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Chia Ta World Co (TPE:2033) Debt-to-EBITDA : 4.45 (As of Mar. 2024)


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What is Chia Ta World Co Debt-to-EBITDA?

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

Chia Ta World Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$172.0 Mil. Chia Ta World Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$2.0 Mil. Chia Ta World Co's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$39.1 Mil. Chia Ta World Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 4.45.

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 Chia Ta World Co's Debt-to-EBITDA or its related term are showing as below:

TPE:2033' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.87   Med: 5.49   Max: 34.01
Current: 5.66

During the past 13 years, the highest Debt-to-EBITDA Ratio of Chia Ta World Co was 34.01. The lowest was 1.87. And the median was 5.49.

TPE:2033's Debt-to-EBITDA is ranked worse than
76.19% of 483 companies
in the Steel industry
Industry Median: 2.78 vs TPE:2033: 5.66

Chia Ta World Co Debt-to-EBITDA Historical Data

The historical data trend for Chia Ta World 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.

Chia Ta World Co Debt-to-EBITDA Chart

Chia Ta World 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 2.65 1.87 5.11 24.84 8.44

Chia Ta World 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 -29.04 9.82 6.48 4.02 4.45

Competitive Comparison of Chia Ta World Co's Debt-to-EBITDA

For the Steel subindustry, Chia Ta World 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.


Chia Ta World Co's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Chia Ta World Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Chia Ta World Co's Debt-to-EBITDA falls into.



Chia Ta World Co Debt-to-EBITDA Calculation

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

Chia Ta World 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
=(161.603 + 2.091) / 19.386
=8.44

Chia Ta World 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
=(172.024 + 2.024) / 39.132
=4.45

* 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.


Chia Ta World Co  (TPE:2033) 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.


Chia Ta World Co Debt-to-EBITDA Related Terms

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


Chia Ta World Co (TPE:2033) Business Description

Traded in Other Exchanges
N/A
Address
Number 16 Lane 317, Chung Cheng North Road, YongKang District, Tainan, TWN
Chia Ta World Co Ltd is engaged in the manufacturing, processing, and distribution of steel products like high carbon steel wires, galvanized steel wires, wire stands, ungalvanized steel bars, and pre stressed concrete steel bars. The Company's products products are widely used in Spring/Suspension Industry, Mattress Manufacturing, Pre-stressed Concrete Products Industry, Infrastructure (Bridges, Beams, and Civil Engineering), Construction Industry and much more.

Chia Ta World Co (TPE:2033) Headlines

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