Iron And Steel Industrial 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 17.93 8.15 5.25 3.33 2.43

Competitive Comparison of Century Iron And Steel Industrial Co's Debt-to-EBITDA

For the Metal Fabrication subindustry, Century Iron And Steel Industrial 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.


Century Iron And Steel Industrial Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Century Iron And Steel Industrial Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Century Iron And Steel Industrial Co's Debt-to-EBITDA falls into.



Century Iron And Steel Industrial Co Debt-to-EBITDA Calculation

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

Century Iron And Steel Industrial 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
=(4366.201 + 13085.609) / 3076.455
=5.67

Century Iron And Steel Industrial 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
=(3508.486 + 10697.566) / 5849.072
=2.43

* 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.


Century Iron And Steel Industrial Co  (TPE:9958) 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.


Century Iron And Steel Industrial Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Century Iron And Steel Industrial Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Century Iron And Steel Industrial Co (TPE:9958) Business Description

Traded in Other Exchanges
N/A
Address
No.1119, Section1, Zhongshan Road, Guanyin District, Taoyuan, TWN, 328
Century Iron And Steel Industrial Co Ltd operates in the Steel industry. The company is engaged in the processing, manufacturing, and trading of steel frame & iron bone and its related installation services. It also manufactures steel structures for buildings and bridges. The majority of its revenue comes from Construction materials.

Century Iron And Steel Industrial Co (TPE:9958) Headlines

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