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Ratchthani Leasing PCL (BKK:THANI) Debt-to-EBITDA : 33.76 (As of Mar. 2024)


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What is Ratchthani Leasing PCL Debt-to-EBITDA?

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

Ratchthani Leasing PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿17,325 Mil. Ratchthani Leasing PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿24,448 Mil. Ratchthani Leasing PCL's annualized EBITDA for the quarter that ended in Mar. 2024 was ฿1,237 Mil. Ratchthani Leasing PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 33.76.

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

BKK:THANI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 17.91   Med: 19.83   Max: 39.85
Current: 39.85

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ratchthani Leasing PCL was 39.85. The lowest was 17.91. And the median was 19.83.

BKK:THANI's Debt-to-EBITDA is ranked worse than
90.16% of 254 companies
in the Credit Services industry
Industry Median: 7.78 vs BKK:THANI: 39.85

Ratchthani Leasing PCL Debt-to-EBITDA Historical Data

The historical data trend for Ratchthani 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.

Ratchthani Leasing PCL Debt-to-EBITDA Chart

Ratchthani 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 18.30 19.14 20.91 23.26 35.40

Ratchthani 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 24.16 24.54 57.23 88.07 33.76

Competitive Comparison of Ratchthani Leasing PCL's Debt-to-EBITDA

For the Credit Services subindustry, Ratchthani 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.


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

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

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



Ratchthani Leasing PCL Debt-to-EBITDA Calculation

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

Ratchthani 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
=(17145.964 + 24596.019) / 1179.197
=35.40

Ratchthani 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
=(17324.983 + 24447.744) / 1237.24
=33.76

* 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.


Ratchthani Leasing PCL  (BKK:THANI) 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.


Ratchthani Leasing PCL Debt-to-EBITDA Related Terms

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


Ratchthani Leasing PCL (BKK:THANI) Business Description

Traded in Other Exchanges
N/A
Address
77/35-36, Krung Thon Buri, 11th UP Floor, Sinsathorn Tower, Klongtonsai, Klongsarn, Bangkok, THA, 10600
Ratchthani Leasing PCL is a public company incorporated and domiciled in Thailand. The company is principally engaged in providing financial services specifically hire-purchase and leasing. Ratchathani Leasing PCL is organized into business units based on its products and services and has three reportable segments, namely, New Cars, Used Cars, and Others. The company operates only in Thailand and generates a majority of its revenue from Hire purchase interest income.

Ratchthani Leasing PCL (BKK:THANI) Headlines

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