Patrangsit Healthcare Group PCL (BKK:PHG) Debt-to-EBITDA : 0.07 (As of Mar. 2024)

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What is Patrangsit Healthcare Group PCL Debt-to-EBITDA?

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

Patrangsit Healthcare Group PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿24 Mil. Patrangsit Healthcare Group PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿6 Mil. Patrangsit Healthcare Group PCL's annualized EBITDA for the quarter that ended in Mar. 2024 was ฿428 Mil. Patrangsit Healthcare Group PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.07.

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 Patrangsit Healthcare Group PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:PHG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.08 Med: 0.74 Max: 0.81
Current: 0.08

During the past 3 years, the highest Debt-to-EBITDA Ratio of Patrangsit Healthcare Group PCL was 0.81. The lowest was 0.08. And the median was 0.74.

BKK:PHG's Debt-to-EBITDA is ranked better than
93.91% of 427 companies
in the Healthcare Providers & Services industry
Industry Median: 2.56 vs BKK:PHG: 0.08

Patrangsit Healthcare Group PCL Debt-to-EBITDA Historical Data

The historical data trend for Patrangsit Healthcare Group 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.

Patrangsit Healthcare Group PCL Debt-to-EBITDA Chart

Patrangsit Healthcare Group PCL Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

0.81

0.74

0.13

Patrangsit Healthcare Group PCL Quarterly Data
	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial			1.67	1.04	0.25	0.09	0.07

Competitive Comparison of Patrangsit Healthcare Group PCL's Debt-to-EBITDA

For the Medical Care Facilities subindustry, Patrangsit Healthcare Group 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.

Patrangsit Healthcare Group PCL's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Patrangsit Healthcare Group PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Patrangsit Healthcare Group PCL's Debt-to-EBITDA falls into.

Patrangsit Healthcare Group PCL Debt-to-EBITDA Calculation

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

Patrangsit Healthcare Group 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
	=	(45.153	+	6.959)	/	417.1
	=	0.12

Patrangsit Healthcare Group 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
	=	(23.905	+	5.503)	/	427.952
	=	0.07

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.

Patrangsit Healthcare Group PCL (BKK:PHG) 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.

Patrangsit Healthcare Group PCL Debt-to-EBITDA Related Terms

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

Patrangsit Healthcare Group PCL (BKK:PHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Patrangsit Healthcare Group PCL (BKK:PHG) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Phaholyothin Road, 733/345 and 733/346 Moo 8, Khu Khot, Lam Luk Ka, Pathum Thani, Bangkok, THA, 12130

Website

https://www.patrangsit.com

Patrangsit Healthcare Group PCL is engaged in the hospital business. It is a medical provider with a team of skilled medical professionals. The company expanded the hospital and area By establishing more hospitals in the network, totaling 3 hospitals, consisting of Phaet Rangsit Hospital, Phaet Rangsit 2 Hospital, and Rangsit Maternal and Child Specialist Hospital To be able to cover a variety of specialized medical services.