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T.C.J. Asia PCL (BKK:TCJ) Debt-to-EBITDA : 2.64 (As of Sep. 2024)


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What is T.C.J. Asia PCL Debt-to-EBITDA?

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

T.C.J. Asia PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ฿302 Mil. T.C.J. Asia PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ฿196 Mil. T.C.J. Asia PCL's annualized EBITDA for the quarter that ended in Sep. 2024 was ฿188 Mil. T.C.J. Asia PCL's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 2.64.

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 T.C.J. Asia PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:TCJ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.66   Med: 3.96   Max: 5.91
Current: 3.09

During the past 13 years, the highest Debt-to-EBITDA Ratio of T.C.J. Asia PCL was 5.91. The lowest was 2.66. And the median was 3.96.

BKK:TCJ's Debt-to-EBITDA is ranked worse than
67.27% of 165 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.8 vs BKK:TCJ: 3.09

T.C.J. Asia PCL Debt-to-EBITDA Historical Data

The historical data trend for T.C.J. Asia 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.

T.C.J. Asia PCL Debt-to-EBITDA Chart

T.C.J. Asia 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 5.91 3.30 3.54 2.66 4.23

T.C.J. Asia PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.93 2.89 1.81 5.03 2.64

Competitive Comparison of T.C.J. Asia PCL's Debt-to-EBITDA

For the Farm & Heavy Construction Machinery subindustry, T.C.J. Asia 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.


T.C.J. Asia PCL's Debt-to-EBITDA Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, T.C.J. Asia PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where T.C.J. Asia PCL's Debt-to-EBITDA falls into.



T.C.J. Asia PCL Debt-to-EBITDA Calculation

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

T.C.J. Asia 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
=(368.759 + 172.667) / 127.938
=4.23

T.C.J. Asia PCL's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(301.812 + 195.548) / 188.216
=2.64

* 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 (Sep. 2024) EBITDA data.


T.C.J. Asia PCL  (BKK:TCJ) 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.


T.C.J. Asia PCL Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of T.C.J. Asia PCL's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


T.C.J. Asia PCL Business Description

Traded in Other Exchanges
Address
3/4 Moo 9, Bangna-Trad Road (KM.18), Bang Chalong Subdistrict, Bang Plee District, Samutprakarn, THA, 10540
T.C.J. Asia PCL is engaged in the import business and distribution of machinery and lifting equipment for construction work, and loading and unloading services like tractors, wheel loaders, excavator and cranes and stainless-steel plate and construction contractor. The business segments of the company are Sales of cranes, road rollers and tractors and equipment, road rollers and tractors, and equipment, Rental and repair services of crane and trucks, Manufacturing and distribution of stainless steel pipes, Trading of stainless steel, Installation work, and Others. The group generates the majority of the revenue from the Manufacturing and distribution of stainless steel pipes segment and mainly operates in Thailand.

T.C.J. Asia PCL Headlines

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