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SSI Securities (STC:SSI) Debt-to-EBITDA : 7.40 (As of Mar. 2024)


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What is SSI Securities Debt-to-EBITDA?

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

SSI Securities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫40,100,369 Mil. SSI Securities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫0 Mil. SSI Securities's annualized EBITDA for the quarter that ended in Mar. 2024 was ₫5,422,192 Mil. SSI Securities's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 7.40.

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 SSI Securities's Debt-to-EBITDA or its related term are showing as below:

STC:SSI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.73   Med: 6.24   Max: 9.83
Current: 8.21

During the past 13 years, the highest Debt-to-EBITDA Ratio of SSI Securities was 9.83. The lowest was 1.73. And the median was 6.24.

STC:SSI's Debt-to-EBITDA is ranked worse than
84.58% of 415 companies
in the Capital Markets industry
Industry Median: 1.57 vs STC:SSI: 8.21

SSI Securities Debt-to-EBITDA Historical Data

The historical data trend for SSI Securities'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.

SSI Securities Debt-to-EBITDA Chart

SSI Securities 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 8.24 9.83 6.91 8.46 9.43

SSI Securities 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 6.73 5.27 5.96 9.99 7.40

Competitive Comparison of SSI Securities's Debt-to-EBITDA

For the Capital Markets subindustry, SSI Securities'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.


SSI Securities's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SSI Securities's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where SSI Securities's Debt-to-EBITDA falls into.



SSI Securities Debt-to-EBITDA Calculation

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

SSI Securities'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
=(43169467.555 + 0) / 4577880.9
=9.43

SSI Securities'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
=(40100368.725 + 0) / 5422192.492
=7.40

* 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 (Mar. 2024) EBITDA data.


SSI Securities  (STC:SSI) 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.


SSI Securities Debt-to-EBITDA Related Terms

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


SSI Securities (STC:SSI) Business Description

Traded in Other Exchanges
N/A
Address
72 Nguyen Hue Street, Ben Nghe Ward, District 1, Hochiminh City, VNM
SSI Securities Corp provides securities services, asset management, and investment banking. Securities services are the core business line of the company with the products and services such as securities brokerage, securities depository and securities investment capital origination aimed at local, foreign retail and individual investors. Its products and services are brokerage services, IPO services, financing services, transaction support, fund management, portfolio management and value-added services, capital raising, debt instrument issuance, M&A, identifying strategic partners to equitization advisory and listing advisory.

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