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PT Gudang Garam Tbk (ISX:GGRM) Debt-to-EBITDA : 2.62 (As of Mar. 2024)


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What is PT Gudang Garam Tbk Debt-to-EBITDA?

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

PT Gudang Garam Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp12,552,867 Mil. PT Gudang Garam Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp0 Mil. PT Gudang Garam Tbk's annualized EBITDA for the quarter that ended in Mar. 2024 was Rp4,790,420 Mil. PT Gudang Garam Tbk's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.62.

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 PT Gudang Garam Tbk's Debt-to-EBITDA or its related term are showing as below:

ISX:GGRM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.58   Med: 1.68   Max: 2.13
Current: 1.88

During the past 13 years, the highest Debt-to-EBITDA Ratio of PT Gudang Garam Tbk was 2.13. The lowest was 0.58. And the median was 1.68.

ISX:GGRM's Debt-to-EBITDA is ranked worse than
51.52% of 33 companies
in the Tobacco Products industry
Industry Median: 1.88 vs ISX:GGRM: 1.88

PT Gudang Garam Tbk Debt-to-EBITDA Historical Data

The historical data trend for PT Gudang Garam Tbk'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.

PT Gudang Garam Tbk Debt-to-EBITDA Chart

PT Gudang Garam Tbk 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 1.11 0.58 1.24 2.13 1.60

PT Gudang Garam Tbk 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 0.73 1.38 0.94 2.28 2.62

Competitive Comparison of PT Gudang Garam Tbk's Debt-to-EBITDA

For the Tobacco subindustry, PT Gudang Garam Tbk'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.


PT Gudang Garam Tbk's Debt-to-EBITDA Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, PT Gudang Garam Tbk's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PT Gudang Garam Tbk's Debt-to-EBITDA falls into.



PT Gudang Garam Tbk Debt-to-EBITDA Calculation

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

PT Gudang Garam Tbk'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
=(13395817 + 0) / 8348979
=1.60

PT Gudang Garam Tbk'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
=(12552867 + 0) / 4790420
=2.62

* 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.


PT Gudang Garam Tbk  (ISX:GGRM) 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.


PT Gudang Garam Tbk Debt-to-EBITDA Related Terms

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


PT Gudang Garam Tbk (ISX:GGRM) Business Description

Traded in Other Exchanges
Address
Jl. Semampir II/1, East Java, Kediri, IDN, 64121
PT Gudang Garam Tbk manufactures kretek cigarettes, which are clove cigarettes common in Indonesia. The firm's operations are almost entirely domestic, with its tobacco and clove farmers, two production facilities, and dozens of offices all located in Indonesia. Nearly all of the company's sales are generated in Indonesia. The company's brand families include Gudang Garam, Surya, GG, and Merah. Other brands include Sriwedari, which is a hand-rolled brand, and Klobot.

PT Gudang Garam Tbk (ISX:GGRM) Headlines

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