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Thai Steel Cable PCL (BKK:TSC) Debt-to-EBITDA : 0.01 (As of Dec. 2023)


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What is Thai Steel Cable PCL Debt-to-EBITDA?

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

Thai Steel Cable PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿2 Mil. Thai Steel Cable PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿2 Mil. Thai Steel Cable PCL's annualized EBITDA for the quarter that ended in Dec. 2023 was ฿459 Mil. Thai Steel Cable PCL's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.01.

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 Thai Steel Cable PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:TSC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.4   Max: 1.65
Current: 0.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of Thai Steel Cable PCL was 1.65. The lowest was 0.01. And the median was 0.40.

BKK:TSC's Debt-to-EBITDA is ranked better than
99.9% of 1051 companies
in the Vehicles & Parts industry
Industry Median: 2.4 vs BKK:TSC: 0.01

Thai Steel Cable PCL Debt-to-EBITDA Historical Data

The historical data trend for Thai Steel Cable 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.

Thai Steel Cable PCL Debt-to-EBITDA Chart

Thai Steel Cable PCL Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.48 0.29 0.32 0.01

Thai Steel Cable PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.28 0.01 0.01 0.01 0.01

Competitive Comparison of Thai Steel Cable PCL's Debt-to-EBITDA

For the Auto Parts subindustry, Thai Steel Cable 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.


Thai Steel Cable PCL's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thai Steel Cable PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Thai Steel Cable PCL's Debt-to-EBITDA falls into.



Thai Steel Cable PCL Debt-to-EBITDA Calculation

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

Thai Steel Cable PCL's Debt-to-EBITDA for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.492 + 1.687) / 395.053
=0.01

Thai Steel Cable PCL's annualized Debt-to-EBITDA for the quarter 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
=(1.56 + 1.74) / 459.476
=0.01

* 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 (Dec. 2023) EBITDA data.


Thai Steel Cable PCL  (BKK:TSC) 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.


Thai Steel Cable PCL Debt-to-EBITDA Related Terms

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


Thai Steel Cable PCL (BKK:TSC) Business Description

Traded in Other Exchanges
N/A
Address
700/737, Moo. 1, Tambol Panthong, Amphur Panthong, Chonburi, THA, 20160
Thai Steel Cable PCL is a Thailand-based company engaged in the manufacture and sales of control cables, parts, and equipment for vehicles and motorcycles. Its products are divided into three categories: Automobile control cables which include products like accelerator cables, door lock cables, fuel lid opener cables, hood release cables, parking brake cables, seat belt cables, transmission cables, and trunk opener cables; Motorcycle control cables which include brake cables, clutch cables, seat lock cables, speedometer cables, tachometer cables, and throttle cables, and Automobile window regulators. The company operates only in Thailand.