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Sai Gon Thuong Tin Real Estate Joint Stock Company (STC:SCR) Debt-to-EBITDA : 9.40 (As of Dec. 2023)


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What is Sai Gon Thuong Tin Real Estate Joint Stock Company Debt-to-EBITDA?

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

Sai Gon Thuong Tin Real Estate Joint Stock Company's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₫1,617,119 Mil. Sai Gon Thuong Tin Real Estate Joint Stock Company's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₫1,376,690 Mil. Sai Gon Thuong Tin Real Estate Joint Stock Company's annualized EBITDA for the quarter that ended in Dec. 2023 was ₫318,484 Mil. Sai Gon Thuong Tin Real Estate Joint Stock Company's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 9.40.

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 Sai Gon Thuong Tin Real Estate Joint Stock Company's Debt-to-EBITDA or its related term are showing as below:

STC:SCR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.22   Med: 4.7   Max: 10.23
Current: 7.59

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sai Gon Thuong Tin Real Estate Joint Stock Company was 10.23. The lowest was 2.22. And the median was 4.70.

STC:SCR's Debt-to-EBITDA is ranked worse than
58.93% of 1266 companies
in the Real Estate industry
Industry Median: 5.725 vs STC:SCR: 7.59

Sai Gon Thuong Tin Real Estate Joint Stock Company Debt-to-EBITDA Historical Data

The historical data trend for Sai Gon Thuong Tin Real Estate Joint Stock Company'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.

Sai Gon Thuong Tin Real Estate Joint Stock Company Debt-to-EBITDA Chart

Sai Gon Thuong Tin Real Estate Joint Stock Company 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 4.23 5.69 2.28 4.35 7.94

Sai Gon Thuong Tin Real Estate Joint Stock Company 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 8.79 5.34 5.73 6.48 9.40

Competitive Comparison of Sai Gon Thuong Tin Real Estate Joint Stock Company's Debt-to-EBITDA

For the Real Estate - Diversified subindustry, Sai Gon Thuong Tin Real Estate Joint Stock Company'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.


Sai Gon Thuong Tin Real Estate Joint Stock Company's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sai Gon Thuong Tin Real Estate Joint Stock Company's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sai Gon Thuong Tin Real Estate Joint Stock Company's Debt-to-EBITDA falls into.



Sai Gon Thuong Tin Real Estate Joint Stock Company Debt-to-EBITDA Calculation

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

Sai Gon Thuong Tin Real Estate Joint Stock Company'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
=(1617119.241 + 1376689.836) / 377148.925
=7.94

Sai Gon Thuong Tin Real Estate Joint Stock Company'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
=(1617119.241 + 1376689.836) / 318484.04
=9.40

* 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.


Sai Gon Thuong Tin Real Estate Joint Stock Company  (STC:SCR) 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.


Sai Gon Thuong Tin Real Estate Joint Stock Company Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Sai Gon Thuong Tin Real Estate Joint Stock Company's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Sai Gon Thuong Tin Real Estate Joint Stock Company (STC:SCR) Business Description

Traded in Other Exchanges
N/A
Address
No 253 Hoang Van Thu, TTC Building, Ward 2, Tan Binh District, Ho Chi Minh City, VNM
Sai Gon Thuong Tin Real Estate Joint Stock Company is engaged in trade in real estate, own land use rights, lease land use rights and houses, and invest and construct the infrastructure of industrial parks. The projects of the company are belleza apartment, carillon apartment, and hoa binh sacromreal project.

Sai Gon Thuong Tin Real Estate Joint Stock Company (STC:SCR) Headlines