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Mida Leasing PCL (BKK:ML-F) Debt-to-EBITDA : 130.37 (As of Mar. 2024)


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What is Mida Leasing PCL Debt-to-EBITDA?

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

Mida Leasing PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿1,461.7 Mil. Mida Leasing PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿153.9 Mil. Mida Leasing PCL's annualized EBITDA for the quarter that ended in Mar. 2024 was ฿12.4 Mil. Mida Leasing PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 130.37.

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 Mida Leasing PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:ML-F' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 11.49   Med: 16.71   Max: 128.9
Current: 128.9

During the past 13 years, the highest Debt-to-EBITDA Ratio of Mida Leasing PCL was 128.90. The lowest was 11.49. And the median was 16.71.

BKK:ML-F's Debt-to-EBITDA is ranked worse than
97.64% of 254 companies
in the Credit Services industry
Industry Median: 7.78 vs BKK:ML-F: 128.90

Mida Leasing PCL Debt-to-EBITDA Historical Data

The historical data trend for Mida Leasing 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.

Mida Leasing PCL Debt-to-EBITDA Chart

Mida Leasing 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 17.96 19.41 15.60 17.67 52.35

Mida Leasing PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 19.61 104.10 77.51 -413.70 130.37

Competitive Comparison of Mida Leasing PCL's Debt-to-EBITDA

For the Credit Services subindustry, Mida Leasing 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.


Mida Leasing PCL's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mida Leasing PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Mida Leasing PCL's Debt-to-EBITDA falls into.



Mida Leasing PCL Debt-to-EBITDA Calculation

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

Mida Leasing 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
=(748.532 + 894.699) / 31.391
=52.35

Mida Leasing PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1461.657 + 153.867) / 12.392
=130.37

* 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 (Mar. 2024) EBITDA data.


Mida Leasing PCL  (BKK:ML-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.


Mida Leasing PCL Debt-to-EBITDA Related Terms

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


Mida Leasing PCL (BKK:ML-F) Business Description

Traded in Other Exchanges
Address
48/1-5, Soi Chaengwattana 14, Chaengwattana Road, Thungsonghong, Lak si, Bangkok, THA, 10210
Mida Leasing PCL is principally engaged in providing financial services for used cars hire-purchasing and management of non-performing assets. The company operates its business in three segments namely Hire purchase financing for used cars, Other financial services, and Non-performing receivable management business. It also expanded its range of loans, including new hire-purchase loans, hire-purchase of taxis, working capital loans. The company's major businesses are carried in Thailand.

Mida Leasing PCL (BKK:ML-F) Headlines

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