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Plascar Participacoes Industriais (BSP:PLAS3) Debt-to-EBITDA : 41.05 (As of Mar. 2024)


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What is Plascar Participacoes Industriais Debt-to-EBITDA?

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

Plascar Participacoes Industriais's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$193.0 Mil. Plascar Participacoes Industriais's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$122.8 Mil. Plascar Participacoes Industriais's annualized EBITDA for the quarter that ended in Mar. 2024 was R$7.7 Mil. Plascar Participacoes Industriais's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 41.05.

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 Plascar Participacoes Industriais's Debt-to-EBITDA or its related term are showing as below:

BSP:PLAS3' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -18.65   Med: -3.61   Max: 14.52
Current: 3.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of Plascar Participacoes Industriais was 14.52. The lowest was -18.65. And the median was -3.61.

BSP:PLAS3's Debt-to-EBITDA is ranked worse than
60.06% of 1054 companies
in the Vehicles & Parts industry
Industry Median: 2.355 vs BSP:PLAS3: 3.01

Plascar Participacoes Industriais Debt-to-EBITDA Historical Data

The historical data trend for Plascar Participacoes Industriais'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.

Plascar Participacoes Industriais Debt-to-EBITDA Chart

Plascar Participacoes Industriais 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 1.57 -6.14 -18.65 14.52 3.11

Plascar Participacoes Industriais Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -9.55 0.76 10.03 -81.08 41.05

Competitive Comparison of Plascar Participacoes Industriais's Debt-to-EBITDA

For the Auto Parts subindustry, Plascar Participacoes Industriais'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.


Plascar Participacoes Industriais's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Plascar Participacoes Industriais's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Plascar Participacoes Industriais's Debt-to-EBITDA falls into.



Plascar Participacoes Industriais Debt-to-EBITDA Calculation

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

Plascar Participacoes Industriais'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
=(155.135 + 139.985) / 95.043
=3.11

Plascar Participacoes Industriais'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
=(192.954 + 122.803) / 7.692
=41.05

* 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. 2024) EBITDA data.


Plascar Participacoes Industriais  (BSP:PLAS3) 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.


Plascar Participacoes Industriais Debt-to-EBITDA Related Terms

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


Plascar Participacoes Industriais (BSP:PLAS3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Wilhelm Winter, 300 Distrito Industrial, Jundiai, SP, BRA, CEP 13213-000
Plascar Participacoes Industriais SA is engaged in manufacturing and distributing auto parts. The company with its subsidiaries is involved in the manufacturing and sales of pieces and parts related to internal and external finishing of automotive vehicles. In addition, the company is also involved in the manufacturing of non-automotive products, such as supermarket trolleys, multipurpose boxes, ecological pallets, and furniture. The company product portfolio includes products like includes bumpers, instrument panels, air diffusers, cup holders, side doors, door pockets, and carpets.

Plascar Participacoes Industriais (BSP:PLAS3) Headlines

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