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Asia Aviation PCL (BKK:AAV-F) Debt-to-EBITDA : 2.04 (As of Dec. 2023)


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What is Asia Aviation PCL Debt-to-EBITDA?

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

Asia Aviation PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿9,524 Mil. Asia Aviation PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿33,538 Mil. Asia Aviation PCL's annualized EBITDA for the quarter that ended in Dec. 2023 was ฿21,131 Mil. Asia Aviation PCL's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.04.

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 Asia Aviation PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:AAV-F' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -28.24   Med: 3.95   Max: 13.62
Current: 5.61

During the past 13 years, the highest Debt-to-EBITDA Ratio of Asia Aviation PCL was 13.62. The lowest was -28.24. And the median was 3.95.

BKK:AAV-F's Debt-to-EBITDA is ranked worse than
76.94% of 850 companies
in the Transportation industry
Industry Median: 2.815 vs BKK:AAV-F: 5.61

Asia Aviation PCL Debt-to-EBITDA Historical Data

The historical data trend for Asia Aviation PCL'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.

Asia Aviation PCL Debt-to-EBITDA Chart

Asia Aviation PCL 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 13.62 -28.24 -6.91 -17.95 5.61

Asia Aviation PCL 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 1.96 4.67 21.98 -28.11 2.04

Competitive Comparison of Asia Aviation PCL's Debt-to-EBITDA

For the Airlines subindustry, Asia Aviation PCL'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.


Asia Aviation PCL's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Asia Aviation PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Asia Aviation PCL's Debt-to-EBITDA falls into.



Asia Aviation PCL Debt-to-EBITDA Calculation

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

Asia Aviation PCL'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
=(9524.403 + 33537.52) / 7683.085
=5.60

Asia Aviation PCL'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
=(9524.403 + 33537.52) / 21131.208
=2.04

* 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.


Asia Aviation PCL  (BKK:AAV-F) 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.


Asia Aviation PCL Debt-to-EBITDA Related Terms

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


Asia Aviation PCL (BKK:AAV-F) Business Description

Traded in Other Exchanges
Address
Vibhavadee Rangsit Road, 3rd floor, Central Office Building, Room no. 3200, 222, Don Mueang International Airport, Sanam Bin District, Don Mueang District, Bangkok, THA, 10210
Asia Aviation PCL is a holding company for Thai AirAsia Company Ltd that is engaged in investing in a low-fare airline business company. The company has two operating segments; Schedule flight operations provide passenger air transportation services to routine destinations for scheduled flights. It sells tickets through its distribution channels such as websites, sale counters, travel agents. and Chartered flight operations provide passenger air transportation services to non-routine destinations. Flights are operated when there is hiring from customers such as tourist agency companies.

Asia Aviation PCL (BKK:AAV-F) Headlines

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