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Globlex Holding Management PCL (BKK:GBX-F) Debt-to-EBITDA : 2.32 (As of Dec. 2023)


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What is Globlex Holding Management PCL Debt-to-EBITDA?

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

Globlex Holding Management PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿604.2 Mil. Globlex Holding Management PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿26.8 Mil. Globlex Holding Management PCL's annualized EBITDA for the quarter that ended in Dec. 2023 was ฿272.2 Mil. Globlex Holding Management PCL's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.32.

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 Globlex Holding Management PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:GBX-F' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.76   Med: 4.56   Max: 10.75
Current: 4.56

During the past 13 years, the highest Debt-to-EBITDA Ratio of Globlex Holding Management PCL was 10.75. The lowest was 1.76. And the median was 4.56.

BKK:GBX-F's Debt-to-EBITDA is ranked worse than
72.49% of 418 companies
in the Capital Markets industry
Industry Median: 1.565 vs BKK:GBX-F: 4.56

Globlex Holding Management PCL Debt-to-EBITDA Historical Data

The historical data trend for Globlex Holding Management PCL'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.

Globlex Holding Management PCL Debt-to-EBITDA Chart

Globlex Holding Management PCL 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 10.75 5.40 1.76 2.25 4.56

Globlex Holding Management PCL 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 1.42 5.38 27.88 12.93 2.32

Competitive Comparison of Globlex Holding Management PCL's Debt-to-EBITDA

For the Capital Markets subindustry, Globlex Holding Management PCL'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.


Globlex Holding Management PCL's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Globlex Holding Management PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Globlex Holding Management PCL's Debt-to-EBITDA falls into.



Globlex Holding Management PCL Debt-to-EBITDA Calculation

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

Globlex Holding Management PCL'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
=(604.183 + 26.81) / 138.29
=4.56

Globlex Holding Management PCL'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
=(604.183 + 26.81) / 272.24
=2.32

* 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.


Globlex Holding Management PCL  (BKK:GBX-F) 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.


Globlex Holding Management PCL Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Globlex Holding Management PCL's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Globlex Holding Management PCL (BKK:GBX-F) Business Description

Traded in Other Exchanges
Address
Wireless Road, Lumpini, Phatumwan, Number 87/2, 12th Floor, CRC Tower, All Seasons Place, Bangkok, THA, 10330
Globlex Holding Management PCL is a Thailand-based investment holding company. It is principally engaged in securities borrowing and lending. The company operates in three business segments namely Holding business, Securities business, and Other business. The company generates maximum revenue from the Securities business segment. Geographically, the company mainly operates in Thailand.

Globlex Holding Management PCL (BKK:GBX-F) Headlines

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