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Petrovietnam Chemical And Services (HSTC:PVC) Debt-to-EBITDA : 14.50 (As of Mar. 2024)


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What is Petrovietnam Chemical And Services Debt-to-EBITDA?

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

Petrovietnam Chemical And Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫477,743 Mil. Petrovietnam Chemical And Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫0 Mil. Petrovietnam Chemical And Services's annualized EBITDA for the quarter that ended in Mar. 2024 was ₫32,941 Mil. Petrovietnam Chemical And Services's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 14.50.

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 Petrovietnam Chemical And Services's Debt-to-EBITDA or its related term are showing as below:

HSTC:PVC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.07   Med: 8.31   Max: 13.91
Current: 7.19

During the past 12 years, the highest Debt-to-EBITDA Ratio of Petrovietnam Chemical And Services was 13.91. The lowest was 1.07. And the median was 8.31.

HSTC:PVC's Debt-to-EBITDA is ranked worse than
90.14% of 720 companies
in the Oil & Gas industry
Industry Median: 1.795 vs HSTC:PVC: 7.19

Petrovietnam Chemical And Services Debt-to-EBITDA Historical Data

The historical data trend for Petrovietnam Chemical And Services'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.

Petrovietnam Chemical And Services Debt-to-EBITDA Chart

Petrovietnam Chemical And Services 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 5.37 6.11 8.44 10.01 10.14

Petrovietnam Chemical And Services 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 6.90 8.35 7.08 17.77 14.50

Competitive Comparison of Petrovietnam Chemical And Services's Debt-to-EBITDA

For the Oil & Gas Equipment & Services subindustry, Petrovietnam Chemical And Services'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.


Petrovietnam Chemical And Services's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petrovietnam Chemical And Services's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Petrovietnam Chemical And Services's Debt-to-EBITDA falls into.



Petrovietnam Chemical And Services Debt-to-EBITDA Calculation

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

Petrovietnam Chemical And Services'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
=(809914.517 + 0) / 79913.957
=10.13

Petrovietnam Chemical And Services'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
=(477742.702 + 0) / 32941.376
=14.50

* 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.


Petrovietnam Chemical And Services  (HSTC:PVC) 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.


Petrovietnam Chemical And Services Debt-to-EBITDA Related Terms

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


Petrovietnam Chemical And Services (HSTC:PVC) Business Description

Traded in Other Exchanges
N/A
Address
No. 167 Trung Kinh Street, 6th Floor, VPI Tower, Yen Hoa Commune, Cau Giay District, Hanoi, VNM
Petrovietnam Chemical And Services Corp is engaged in the exploiting, producing and trading materials and chemicals. It's products used in drilling mud and cement for oil and gas exploration drilling. The company also engaged in trading, ex-importing chemicals, equipment and materials for petroleum drilling, exploiting and processing industry and other industrial sectors.

Petrovietnam Chemical And Services (HSTC:PVC) Headlines

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