Nation Group (Thailand) PCL (BKK:NATION) Debt-to-EBITDA : -5.68 (As of Mar. 2026)

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What is Nation Group (Thailand) PCL Debt-to-EBITDA?

Nation Group (Thailand) PCL BKK:NATION Debt-to-EBITDA is -5.68 as of Mar. 2026. The stock has 7 warning signs investors should review. Among 678 Media - Diversified companies, Nation Group (Thailand) PCL ranks worse than 90.86% on this metric.

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

Nation Group (Thailand) PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿200.0 Mil. Nation Group (Thailand) PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿77.7 Mil. Nation Group (Thailand) PCL's annualized EBITDA for the quarter that ended in Mar. 2026 was ฿-48.9 Mil. Nation Group (Thailand) PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -5.68.

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

BKK:NATION' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -31.42   Med: -0.12   Max: 56.93
Current: 11.18

During the past 13 years, the highest Debt-to-EBITDA Ratio of Nation Group (Thailand) PCL was 56.93. The lowest was -31.42. And the median was -0.12.

BKK:NATION's Debt-to-EBITDA is ranked worse than
90.86% of 678 companies
in the Media - Diversified industry
Industry Median: 1.655 vs BKK:NATION: 11.18

Nation Group (Thailand) PCL  (BKK:NATION) 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.


Nation Group (Thailand) PCL Debt-to-EBITDA Related Terms


Nation Group (Thailand) PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Nation Group (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.

Nation Group (Thailand) PCL Debt-to-EBITDA Chart

Nation Group (Thailand) PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.15 0.42 -1.62 -0.65 -31.42

Nation Group (Thailand) PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -2.59 -6.30 6.48 1.92 -5.68

BKK:NATION vs NYT, WLY: Debt-to-EBITDA Comparison

For the Publishing subindustry, Nation Group (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.


Nation Group (Thailand) PCL Debt-to-EBITDA vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nation Group (Thailand) PCL's Debt-to-EBITDA distribution charts can be found below:

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



Nation Group (Thailand) PCL Debt-to-EBITDA Calculation

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

Nation Group (Thailand) PCL's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(194.21 + 84.919) / -8.883
=-31.42

Nation Group (Thailand) PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(200.013 + 77.73) / -48.936
=-5.68

* 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. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -5.68 mean?
Nation Group (Thailand) PCL (BKK:NATION) has a Debt-to-EBITDA of -5.68 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Nation Group (Thailand) PCL. According to the industry distribution chart, Nation Group (Thailand) PCL ranks #616 out of 678 companies in the Media - Diversified industry, placing it in the top 90.9%.
Is Nation Group (Thailand) PCL's Debt-to-EBITDA too high?
Nation Group (Thailand) PCL's current Debt-to-EBITDA is -5.68. Based on the distribution chart, Nation Group (Thailand) PCL ranks #616 out of 678 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers.
How does Nation Group (Thailand) PCL's Debt-to-EBITDA compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Nation Group (Thailand) PCL ranks #616 out of 678 companies for Debt-to-EBITDA. This places Nation Group (Thailand) PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 1.66. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Media - Diversified company?
The median Debt-to-EBITDA among Media - Diversified companies is 1.66, based on 678 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Nation Group (Thailand) PCL. For the Media - Diversified industry, the median Debt-to-EBITDA is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nation Group (Thailand) PCL's current Debt-to-EBITDA is -5.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nation Group (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Nation Group (Thailand) PCL (BKK:NATION) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.03, compared to a current price of ฿0.04 — trading 33.3% above its estimated fair value. The current Debt-to-EBITDA is -5.68. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Nation Group (Thailand) PCL (BKK:NATION), the current Debt-to-EBITDA is -5.68 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nation Group (Thailand) PCL Business Description

Address Debaratna Road, 1854, 9th, 10th and 11th Floors, Bangna-Tai, Bangna, Bangkok, THA, 10260
Nation Group (Thailand) PCL is a Thailand-based company. The company is engaged in the publishing and distribution of newspapers and providing advertising and news services and others. Its operating segment includes Publishing and advertising and related online and event; Broadcasting and related online and event; Online media and related event; and Others, which represents sale of food and beverages. The company generates maximum revenue from Publishing and advertising and related online and event segment. The company has five business groups: Publishing Group; Television Business Group; Event Marketing; New Media Platforms; and Business to Consumer (B2C) Group. The group principally operates in Thailand.