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PT Bekasi Fajar Industrial Estate Tbk (ISX:BEST) Debt-to-EBITDA : 16.19 (As of Mar. 2024)


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What is PT Bekasi Fajar Industrial Estate Tbk Debt-to-EBITDA?

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

PT Bekasi Fajar Industrial Estate Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp147,050 Mil. PT Bekasi Fajar Industrial Estate Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp1,262,175 Mil. PT Bekasi Fajar Industrial Estate Tbk's annualized EBITDA for the quarter that ended in Mar. 2024 was Rp87,023 Mil. PT Bekasi Fajar Industrial Estate Tbk's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 16.19.

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 Bekasi Fajar Industrial Estate Tbk's Debt-to-EBITDA or its related term are showing as below:

ISX:BEST' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.15   Med: 4.12   Max: 52.97
Current: 13.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of PT Bekasi Fajar Industrial Estate Tbk was 52.97. The lowest was 1.15. And the median was 4.12.

ISX:BEST's Debt-to-EBITDA is ranked worse than
77.16% of 1248 companies
in the Real Estate industry
Industry Median: 6.02 vs ISX:BEST: 13.32

PT Bekasi Fajar Industrial Estate Tbk Debt-to-EBITDA Historical Data

The historical data trend for PT Bekasi Fajar Industrial Estate 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 Bekasi Fajar Industrial Estate Tbk Debt-to-EBITDA Chart

PT Bekasi Fajar Industrial Estate 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 3.17 52.97 33.02 8.97 6.24

PT Bekasi Fajar Industrial Estate 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 2.56 5.88 24.80 46.99 16.19

Competitive Comparison of PT Bekasi Fajar Industrial Estate Tbk's Debt-to-EBITDA

For the Real Estate Services subindustry, PT Bekasi Fajar Industrial Estate 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 Bekasi Fajar Industrial Estate Tbk's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Bekasi Fajar Industrial Estate Tbk's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PT Bekasi Fajar Industrial Estate Tbk's Debt-to-EBITDA falls into.



PT Bekasi Fajar Industrial Estate Tbk Debt-to-EBITDA Calculation

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

PT Bekasi Fajar Industrial Estate 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
=(147049.65 + 1298937.15) / 231895.953
=6.24

PT Bekasi Fajar Industrial Estate 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
=(147049.65 + 1262174.737) / 87022.58
=16.19

* 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 Bekasi Fajar Industrial Estate Tbk  (ISX:BEST) 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 Bekasi Fajar Industrial Estate Tbk Debt-to-EBITDA Related Terms

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


PT Bekasi Fajar Industrial Estate Tbk (ISX:BEST) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Sumatera, Kawasan Industri MM2100, Cikarang Barat, West Java, Bekasi, IDN, 17520
PT Bekasi Fajar Industrial Estate Tbk is a real estate development company based in Indonesia. The business segments carried out by the company include Industrial Estates and others. The Industrial Area segment, which is the key revenue driver for the company, includes sales of industrial plots and rental of factory production and warehousing facilities.