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PT AKRorindo Tbk (PT AKRorindo Tbk) Debt-to-EBITDA : 1.85 (As of Mar. 2024)


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What is PT AKRorindo Tbk Debt-to-EBITDA?

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

PT AKRorindo Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $96 Mil. PT AKRorindo Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $280 Mil. PT AKRorindo Tbk's annualized EBITDA for the quarter that ended in Mar. 2024 was $203 Mil. PT AKRorindo Tbk's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.85.

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

PKCPY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.97   Med: 2.91   Max: 4.6
Current: 1.55

During the past 13 years, the highest Debt-to-EBITDA Ratio of PT AKRorindo Tbk was 4.60. The lowest was 0.97. And the median was 2.91.

PKCPY's Debt-to-EBITDA is ranked better than
54.87% of 718 companies
in the Oil & Gas industry
Industry Median: 1.76 vs PKCPY: 1.55

PT AKRorindo Tbk Debt-to-EBITDA Historical Data

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

PT AKRorindo 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 4.60 3.16 2.05 0.97 1.23

PT AKRorindo 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 0.88 2.05 1.28 0.79 1.85

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

For the Oil & Gas Refining & Marketing subindustry, PT AKRorindo 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 AKRorindo Tbk's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT AKRorindo Tbk's Debt-to-EBITDA distribution charts can be found below:

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



PT AKRorindo Tbk Debt-to-EBITDA Calculation

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

PT AKRorindo 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
=(76.19 + 224.067) / 245.049
=1.23

PT AKRorindo 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
=(95.794 + 280.282) / 203.228
=1.85

* 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 AKRorindo Tbk  (OTCPK:PKCPY) 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 AKRorindo Tbk Debt-to-EBITDA Related Terms

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


PT AKRorindo Tbk (PT AKRorindo Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Panjang No. 5 Kebon Jeruk, AKR Tower, 26th Floor, Jakarta Barat, Jakarta, IDN, 11530
PT AKR Corporindo Tbk is engaged in chemicals distribution. The company has four segments. The Trading and distribution segment, which accounts for most of the total revenue, distributes industrial and retail petroleum products, other basic chemicals, and lubricants for the industrial, marine, mining, and commercial vehicles sectors. The Logistics Services segment provides various kinds of logistics services such as rental of storage tanks and warehouses, bagging, port handling, and transportation services mainly for liquid and solid chemical and petroleum products in Indonesia. The Manufacturing segment makes adhesive materials. The Industrial estate segments comprise sales and leases of industrial estate land, sales of electricity, and other related services to tenants of the estate.

PT AKRorindo Tbk (PT AKRorindo Tbk) Headlines

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