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Thai Cane Paper Public Company Limited (BKK:TCP) Debt-to-EBITDA : 0.27 (As of Sep. 2013)


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What is Thai Cane Paper Public Company Limited Debt-to-EBITDA?

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

Thai Cane Paper Public Company Limited's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was ฿215 Mil. Thai Cane Paper Public Company Limited's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was ฿0 Mil. Thai Cane Paper Public Company Limited's annualized EBITDA for the quarter that ended in Sep. 2013 was ฿795 Mil. Thai Cane Paper Public Company Limited's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2013 was 0.27.

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 Thai Cane Paper Public Company Limited's Debt-to-EBITDA or its related term are showing as below:

BKK:TCP's Debt-to-EBITDA is not ranked *
in the Forest Products industry.
Industry Median: 3.38
* Ranked among companies with meaningful Debt-to-EBITDA only.

Thai Cane Paper Public Company Limited Debt-to-EBITDA Historical Data

The historical data trend for Thai Cane Paper Public Company Limited'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.

Thai Cane Paper Public Company Limited Debt-to-EBITDA Chart

Thai Cane Paper Public Company Limited Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.65 0.84 0.42 0.80 0.38

Thai Cane Paper Public Company Limited Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 - 0.35 0.24 0.40 0.27

Competitive Comparison of Thai Cane Paper Public Company Limited's Debt-to-EBITDA

For the Paper & Paper Products subindustry, Thai Cane Paper Public Company Limited'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.


Thai Cane Paper Public Company Limited's Debt-to-EBITDA Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Thai Cane Paper Public Company Limited's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Thai Cane Paper Public Company Limited's Debt-to-EBITDA falls into.



Thai Cane Paper Public Company Limited Debt-to-EBITDA Calculation

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

Thai Cane Paper Public Company Limited's Debt-to-EBITDA for the fiscal year that ended in Dec. 2012 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(208.557 + 161.72) / 983.758
=0.38

Thai Cane Paper Public Company Limited's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(214.61 + 0) / 794.612
=0.27

* 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. 2013) EBITDA data.


Thai Cane Paper Public Company Limited  (BKK:TCP) 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.


Thai Cane Paper Public Company Limited Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Thai Cane Paper Public Company Limited's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Thai Cane Paper Public Company Limited (BKK:TCP) Business Description

Traded in Other Exchanges
N/A
Address
Thai Cane Paper Public Company Limited manufactures and sells kraft paper used in the manufacture of packaging, such as corrugated box, paper cement bags, envelopes and core paper in Thailand. The Company's products are categorized into two groups i.e. kraft liner board which is used in making packaging surfaces and kraft paper which is used for making corrugated medium. The Company offers numerous grade of products to meet the diverse market demand.

Thai Cane Paper Public Company Limited (BKK:TCP) Headlines