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PT Indo Kordsa Tbk (ISX:BRAM) Debt-to-EBITDA : 0.25 (As of Dec. 2023)


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What is PT Indo Kordsa Tbk Debt-to-EBITDA?

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

PT Indo Kordsa Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp91,216 Mil. PT Indo Kordsa Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp41,222 Mil. PT Indo Kordsa Tbk's annualized EBITDA for the quarter that ended in Dec. 2023 was Rp526,240 Mil. PT Indo Kordsa Tbk's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.25.

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 Indo Kordsa Tbk's Debt-to-EBITDA or its related term are showing as below:

ISX:BRAM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.3   Med: 0.71   Max: 3.28
Current: 0.33

During the past 13 years, the highest Debt-to-EBITDA Ratio of PT Indo Kordsa Tbk was 3.28. The lowest was -6.30. And the median was 0.71.

ISX:BRAM's Debt-to-EBITDA is ranked better than
88.57% of 805 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.84 vs ISX:BRAM: 0.33

PT Indo Kordsa Tbk Debt-to-EBITDA Historical Data

The historical data trend for PT Indo Kordsa 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 Indo Kordsa Tbk Debt-to-EBITDA Chart

PT Indo Kordsa 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 0.67 -6.30 0.59 0.21 0.32

PT Indo Kordsa 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 0.19 0.27 0.40 0.43 0.25

Competitive Comparison of PT Indo Kordsa Tbk's Debt-to-EBITDA

For the Textile Manufacturing subindustry, PT Indo Kordsa 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 Indo Kordsa Tbk's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Indo Kordsa Tbk's Debt-to-EBITDA distribution charts can be found below:

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



PT Indo Kordsa Tbk Debt-to-EBITDA Calculation

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

PT Indo Kordsa 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
=(91216.43 + 41222.365) / 410944.122
=0.32

PT Indo Kordsa 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
=(91216.43 + 41222.365) / 526240.332
=0.25

* 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 Indo Kordsa Tbk  (ISX:BRAM) 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 Indo Kordsa Tbk Debt-to-EBITDA Related Terms

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


PT Indo Kordsa Tbk (ISX:BRAM) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Pahlawan, Desa Karang Asem Timur, Citeureup, Bogor, IDN, 16810
PT Indo Kordsa Tbk is an Indonesian company engaged in the manufacturing and sale of tire reinforcement materials. The business activity of the group is functioned through various divisions which include, Tyre cord fabric, Nylon yarn, and Polyester yarn. The company generates a majority of its revenue from tyre cord fabric segment. Geographically, it derives a majority of its revenue from Thailand and also has a presence in Other Countries.

PT Indo Kordsa Tbk (ISX:BRAM) Headlines

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