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China Aviation Oil (Singapore) (SGX:G92) Debt-to-EBITDA : 0.07 (As of Dec. 2023)


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What is China Aviation Oil (Singapore) Debt-to-EBITDA?

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

China Aviation Oil (Singapore)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$7 Mil. China Aviation Oil (Singapore)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$1 Mil. China Aviation Oil (Singapore)'s annualized EBITDA for the quarter that ended in Dec. 2023 was S$129 Mil. China Aviation Oil (Singapore)'s annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.06.

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 China Aviation Oil (Singapore)'s Debt-to-EBITDA or its related term are showing as below:

SGX:G92' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.07   Med: 0.26   Max: 1.27
Current: 0.08

During the past 13 years, the highest Debt-to-EBITDA Ratio of China Aviation Oil (Singapore) was 1.27. The lowest was 0.07. And the median was 0.26.

SGX:G92's Debt-to-EBITDA is ranked better than
93.36% of 723 companies
in the Oil & Gas industry
Industry Median: 1.75 vs SGX:G92: 0.08

China Aviation Oil (Singapore) Debt-to-EBITDA Historical Data

The historical data trend for China Aviation Oil (Singapore)'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.

China Aviation Oil (Singapore) Debt-to-EBITDA Chart

China Aviation Oil (Singapore) 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 0.12 0.07 0.27 0.26 0.08

China Aviation Oil (Singapore) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.33 0.31 0.30 0.14 0.07

Competitive Comparison of China Aviation Oil (Singapore)'s Debt-to-EBITDA

For the Oil & Gas Refining & Marketing subindustry, China Aviation Oil (Singapore)'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.


China Aviation Oil (Singapore)'s Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Aviation Oil (Singapore)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Aviation Oil (Singapore)'s Debt-to-EBITDA falls into.



China Aviation Oil (Singapore) Debt-to-EBITDA Calculation

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

China Aviation Oil (Singapore)'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
=(7.405 + 0.978) / 99.633
=0.08

China Aviation Oil (Singapore)'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
=(7.405 + 0.978) / 129.084
=0.06

* 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 two times the quarterly (Dec. 2023) EBITDA data.


China Aviation Oil (Singapore)  (SGX:G92) 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.


China Aviation Oil (Singapore) Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of China Aviation Oil (Singapore)'s Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


China Aviation Oil (Singapore) (SGX:G92) Business Description

Traded in Other Exchanges
Address
8 Temasek Boulevard, No. 31-02 Suntec Tower Three, Singapore, SGP, 038988
China Aviation Oil (Singapore) Corp Ltd provides transportation fuels. With the core business involving the supply and trading of jet fuel across China and internationally, covering Asia-Pacific, North America, Europe, and the Middle East, the company also trades other oil products, which include fuel oil, gas oil, aviation gas, and crude oil in the Asia-Pacific region. The company operates in three segments: Middle Distillates, Other Oil Products, and Investments in Oil-Related Assets. The Middle Distillates segment engages in supplying and trading jet fuel and gas oil. Other oil products segment is into fuel oil, crude oil, and gasoline supply and trading.

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