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PT Petrindo Jaya Kreasi Tbk (ISX:CUAN) Debt-to-EBITDA : 3.27 (As of Mar. 2024)


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What is PT Petrindo Jaya Kreasi Tbk Debt-to-EBITDA?

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

PT Petrindo Jaya Kreasi Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp1,683,858 Mil. PT Petrindo Jaya Kreasi Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp6,164,717 Mil. PT Petrindo Jaya Kreasi Tbk's annualized EBITDA for the quarter that ended in Mar. 2024 was Rp2,400,085 Mil. PT Petrindo Jaya Kreasi Tbk's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.27.

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 PT Petrindo Jaya Kreasi Tbk's Debt-to-EBITDA or its related term are showing as below:

ISX:CUAN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.58   Med: 3.58   Max: 9.99
Current: 9.99

During the past 5 years, the highest Debt-to-EBITDA Ratio of PT Petrindo Jaya Kreasi Tbk was 9.99. The lowest was 3.58. And the median was 3.58.

ISX:CUAN's Debt-to-EBITDA is ranked worse than
88.18% of 533 companies
in the Metals & Mining industry
Industry Median: 2.04 vs ISX:CUAN: 9.99

PT Petrindo Jaya Kreasi Tbk Debt-to-EBITDA Historical Data

The historical data trend for PT Petrindo Jaya Kreasi Tbk'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.

PT Petrindo Jaya Kreasi Tbk Debt-to-EBITDA Chart

PT Petrindo Jaya Kreasi Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
- - - - 3.58

PT Petrindo Jaya Kreasi Tbk Quarterly Data
Dec19 Dec20 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 - - - 2.89 3.27

Competitive Comparison of PT Petrindo Jaya Kreasi Tbk's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, PT Petrindo Jaya Kreasi Tbk'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.


PT Petrindo Jaya Kreasi Tbk's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Petrindo Jaya Kreasi Tbk's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PT Petrindo Jaya Kreasi Tbk's Debt-to-EBITDA falls into.



PT Petrindo Jaya Kreasi Tbk Debt-to-EBITDA Calculation

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

PT Petrindo Jaya Kreasi Tbk'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
=(194981.478 + 930863.897) / 314208.766
=3.58

PT Petrindo Jaya Kreasi Tbk'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
=(1683858.068 + 6164716.801) / 2400085.096
=3.27

* 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 (Mar. 2024) EBITDA data.


PT Petrindo Jaya Kreasi Tbk  (ISX:CUAN) 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.


PT Petrindo Jaya Kreasi Tbk Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of PT Petrindo Jaya Kreasi Tbk's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Petrindo Jaya Kreasi Tbk (ISX:CUAN) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Let. Gen. S. Parman Kav. 62-63, Wisma Barito Pacific Tower B, 3rd Floor, Jakarta, IDN, 11410
PT Petrindo Jaya Kreasi Tbk is engaged in the mineral and energy mining business sector. It carries out coal and gold mining business activities through subsidiary entities located in Kalimantan and West Nusa Tenggara. The company has three coal mining concessions in Kalimantan and one gold mining concession in West Nusa Tenggara which are managed by subsidiaries.

PT Petrindo Jaya Kreasi Tbk (ISX:CUAN) Headlines

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