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Vinacomin Machinery Joint Stock Company (HSTC:CTT) Debt-to-EBITDA : 4.18 (As of Sep. 2023)


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What is Vinacomin Machinery Joint Stock Company Debt-to-EBITDA?

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

Vinacomin Machinery Joint Stock Company's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₫104,664 Mil. Vinacomin Machinery Joint Stock Company's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₫19,706 Mil. Vinacomin Machinery Joint Stock Company's annualized EBITDA for the quarter that ended in Sep. 2023 was ₫29,770 Mil. Vinacomin Machinery Joint Stock Company's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 4.18.

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 Vinacomin Machinery Joint Stock Company's Debt-to-EBITDA or its related term are showing as below:

HSTC:CTT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.86   Med: 3.45   Max: 3.61
Current: 2.86

During the past 4 years, the highest Debt-to-EBITDA Ratio of Vinacomin Machinery Joint Stock Company was 3.61. The lowest was 2.86. And the median was 3.45.

HSTC:CTT's Debt-to-EBITDA is ranked worse than
65.05% of 2295 companies
in the Industrial Products industry
Industry Median: 1.74 vs HSTC:CTT: 2.86

Vinacomin Machinery Joint Stock Company Debt-to-EBITDA Historical Data

The historical data trend for Vinacomin Machinery Joint Stock Company'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.

Vinacomin Machinery Joint Stock Company Debt-to-EBITDA Chart

Vinacomin Machinery Joint Stock Company Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Debt-to-EBITDA
3.52 3.38 3.61 3.30

Vinacomin Machinery Joint Stock Company Quarterly Data
Dec18 Mar19 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 2.38 7.20 2.77 1.85 4.18

Competitive Comparison of Vinacomin Machinery Joint Stock Company's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Vinacomin Machinery Joint Stock Company'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.


Vinacomin Machinery Joint Stock Company's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vinacomin Machinery Joint Stock Company's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Vinacomin Machinery Joint Stock Company's Debt-to-EBITDA falls into.



Vinacomin Machinery Joint Stock Company Debt-to-EBITDA Calculation

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

Vinacomin Machinery Joint Stock Company's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(171543.914 + 20569.061) / 58283.793
=3.30

Vinacomin Machinery Joint Stock Company's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(104663.864 + 19705.9) / 29770.224
=4.18

* 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 (Sep. 2023) EBITDA data.


Vinacomin Machinery Joint Stock Company  (HSTC:CTT) 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.


Vinacomin Machinery Joint Stock Company Debt-to-EBITDA Related Terms

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


Vinacomin Machinery Joint Stock Company (HSTC:CTT) Business Description

Traded in Other Exchanges
N/A
Address
No. 486, Tran Phu Street, Quang Ninh Province, Cam Thuy Ward, Cam Pha City, VNM
Vinacomin Machinery Joint Stock Company is a Vietnam based machinery manufacturing company. It provides power protector, cutting machine, drilling machine, hydraulic.