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Infinite Finance Co (ROCO:6958) Debt-to-EBITDA : 12.96 (As of Dec. 2023)


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What is Infinite Finance Co Debt-to-EBITDA?

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

Infinite Finance Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$57,723 Mil. Infinite Finance Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$9,180 Mil. Infinite Finance Co's annualized EBITDA for the quarter that ended in Dec. 2023 was NT$5,161 Mil. Infinite Finance Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 12.96.

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 Infinite Finance Co's Debt-to-EBITDA or its related term are showing as below:

ROCO:6958' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 17.1   Med: 17.6   Max: 18.11
Current: 18.11

During the past 2 years, the highest Debt-to-EBITDA Ratio of Infinite Finance Co was 18.11. The lowest was 17.10. And the median was 17.60.

ROCO:6958's Debt-to-EBITDA is ranked worse than
71.26% of 254 companies
in the Credit Services industry
Industry Median: 7.97 vs ROCO:6958: 18.11

Infinite Finance Co Debt-to-EBITDA Historical Data

The historical data trend for Infinite Finance 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.

Infinite Finance Co Debt-to-EBITDA Chart

Infinite Finance Co Annual Data
Trend Dec22 Dec23
Debt-to-EBITDA
17.10 18.11

Infinite Finance Co Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA - 12.96 27.08 12.96

Competitive Comparison of Infinite Finance Co's Debt-to-EBITDA

For the Credit Services subindustry, Infinite Finance 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.


Infinite Finance Co's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Infinite Finance Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Infinite Finance Co's Debt-to-EBITDA falls into.



Infinite Finance Co Debt-to-EBITDA Calculation

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

Infinite Finance 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
=(57722.831 + 9179.788) / 3694.128
=18.11

Infinite Finance Co's annualized Debt-to-EBITDA for the quarter 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
=(57722.831 + 9179.788) / 5160.742
=12.96

* 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 two times the quarterly (Dec. 2023) EBITDA data.


Infinite Finance Co  (ROCO:6958) 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.


Infinite Finance Co Debt-to-EBITDA Related Terms

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


Infinite Finance Co (ROCO:6958) Business Description

Traded in Other Exchanges
N/A
Address
No.68, Songjiang Road, 7th Floor, Zhongshan District, Taipei, TWN
Infinite Finance Co Ltd provides various types of vehicle loans for heavy vehicles, tour buses, vans and small passenger cars, Its operations comprise procurement loans for heavy vehicles, tour buses, vans and small passenger cars; procurement loans and leasing services for various types of construction and engineering equipment include cranes, excavators, loaders, stackers, piling machines; letter of credit for imported machinery services; green energy financing and other services.

Infinite Finance Co (ROCO:6958) Headlines

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