Millennium Group (ASIA) PCL (BKK:MGC) Debt-to-EBITDA : 4.95 (As of Sep. 2024)

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What is Millennium Group (ASIA) PCL Debt-to-EBITDA?

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

Millennium Group (ASIA) PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ฿3,709 Mil. Millennium Group (ASIA) PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ฿3,843 Mil. Millennium Group (ASIA) PCL's annualized EBITDA for the quarter that ended in Sep. 2024 was ฿1,526 Mil. Millennium Group (ASIA) PCL's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 4.95.

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 Millennium Group (ASIA) PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:MGC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.13 Med: 4.48 Max: 13.71
Current: 13.71

During the past 4 years, the highest Debt-to-EBITDA Ratio of Millennium Group (ASIA) PCL was 13.71. The lowest was 4.13. And the median was 4.48.

BKK:MGC's Debt-to-EBITDA is ranked worse than
94.48% of 1050 companies
in the Vehicles & Parts industry
Industry Median: 2.365 vs BKK:MGC: 13.71

Millennium Group (ASIA) PCL Debt-to-EBITDA Historical Data

The historical data trend for Millennium Group (ASIA) 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.

Millennium Group (ASIA) PCL Debt-to-EBITDA Chart

Millennium Group (ASIA) PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-EBITDA

N/A

5.29

4.13

4.48

Millennium Group (ASIA) PCL Quarterly Data
	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Jun24	Sep24
Debt-to-EBITDA	Get a 7-Day Free Trial								4.54	3.31	4.55	10.92	4.95

Competitive Comparison of Millennium Group (ASIA) PCL's Debt-to-EBITDA

For the Auto & Truck Dealerships subindustry, Millennium Group (ASIA) 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.

Millennium Group (ASIA) PCL's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Millennium Group (ASIA) PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Millennium Group (ASIA) PCL's Debt-to-EBITDA falls into.

Millennium Group (ASIA) PCL Debt-to-EBITDA Calculation

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

Millennium Group (ASIA) PCL's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(3071.209	+	4340.835)	/	1654.637
	=	4.48

Millennium Group (ASIA) PCL's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(3708.731	+	3842.857)	/	1525.6
	=	4.95

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 (Sep. 2024) EBITDA data.

Millennium Group (ASIA) PCL (BKK:MGC) 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.

Millennium Group (ASIA) PCL Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Millennium Group (ASIA) PCL's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

Millennium Group (ASIA) PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Millennium Group Corp (ASIA) PCL (BKK:MGC) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2222/9 Ladprao Road, Phlapphla Subdistrict, Wang Thonglang District, Bangkok, THA, 10310

Website

https://www.mgc-asia.com

Millennium Group Corp (ASIA) PCL is a holding company that operates a full range of businesses in the automotive industry. The group operates in four business segments; the Automotive sales business segment, the After-sales service business group and independent car maintenance services segment, The Car and driver rental business segment, and Others. The majority of revenue is derived from the Automotive sales business segment.