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PT Apexindo Pratama Duta Tbk (ISX:APEX) Debt-to-EBITDA : 21.27 (As of Dec. 2023)


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What is PT Apexindo Pratama Duta Tbk Debt-to-EBITDA?

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

PT Apexindo Pratama Duta Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp96,319 Mil. PT Apexindo Pratama Duta Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp1,836,846 Mil. PT Apexindo Pratama Duta Tbk's annualized EBITDA for the quarter that ended in Dec. 2023 was Rp90,893 Mil. PT Apexindo Pratama Duta Tbk's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 21.27.

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 Apexindo Pratama Duta Tbk's Debt-to-EBITDA or its related term are showing as below:

ISX:APEX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.61   Med: 7.06   Max: 30.77
Current: 30.77

During the past 13 years, the highest Debt-to-EBITDA Ratio of PT Apexindo Pratama Duta Tbk was 30.77. The lowest was -7.61. And the median was 7.06.

ISX:APEX's Debt-to-EBITDA is ranked worse than
98.46% of 716 companies
in the Oil & Gas industry
Industry Median: 1.76 vs ISX:APEX: 30.77

PT Apexindo Pratama Duta Tbk Debt-to-EBITDA Historical Data

The historical data trend for PT Apexindo Pratama Duta 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 Apexindo Pratama Duta Tbk Debt-to-EBITDA Chart

PT Apexindo Pratama Duta 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 7.36 2.18 12.10 -1.71 30.23

PT Apexindo Pratama Duta Tbk 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 41.54 19.21 25.80 -122.02 21.27

Competitive Comparison of PT Apexindo Pratama Duta Tbk's Debt-to-EBITDA

For the Oil & Gas Drilling subindustry, PT Apexindo Pratama Duta 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 Apexindo Pratama Duta Tbk's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Apexindo Pratama Duta Tbk's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PT Apexindo Pratama Duta Tbk's Debt-to-EBITDA falls into.



PT Apexindo Pratama Duta Tbk Debt-to-EBITDA Calculation

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

PT Apexindo Pratama Duta 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
=(96319.123 + 1836846.381) / 63945.538
=30.23

PT Apexindo Pratama Duta Tbk'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
=(96319.123 + 1836846.381) / 90892.692
=21.27

* 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.


PT Apexindo Pratama Duta Tbk  (ISX:APEX) 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 Apexindo Pratama Duta Tbk Debt-to-EBITDA Related Terms

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


PT Apexindo Pratama Duta Tbk (ISX:APEX) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jend. Sudirman Kav. 52- 53, Office 8 Building, 20th-21st Floor, SCBD Lot 28, Kebayoran Baru, Jakarta, IDN, 12190
PT Apexindo Pratama Duta Tbk is a drilling contractor. The company's operating segment includes Offshore drilling services and Onshore drilling services. It generates maximum revenue from the Offshore drilling services segment. The company serves oil and gas, geothermal, and coal bed methane industries. It provides offshore-drilling services which include Swampbarges and Jack-up, and onshore drilling services to clients.