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Tenaga Nasional Bhd (Tenaga Nasional Bhd) Debt-to-EBITDA : 13.61 (As of Dec. 2023)


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What is Tenaga Nasional Bhd Debt-to-EBITDA?

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

Tenaga Nasional Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,214 Mil. Tenaga Nasional Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $17,672 Mil. Tenaga Nasional Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was $1,461 Mil. Tenaga Nasional Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 13.61.

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 Tenaga Nasional Bhd's Debt-to-EBITDA or its related term are showing as below:

TNABY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.35   Med: 4.04   Max: 11.91
Current: 11.91

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tenaga Nasional Bhd was 11.91. The lowest was 2.35. And the median was 4.04.

TNABY's Debt-to-EBITDA is ranked worse than
90.46% of 461 companies
in the Utilities - Regulated industry
Industry Median: 3.54 vs TNABY: 11.91

Tenaga Nasional Bhd Debt-to-EBITDA Historical Data

The historical data trend for Tenaga Nasional Bhd'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.

Tenaga Nasional Bhd Debt-to-EBITDA Chart

Tenaga Nasional Bhd Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.02 4.22 4.21 4.61 4.86

Tenaga Nasional Bhd 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 12.38 10.92 13.77 10.68 13.61

Competitive Comparison of Tenaga Nasional Bhd's Debt-to-EBITDA

For the Utilities - Regulated Electric subindustry, Tenaga Nasional Bhd'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.


Tenaga Nasional Bhd's Debt-to-EBITDA Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tenaga Nasional Bhd's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tenaga Nasional Bhd's Debt-to-EBITDA falls into.



Tenaga Nasional Bhd Debt-to-EBITDA Calculation

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

Tenaga Nasional Bhd'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
=(2214.277 + 17672.177) / 4088.171
=4.86

Tenaga Nasional Bhd'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
=(2214.277 + 17672.177) / 1460.884
=13.61

* 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.


Tenaga Nasional Bhd  (OTCPK:TNABY) 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.


Tenaga Nasional Bhd Debt-to-EBITDA Related Terms

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


Tenaga Nasional Bhd (Tenaga Nasional Bhd) Business Description

Traded in Other Exchanges
Address
No. 3, Jalan Bukit Pantai, Tingkat 16, Tower A, TNB Platinum, Pejabat Setiausaha Syarikat, Bangsar, Kuala Lumpur, SGR, MYS, 59100
Tenaga Nasional Bhd, or TNB, is the largest electric utility company in Malaysia. The company is involved in the generation, transmission, distribution, and sale of electricity. TNB segments its operations into a generation division, a transmission division, and a distribution division. The generation division encompasses the company's portfolio of thermal and hydroelectric power plants located throughout Malaysia. Through its subsidiaries, TNB also engages in other energy-related operations, such as the manufacturing of transformers and the providing of consulting services. The company primarily generates revenue through the sale of electricity in West Malaysia. Its customers are mainly commercial operations, domestic consumers, and large industrial entities.

Tenaga Nasional Bhd (Tenaga Nasional Bhd) Headlines

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