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Advanced Micro-fabrication Equipment (SHSE:688012) Debt-to-EBITDA : 0.51 (As of Mar. 2024)


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What is Advanced Micro-fabrication Equipment Debt-to-EBITDA?

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

Advanced Micro-fabrication Equipment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥510 Mil. Advanced Micro-fabrication Equipment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥15 Mil. Advanced Micro-fabrication Equipment's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥1,040 Mil. Advanced Micro-fabrication Equipment's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.50.

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 Advanced Micro-fabrication Equipment's Debt-to-EBITDA or its related term are showing as below:

SHSE:688012' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.02   Med: 0.24   Max: 5.12
Current: 0.27

During the past 8 years, the highest Debt-to-EBITDA Ratio of Advanced Micro-fabrication Equipment was 5.12. The lowest was -2.02. And the median was 0.24.

SHSE:688012's Debt-to-EBITDA is ranked better than
78.11% of 708 companies
in the Semiconductors industry
Industry Median: 1.605 vs SHSE:688012: 0.27

Advanced Micro-fabrication Equipment Debt-to-EBITDA Historical Data

The historical data trend for Advanced Micro-fabrication Equipment'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.

Advanced Micro-fabrication Equipment Debt-to-EBITDA Chart

Advanced Micro-fabrication Equipment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial - 0.02 0.01 0.38 0.24

Advanced Micro-fabrication Equipment 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 0.42 0.16 0.74 0.19 0.51

Competitive Comparison of Advanced Micro-fabrication Equipment's Debt-to-EBITDA

For the Semiconductor Equipment & Materials subindustry, Advanced Micro-fabrication Equipment'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.


Advanced Micro-fabrication Equipment's Debt-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Advanced Micro-fabrication Equipment's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Advanced Micro-fabrication Equipment's Debt-to-EBITDA falls into.



Advanced Micro-fabrication Equipment Debt-to-EBITDA Calculation

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

Advanced Micro-fabrication Equipment'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
=(509.815 + 16.789) / 2198.578
=0.24

Advanced Micro-fabrication Equipment'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
=(510.022 + 15.251) / 1040.148
=0.50

* 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.


Advanced Micro-fabrication Equipment  (SHSE:688012) 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.


Advanced Micro-fabrication Equipment Debt-to-EBITDA Related Terms

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


Advanced Micro-fabrication Equipment (SHSE:688012) Business Description

Traded in Other Exchanges
N/A
Address
No. 188, Taihua Road, Jinqiao Export Processing Zone (South District), Pudong New Area, Shanghai, CHN, 201201
Advanced Micro-fabrication Equipment Inc is engaged in the development, production and sales of equipment such as plasma etching equipment, deep silicon etching equipment and MOCVD equipment for microelectronic devices such as integrated circuits and LED chips.

Advanced Micro-fabrication Equipment (SHSE:688012) Headlines

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