Petronas Gas Bhd (XKLS:6033) Debt-to-EBITDA : 0.84 (As of Dec. 2023)

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What is Petronas Gas Bhd Debt-to-EBITDA?

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

Petronas Gas Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM1,293 Mil. Petronas Gas Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM1,859 Mil. Petronas Gas Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM3,747 Mil. Petronas Gas Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.84.

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 Petronas Gas Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:6033' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.36 Med: 0.89 Max: 1.1
Current: 0.86

During the past 13 years, the highest Debt-to-EBITDA Ratio of Petronas Gas Bhd was 1.10. The lowest was 0.36. And the median was 0.89.

XKLS:6033's Debt-to-EBITDA is ranked better than
83.26% of 466 companies
in the Utilities - Regulated industry
Industry Median: 3.66 vs XKLS:6033: 0.86

Petronas Gas Bhd Debt-to-EBITDA Historical Data

The historical data trend for Petronas Gas Bhd'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.

Petronas Gas Bhd Debt-to-EBITDA Chart

Petronas Gas Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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1.02

0.85

0.91

1.10

0.86

Petronas Gas Bhd 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															1.13	1.13	0.84	0.90	0.84

Competitive Comparison of Petronas Gas Bhd's Debt-to-EBITDA

For the Utilities - Regulated Gas subindustry, Petronas Gas Bhd'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.

Petronas Gas Bhd's Debt-to-EBITDA Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Petronas Gas Bhd's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Petronas Gas Bhd's Debt-to-EBITDA falls into.

Petronas Gas Bhd Debt-to-EBITDA Calculation

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

Petronas Gas Bhd'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
	=	(1293.283	+	1859.186)	/	3654.171
	=	0.86

Petronas Gas Bhd'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
	=	(1293.283	+	1859.186)	/	3746.908
	=	0.84

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.

Petronas Gas Bhd (XKLS:6033) 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.

Petronas Gas Bhd Debt-to-EBITDA Related Terms

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

Petronas Gas Bhd (XKLS:6033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Petronas Gas Bhd (XKLS:6033) » Definitions » Debt-to-EBITDA

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Traded in Other Exchanges

PNAGF:USA

Address

Level 49-50, Tower 1, PETRONAS Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088

Website

https://www.petronasgas.com

Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.

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