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Hold-Key Electric Wire & Cable Co (TPE:1618) Debt-to-EBITDA : 0.66 (As of Mar. 2024)


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What is Hold-Key Electric Wire & Cable Co Debt-to-EBITDA?

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

Hold-Key Electric Wire & Cable Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$430 Mil. Hold-Key Electric Wire & Cable Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$3 Mil. Hold-Key Electric Wire & Cable Co's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$660 Mil. Hold-Key Electric Wire & Cable Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.66.

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 Hold-Key Electric Wire & Cable Co's Debt-to-EBITDA or its related term are showing as below:

TPE:1618' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.03   Max: 1.02
Current: 0.69

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hold-Key Electric Wire & Cable Co was 1.02. The lowest was 0.00. And the median was 0.03.

TPE:1618's Debt-to-EBITDA is ranked better than
72% of 1739 companies
in the Hardware industry
Industry Median: 1.79 vs TPE:1618: 0.69

Hold-Key Electric Wire & Cable Co Debt-to-EBITDA Historical Data

The historical data trend for Hold-Key Electric Wire & Cable 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.

Hold-Key Electric Wire & Cable Co Debt-to-EBITDA Chart

Hold-Key Electric Wire & Cable 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 0.16 0.03 0.04 0.43 1.02

Hold-Key Electric Wire & Cable 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 0.66 0.87 0.78 0.62 0.66

Competitive Comparison of Hold-Key Electric Wire & Cable Co's Debt-to-EBITDA

For the Electronics & Computer Distribution subindustry, Hold-Key Electric Wire & Cable 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.


Hold-Key Electric Wire & Cable Co's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hold-Key Electric Wire & Cable Co's Debt-to-EBITDA distribution charts can be found below:

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



Hold-Key Electric Wire & Cable Co Debt-to-EBITDA Calculation

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

Hold-Key Electric Wire & Cable 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
=(550.792 + 3.656) / 545.344
=1.02

Hold-Key Electric Wire & Cable 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
=(429.938 + 2.807) / 659.512
=0.66

* 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.


Hold-Key Electric Wire & Cable Co  (TPE:1618) 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.


Hold-Key Electric Wire & Cable Co Debt-to-EBITDA Related Terms

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


Hold-Key Electric Wire & Cable Co (TPE:1618) Business Description

Traded in Other Exchanges
N/A
Address
Fuxing South Road, 3rd Floor, No. 36-9, Section 1, Zhongshan District, Taipei City, TWN, 104
Hold-Key Electric Wire & Cable Co Ltd is engaged in the manufacture and sells XLPE power cables, electric cables, aluminum cables, rubber cables, communication cables, fiber optic cables, LAN cables, cable accessories, etc., and is also engaged in the import and export of the aforementioned products and lease of properties. The company has two operating segments; the Wires and Cables Segment, and the Others Segment. The Group mainly operates in Taiwan, Europe, USA, and Asia. it derives a majority of its revenue from Taiwan.

Hold-Key Electric Wire & Cable Co (TPE:1618) Headlines

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