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Chang Wah Electronmaterials (TPE:8070) Debt-to-EBITDA : 3.03 (As of Mar. 2024)


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What is Chang Wah Electronmaterials Debt-to-EBITDA?

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

Chang Wah Electronmaterials's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$3,644 Mil. Chang Wah Electronmaterials's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$7,802 Mil. Chang Wah Electronmaterials's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$3,774 Mil. Chang Wah Electronmaterials's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.03.

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 Chang Wah Electronmaterials's Debt-to-EBITDA or its related term are showing as below:

TPE:8070' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.8   Med: 2.2   Max: 4.82
Current: 2.9

During the past 13 years, the highest Debt-to-EBITDA Ratio of Chang Wah Electronmaterials was 4.82. The lowest was 0.80. And the median was 2.20.

TPE:8070's Debt-to-EBITDA is ranked worse than
65.48% of 1738 companies
in the Hardware industry
Industry Median: 1.795 vs TPE:8070: 2.90

Chang Wah Electronmaterials Debt-to-EBITDA Historical Data

The historical data trend for Chang Wah Electronmaterials'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.

Chang Wah Electronmaterials Debt-to-EBITDA Chart

Chang Wah Electronmaterials 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 2.25 4.41 2.61 1.91 3.09

Chang Wah Electronmaterials 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 3.88 2.44 2.51 5.04 3.03

Competitive Comparison of Chang Wah Electronmaterials's Debt-to-EBITDA

For the Electronics & Computer Distribution subindustry, Chang Wah Electronmaterials'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.


Chang Wah Electronmaterials's Debt-to-EBITDA Distribution in the Hardware Industry

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

* The bar in red indicates where Chang Wah Electronmaterials's Debt-to-EBITDA falls into.



Chang Wah Electronmaterials Debt-to-EBITDA Calculation

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

Chang Wah Electronmaterials'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
=(5155.467 + 6386.979) / 3730.981
=3.09

Chang Wah Electronmaterials'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
=(3643.874 + 7802.215) / 3773.876
=3.03

* 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.


Chang Wah Electronmaterials  (TPE:8070) 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.


Chang Wah Electronmaterials Debt-to-EBITDA Related Terms

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


Chang Wah Electronmaterials (TPE:8070) Business Description

Traded in Other Exchanges
N/A
Address
No. 16, East 7th Street, 6th Floor, Nanzi District, Kaohsiung, TWN, 811
Chang Wah Electronmaterials Inc. is a Taiwan-based company engaged in distributing materials and equipment for integrated circuit (IC) packaging. It offers products such as IC packaging materials and devices including sealant resins, conductive adhesives, non-conductive adhesives, lead frames, auto molding equipment, as well as trim and form equipment, and TFT-LCD materials, including chip on film (COF) substrates, light guide plates and optical films, as well as LED lead frames and solar power systems. Its segment includes The Corporation; CWTC and its subsidiaries and others. Geographically, it derives a majority of its revenue from Asia.

Chang Wah Electronmaterials (TPE:8070) Headlines

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