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PT Petrosea Tbk (ISX:PTRO) Debt-to-EBITDA : 8.15 (As of Mar. 2024)


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What is PT Petrosea Tbk Debt-to-EBITDA?

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

PT Petrosea Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp1,099,484 Mil. PT Petrosea Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp2,275,138 Mil. PT Petrosea Tbk's annualized EBITDA for the quarter that ended in Mar. 2024 was Rp414,320 Mil. PT Petrosea Tbk's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 8.14.

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

ISX:PTRO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2738.2   Med: 4.45   Max: 137.69
Current: 5.87

During the past 12 years, the highest Debt-to-EBITDA Ratio of PT Petrosea Tbk was 137.69. The lowest was -2738.20. And the median was 4.45.

ISX:PTRO's Debt-to-EBITDA is ranked worse than
76.55% of 533 companies
in the Metals & Mining industry
Industry Median: 1.98 vs ISX:PTRO: 5.87

PT Petrosea Tbk Debt-to-EBITDA Historical Data

The historical data trend for PT Petrosea 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 Petrosea Tbk Debt-to-EBITDA Chart

PT Petrosea 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 3.77 4.40 2.85 2.00 6.72

PT Petrosea 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 7.39 4.94 11.14 5.68 8.15

Competitive Comparison of PT Petrosea Tbk's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, PT Petrosea 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 Petrosea Tbk's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Petrosea Tbk's Debt-to-EBITDA distribution charts can be found below:

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



PT Petrosea Tbk Debt-to-EBITDA Calculation

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

PT Petrosea 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
=(1340374.331 + 2525047.134) / 575602.341
=6.72

PT Petrosea 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
=(1099484.027 + 2275138.474) / 414320.224
=8.14

* 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 Petrosea Tbk  (ISX:PTRO) 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 Petrosea Tbk Debt-to-EBITDA Related Terms

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


PT Petrosea Tbk (ISX:PTRO) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Boulevard Bintaro Jaya Blok B7/A6, Indy Bintaro Office Park, Building B, Sektor VII, CBD Bintaro Jaya, Tangerang Selatan, IDN, 15224
PT Petrosea Tbk is an Indonesian-based firm engaged in multi-disciplinary mining, infrastructure, and oil and gas services. It operates in three business segments. The Mining segment covers mining contracts like overburden stripping, drilling, blasting, lifting, hauling, mine services, and mines partnering. The Services segment covers supply-based facilities and port services. The Engineering and Construction segment provides multi-disciplinary engineering, procurement, and construction services to oil and gas, infrastructure, industrial, and manufacturing, and utility sectors. This segment also includes the supply of skilled trade personnel and equipment hire services. The majority of its revenue comes from the Mining segment.

PT Petrosea Tbk (ISX:PTRO) Headlines

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