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Eastech Holding (TPE:5225) Debt-to-EBITDA : 0.17 (As of Mar. 2024)


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What is Eastech Holding Debt-to-EBITDA?

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

Eastech Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$100 Mil. Eastech Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$82 Mil. Eastech Holding's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$1,059 Mil. Eastech Holding's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.17.

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 Eastech Holding's Debt-to-EBITDA or its related term are showing as below:

TPE:5225' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.84   Med: 1.44   Max: 2.43
Current: 0.2

During the past 13 years, the highest Debt-to-EBITDA Ratio of Eastech Holding was 2.43. The lowest was -3.84. And the median was 1.44.

TPE:5225's Debt-to-EBITDA is ranked better than
85.51% of 1739 companies
in the Hardware industry
Industry Median: 1.79 vs TPE:5225: 0.20

Eastech Holding Debt-to-EBITDA Historical Data

The historical data trend for Eastech Holding'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.

Eastech Holding Debt-to-EBITDA Chart

Eastech Holding 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 1.10 -3.84 2.43 0.68 0.41

Eastech Holding 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 0.91 0.51 0.24 0.44 0.17

Competitive Comparison of Eastech Holding's Debt-to-EBITDA

For the Consumer Electronics subindustry, Eastech Holding'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.


Eastech Holding's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Eastech Holding's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Eastech Holding's Debt-to-EBITDA falls into.



Eastech Holding Debt-to-EBITDA Calculation

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

Eastech Holding'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
=(211.683 + 96.472) / 752.228
=0.41

Eastech Holding'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
=(99.619 + 82.378) / 1058.9
=0.17

* 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.


Eastech Holding  (TPE:5225) 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.


Eastech Holding Debt-to-EBITDA Related Terms

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


Eastech Holding (TPE:5225) Business Description

Traded in Other Exchanges
N/A
Address
8F-1, No. 188, Baoqiao Road, Xindian District, New Taipei City, TWN, 23145
Eastech Holding Ltd is engaged in the design and manufacturing of acoustics, electronics, hardware, software, and systems engineering. Its transducers catalog covers standard design transducers, headphones and earphone transducers, scan-speak designed transducers, and others. The company offered products have applications in voice control products, Bluetooth systems, Wi-Fi systems, multi-channel sound systems, soundbar systems, active and passive speakers, home speakers, and headphones, among others. Geographically, the company operates in South Korea, Japan, China, Sweden, Denmark, and others and it derives a majority of its revenue from South Korea.

Eastech Holding (TPE:5225) Headlines

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