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Eastern Commercial Leasing PCL (BKK:ECL) Debt-to-EBITDA : 234.41 (As of Mar. 2024)


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What is Eastern Commercial Leasing PCL Debt-to-EBITDA?

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

Eastern Commercial Leasing PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿1,632.6 Mil. Eastern Commercial Leasing PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿1,473.8 Mil. Eastern Commercial Leasing PCL's annualized EBITDA for the quarter that ended in Mar. 2024 was ฿13.3 Mil. Eastern Commercial Leasing PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 234.41.

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 Eastern Commercial Leasing PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:ECL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 12.43   Med: 19.4   Max: 158.45
Current: 76.48

During the past 13 years, the highest Debt-to-EBITDA Ratio of Eastern Commercial Leasing PCL was 158.45. The lowest was 12.43. And the median was 19.40.

BKK:ECL's Debt-to-EBITDA is ranked worse than
94.55% of 257 companies
in the Credit Services industry
Industry Median: 7.66 vs BKK:ECL: 76.48

Eastern Commercial Leasing PCL Debt-to-EBITDA Historical Data

The historical data trend for Eastern Commercial Leasing PCL'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.

Eastern Commercial Leasing PCL Debt-to-EBITDA Chart

Eastern Commercial Leasing PCL 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 21.74 158.45 15.51 14.95 39.64

Eastern Commercial Leasing PCL 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 17.27 24.01 281.88 123.22 234.41

Competitive Comparison of Eastern Commercial Leasing PCL's Debt-to-EBITDA

For the Credit Services subindustry, Eastern Commercial Leasing PCL'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.


Eastern Commercial Leasing PCL's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Eastern Commercial Leasing PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Eastern Commercial Leasing PCL's Debt-to-EBITDA falls into.



Eastern Commercial Leasing PCL Debt-to-EBITDA Calculation

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

Eastern Commercial Leasing PCL'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
=(1569.474 + 1404.631) / 75.023
=39.64

Eastern Commercial Leasing PCL'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
=(1632.601 + 1473.849) / 13.252
=234.41

* 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.


Eastern Commercial Leasing PCL  (BKK:ECL) 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.


Eastern Commercial Leasing PCL Debt-to-EBITDA Related Terms

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


Eastern Commercial Leasing PCL (BKK:ECL) Business Description

Traded in Other Exchanges
N/A
Address
Rim Klong Samsean Road, 976/1, Soi Rama 9 Hospital, Bang Kapi Subdistrict, Huai Khwang District, Bangkok, THA, 10310
Eastern Commercial Leasing PCL is engaged in the business of credit services to the personal and juristic person in the form of hire purchase, loans and sale with right of redemption agreement. The company operates in the business division of Credit Services. The hire and sale-purchase agreement generate maximum revenue for the company.

Eastern Commercial Leasing PCL (BKK:ECL) Headlines

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