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Ta Ya Electric Wire & Cable (TPE:1609) Debt-to-EBITDA : 8.17 (As of Mar. 2024)


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What is Ta Ya Electric Wire & Cable Debt-to-EBITDA?

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

Ta Ya Electric Wire & Cable's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$12,147 Mil. Ta Ya Electric Wire & Cable's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$15,019 Mil. Ta Ya Electric Wire & Cable's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$3,326 Mil. Ta Ya Electric Wire & Cable's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 8.17.

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 Ta Ya Electric Wire & Cable's Debt-to-EBITDA or its related term are showing as below:

TPE:1609' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -64.13   Med: 7.6   Max: 17.36
Current: 7.45

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ta Ya Electric Wire & Cable was 17.36. The lowest was -64.13. And the median was 7.60.

TPE:1609's Debt-to-EBITDA is ranked worse than
86.88% of 2295 companies
in the Industrial Products industry
Industry Median: 1.72 vs TPE:1609: 7.45

Ta Ya Electric Wire & Cable Debt-to-EBITDA Historical Data

The historical data trend for Ta Ya Electric Wire & Cable'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.

Ta Ya Electric Wire & Cable Debt-to-EBITDA Chart

Ta Ya Electric Wire & Cable 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 6.10 7.74 6.96 10.34 5.00

Ta Ya Electric Wire & Cable 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 2.55 5.61 7.57 7.17 8.17

Competitive Comparison of Ta Ya Electric Wire & Cable's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Ta Ya Electric Wire & Cable'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.


Ta Ya Electric Wire & Cable's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ta Ya Electric Wire & Cable's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ta Ya Electric Wire & Cable's Debt-to-EBITDA falls into.



Ta Ya Electric Wire & Cable Debt-to-EBITDA Calculation

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

Ta Ya Electric Wire & Cable'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
=(10064.012 + 15986.269) / 5211.962
=5.00

Ta Ya Electric Wire & Cable'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
=(12146.533 + 15019.311) / 3325.944
=8.17

* 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.


Ta Ya Electric Wire & Cable  (TPE:1609) 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.


Ta Ya Electric Wire & Cable Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Ta Ya Electric Wire & Cable's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Ta Ya Electric Wire & Cable (TPE:1609) Business Description

Traded in Other Exchanges
N/A
Address
No. 249, Section 2, Zhongshan Road, Guanmiao District, Tainan, TWN, 71847
Ta Ya Electric Wire & Cable is engaged in the manufacturing and sale of electric wire & cable, and constructing, selling, and renting office and house buildings. The company has two operating segments; the Electric wire and cable segment mainly engage in the manufacturing and sale of electric wire and cable, and the Solar power plants segment mainly engages in the development of solar power plants for renewable energy. It derives a majority of its revenue from Taiwan.

Ta Ya Electric Wire & Cable (TPE:1609) Headlines

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