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PT Gajah Tunggal Tbk (FRA:GH8) Debt-to-EBITDA : 1.97 (As of Mar. 2024)


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What is PT Gajah Tunggal Tbk Debt-to-EBITDA?

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

PT Gajah Tunggal Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €33 Mil. PT Gajah Tunggal Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €250 Mil. PT Gajah Tunggal Tbk's annualized EBITDA for the quarter that ended in Mar. 2024 was €144 Mil. PT Gajah Tunggal Tbk's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.97.

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 PT Gajah Tunggal Tbk's Debt-to-EBITDA or its related term are showing as below:

FRA:GH8' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.05   Med: 6.46   Max: 16.07
Current: 2.05

During the past 13 years, the highest Debt-to-EBITDA Ratio of PT Gajah Tunggal Tbk was 16.07. The lowest was 2.05. And the median was 6.46.

FRA:GH8's Debt-to-EBITDA is ranked better than
56.08% of 1052 companies
in the Vehicles & Parts industry
Industry Median: 2.355 vs FRA:GH8: 2.05

PT Gajah Tunggal Tbk Debt-to-EBITDA Historical Data

The historical data trend for PT Gajah Tunggal Tbk'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.

PT Gajah Tunggal Tbk Debt-to-EBITDA Chart

PT Gajah Tunggal Tbk 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 4.90 4.13 7.41 12.53 2.21

PT Gajah Tunggal Tbk 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 2.62 4.46 2.08 1.59 1.97

Competitive Comparison of PT Gajah Tunggal Tbk's Debt-to-EBITDA

For the Auto Parts subindustry, PT Gajah Tunggal Tbk'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.


PT Gajah Tunggal Tbk's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT Gajah Tunggal Tbk's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PT Gajah Tunggal Tbk's Debt-to-EBITDA falls into.



PT Gajah Tunggal Tbk Debt-to-EBITDA Calculation

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

PT Gajah Tunggal Tbk'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
=(44.154 + 251.582) / 133.668
=2.21

PT Gajah Tunggal Tbk'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
=(33.41 + 249.673) / 143.996
=1.97

* 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.


PT Gajah Tunggal Tbk  (FRA:GH8) 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.


PT Gajah Tunggal Tbk Debt-to-EBITDA Related Terms

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


PT Gajah Tunggal Tbk (FRA:GH8) Business Description

Traded in Other Exchanges
Address
Jalan Hayam Wuruk No. 8, Wisma Hayam Wuruk 10th Floor, Jakarta, IDN, 10120
PT Gajah Tunggal Tbk is a tire manufacturer in Indonesia. Its operating segment consists of the manufacturing of tire, tire cord, synthetic rubber, nylon yarn, and others. The tires are used for passenger and commercial vehicles which include passenger car, truck, bus, motorcycles, and others. The business and sales activities are performed through various countries such as Asia, America, Europe, Middle East, Africa, Australia, and Oceania under the brand GT Radial, Gajah Tunggal, IRC, and Zeneos. It derives a vast majority of its revenue from the manufacture of tires in Java.

PT Gajah Tunggal Tbk (FRA:GH8) Headlines

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