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Thai Wah Starch (BKK:TWS) Debt-to-EBITDA : 0.04 (As of Jun. 2015)


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What is Thai Wah Starch Debt-to-EBITDA?

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

Thai Wah Starch's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was ฿15 Mil. Thai Wah Starch's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was ฿21 Mil. Thai Wah Starch's annualized EBITDA for the quarter that ended in Jun. 2015 was ฿865 Mil. Thai Wah Starch's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2015 was 0.04.

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 Wah Starch's Debt-to-EBITDA or its related term are showing as below:

BKK:TWS's Debt-to-EBITDA is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 2.14
* Ranked among companies with meaningful Debt-to-EBITDA only.

Thai Wah Starch Debt-to-EBITDA Historical Data

The historical data trend for Thai Wah Starch'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 Wah Starch Debt-to-EBITDA Chart

Thai Wah Starch Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.58 0.04 - 0.10 0.13

Thai Wah Starch Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 0.12 0.07 0.10 0.07 0.04

Competitive Comparison of Thai Wah Starch's Debt-to-EBITDA

For the Farm Products subindustry, Thai Wah Starch'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 Wah Starch's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Wah Starch's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Thai Wah Starch's Debt-to-EBITDA falls into.



Thai Wah Starch Debt-to-EBITDA Calculation

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

Thai Wah Starch's Debt-to-EBITDA for the fiscal year that ended in Dec. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(34.764 + 18.616) / 406.191
=0.13

Thai Wah Starch's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(15.489 + 21) / 864.728
=0.04

* 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 (Jun. 2015) EBITDA data.


Thai Wah Starch  (BKK:TWS) 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 Wah Starch Debt-to-EBITDA Related Terms

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


Thai Wah Starch (BKK:TWS) Business Description

Traded in Other Exchanges
N/A
Address
Thai Wah Starch PLC was incorporated and domiciled in Thailand on 26 February 2014. It is engaged in the manufacture and distribution of agricultural products such as tapioca starch and related products in Thailand and Vietnam. Its products include tapioca starch, alpha starch, rice and glutinous flour, glucose, candy, tapioca pearl, tapioca chips and pellets, and sorbitol, which are used for consumption and for the paper industry, weaving industry and food industry.

Thai Wah Starch (BKK:TWS) Headlines

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