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Maybank Securities (Thailand) PCL (BKK:MST) Debt-to-EBITDA : 7.33 (As of Mar. 2024)


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What is Maybank Securities (Thailand) PCL Debt-to-EBITDA?

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

Maybank Securities (Thailand) PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿9,895 Mil. Maybank Securities (Thailand) PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿843 Mil. Maybank Securities (Thailand) PCL's annualized EBITDA for the quarter that ended in Mar. 2024 was ฿1,464 Mil. Maybank Securities (Thailand) PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 7.33.

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 Maybank Securities (Thailand) PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:MST' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.44   Med: 10.97   Max: 13.71
Current: 9.91

During the past 13 years, the highest Debt-to-EBITDA Ratio of Maybank Securities (Thailand) PCL was 13.71. The lowest was 4.44. And the median was 10.97.

BKK:MST's Debt-to-EBITDA is ranked worse than
87.98% of 416 companies
in the Capital Markets industry
Industry Median: 1.5 vs BKK:MST: 9.91

Maybank Securities (Thailand) PCL Debt-to-EBITDA Historical Data

The historical data trend for Maybank Securities (Thailand) 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.

Maybank Securities (Thailand) PCL Debt-to-EBITDA Chart

Maybank Securities (Thailand) 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 13.71 11.29 13.33 11.35 11.35

Maybank Securities (Thailand) 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 10.34 13.90 11.18 17.12 7.33

Competitive Comparison of Maybank Securities (Thailand) PCL's Debt-to-EBITDA

For the Capital Markets subindustry, Maybank Securities (Thailand) 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.


Maybank Securities (Thailand) PCL's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Maybank Securities (Thailand) PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Maybank Securities (Thailand) PCL's Debt-to-EBITDA falls into.



Maybank Securities (Thailand) PCL Debt-to-EBITDA Calculation

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

Maybank Securities (Thailand) 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
=(12050.948 + 51) / 1066.744
=11.34

Maybank Securities (Thailand) 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
=(9895.024 + 842.608) / 1464.028
=7.33

* 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.


Maybank Securities (Thailand) PCL  (BKK:MST) 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.


Maybank Securities (Thailand) PCL Debt-to-EBITDA Related Terms

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


Maybank Securities (Thailand) PCL (BKK:MST) Business Description

Traded in Other Exchanges
N/A
Address
Rama 1 Road, 20th - 21st Floor and 25th Floor, 999/9 The Offices at Central World Building, Pathumwan Sub-District, Pathumwan District, Bangkok, THA, 10330
Maybank Securities (Thailand) PCL is a public limited company incorporated and domiciled in Thailand. The company has licenses for securities business, which are securities brokerage, securities trading, underwriting, investment advisory, corporate finance advisory, securities registrar, derivatives brokerage, and securities borrowing and lending. The company is organized into business units based on its products and services and has two segments, namely the Securities Business segment, which provides service according to brokering and derivative brokering and securities borrowing and lending, and the Investment Banking segment, which provides underwriting, investment advisory, securities borrowing, and lending and corporate finance advisory services.