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Well Graded Engineering PCL (BKK:WGE) Debt-to-EBITDA : -0.63 (As of Dec. 2023)


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What is Well Graded Engineering PCL Debt-to-EBITDA?

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

Well Graded Engineering PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿356 Mil. Well Graded Engineering PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿50 Mil. Well Graded Engineering PCL's annualized EBITDA for the quarter that ended in Dec. 2023 was ฿-648 Mil. Well Graded Engineering PCL's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.63.

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 Well Graded Engineering PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:WGE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.13   Med: 0.2   Max: 3.84
Current: -2

During the past 5 years, the highest Debt-to-EBITDA Ratio of Well Graded Engineering PCL was 3.84. The lowest was -3.13. And the median was 0.20.

BKK:WGE's Debt-to-EBITDA is ranked worse than
100% of 1309 companies
in the Construction industry
Industry Median: 2.32 vs BKK:WGE: -2.00

Well Graded Engineering PCL Debt-to-EBITDA Historical Data

The historical data trend for Well Graded Engineering 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.

Well Graded Engineering PCL Debt-to-EBITDA Chart

Well Graded Engineering PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
0.20 0.89 3.84 -3.13 -2.00

Well Graded Engineering PCL Quarterly Data
Jun19 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 -1.61 -1.32 13.27 3.99 -0.63

Competitive Comparison of Well Graded Engineering PCL's Debt-to-EBITDA

For the Engineering & Construction subindustry, Well Graded Engineering 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.


Well Graded Engineering PCL's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Well Graded Engineering PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Well Graded Engineering PCL's Debt-to-EBITDA falls into.



Well Graded Engineering PCL Debt-to-EBITDA Calculation

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

Well Graded Engineering 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
=(355.646 + 49.813) / -202.645
=-2.00

Well Graded Engineering 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
=(355.646 + 49.813) / -647.568
=-0.63

* 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.


Well Graded Engineering PCL  (BKK:WGE) 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.


Well Graded Engineering PCL Debt-to-EBITDA Related Terms

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


Well Graded Engineering PCL (BKK:WGE) Business Description

Traded in Other Exchanges
N/A
Address
50/1203 Moo 9, Bangpood, Pakkred, Nonthaburi, THA, 11120
Well Graded Engineering PCL is an engineering and construction company. The company is engaged in the business of construction work services and consultants for the design and supervision of construction, engineering, and architecture works. Its projects portfolio includes High Rise Condo; Low Rise Condo; Office Building; Hospital; Sales Gallery; Community Mall; an Interior; Factory; Public Utility System; and Renovate.

Well Graded Engineering PCL (BKK:WGE) Headlines

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