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Ocean Glass PCL (BKK:OGC-F) Debt-to-EBITDA : 11.99 (As of Mar. 2025)


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What is Ocean Glass PCL Debt-to-EBITDA?

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

Ocean Glass PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ฿1,389 Mil. Ocean Glass PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ฿132 Mil. Ocean Glass PCL's annualized EBITDA for the quarter that ended in Mar. 2025 was ฿127 Mil. Ocean Glass PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 was 11.99.

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

BKK:OGC-F' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.77   Med: 3.68   Max: 11.97
Current: 10.46

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ocean Glass PCL was 11.97. The lowest was -10.77. And the median was 3.68.

BKK:OGC-F's Debt-to-EBITDA is ranked worse than
92.65% of 340 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.91 vs BKK:OGC-F: 10.46

Ocean Glass PCL Debt-to-EBITDA Historical Data

The historical data trend for Ocean Glass 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.

Ocean Glass PCL Debt-to-EBITDA Chart

Ocean Glass PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.77 4.65 3.99 5.21 11.97

Ocean Glass PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 56.72 2,139.11 -15.29 2.61 11.99

Competitive Comparison of Ocean Glass PCL's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Ocean Glass 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.


Ocean Glass PCL's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ocean Glass PCL's Debt-to-EBITDA distribution charts can be found below:

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


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Ocean Glass PCL Debt-to-EBITDA Calculation

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

Ocean Glass PCL's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1261.232 + 166.173) / 119.232
=11.97

Ocean Glass PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1388.601 + 131.751) / 126.768
=11.99

* 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. 2025) EBITDA data.


Ocean Glass PCL  (BKK:OGC-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.


Ocean Glass PCL Debt-to-EBITDA Related Terms

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


Ocean Glass PCL Business Description

Traded in Other Exchanges
Address
Sukhumvit 19 Road, 75/3 and 75/88-90 Ocean Tower II, 12th and 34th floor, North Klongtoey, Wattana, Bangkok, THA, 10110
Ocean Glass PCL is a Thailand-based company that manufactures and sells table glassware. The company manufactures glassware for families, food service operators, companies, and brands who want to personalize their own glassware as gifts or souvenirs. Its offering includes all kinds of glasses such as drinking glasses, wine glasses, beer glasses, juice glasses and dining glass sets. It sells its products under the brands Ocean and Lucaris. Its market coverage includes Thailand and Overseas markets, with the majority of the revenue generated from overseas sales.

Ocean Glass PCL Headlines

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