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PTlim Ivomas Pratama Tbk (ISX:SIMP) Debt-to-EBITDA : 2.84 (As of Mar. 2024)


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What is PTlim Ivomas Pratama Tbk Debt-to-EBITDA?

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

PTlim Ivomas Pratama Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp7,289,268 Mil. PTlim Ivomas Pratama Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp667,013 Mil. PTlim Ivomas Pratama Tbk's annualized EBITDA for the quarter that ended in Mar. 2024 was Rp2,805,116 Mil. PTlim Ivomas Pratama Tbk's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.84.

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 PTlim Ivomas Pratama Tbk's Debt-to-EBITDA or its related term are showing as below:

ISX:SIMP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.83   Med: 5.22   Max: 14.27
Current: 3.3

During the past 13 years, the highest Debt-to-EBITDA Ratio of PTlim Ivomas Pratama Tbk was 14.27. The lowest was 2.83. And the median was 5.22.

ISX:SIMP's Debt-to-EBITDA is ranked worse than
62.75% of 1431 companies
in the Consumer Packaged Goods industry
Industry Median: 2.12 vs ISX:SIMP: 3.30

PTlim Ivomas Pratama Tbk Debt-to-EBITDA Historical Data

The historical data trend for PTlim Ivomas Pratama 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.

PTlim Ivomas Pratama Tbk Debt-to-EBITDA Chart

PTlim Ivomas Pratama Tbk 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 14.27 5.64 3.21 2.83 3.67

PTlim Ivomas Pratama Tbk 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 4.82 10.57 2.86 2.57 2.84

Competitive Comparison of PTlim Ivomas Pratama Tbk's Debt-to-EBITDA

For the Packaged Foods subindustry, PTlim Ivomas Pratama 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.


PTlim Ivomas Pratama Tbk's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PTlim Ivomas Pratama Tbk's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PTlim Ivomas Pratama Tbk's Debt-to-EBITDA falls into.



PTlim Ivomas Pratama Tbk Debt-to-EBITDA Calculation

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

PTlim Ivomas Pratama 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
=(6984300 + 942287) / 2157928
=3.67

PTlim Ivomas Pratama 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
=(7289268 + 667013) / 2805116
=2.84

* 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.


PTlim Ivomas Pratama Tbk  (ISX:SIMP) 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.


PTlim Ivomas Pratama Tbk Debt-to-EBITDA Related Terms

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


PTlim Ivomas Pratama Tbk (ISX:SIMP) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jenderal Sudirman Kav. 76-78, Sudirman Plaza, Indofood Tower, 11th Floor, Jakarta, IDN, 12910
PT Salim Ivomas Pratama Tbk is an agribusiness in Southeast Asia that focuses on cultivating and processing palm oil. It invests in oil palm seed breeding and the development of oil palm seedlings to raise various plantations. The company owns several mills to produce crude palm oil and other derivative products such as palm kernel. Products are transported to subsidiaries to manufacture and package edible oils and fats. Additionally, its plantations produce sugar, rubber, and other plant products for sale and distribution. Packaged goods are sold through national, regional, and local distributors, as well as through a direct sales method under the company's own brands. It operates in two segments: Plantations and Edible Oil and Fats.

PTlim Ivomas Pratama Tbk (ISX:SIMP) Headlines

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