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PT Summarecon Agung Tbk (ISX:SMRA) Debt-to-EBITDA : 2.78 (As of Mar. 2024)


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What is PT Summarecon Agung Tbk Debt-to-EBITDA?

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

PT Summarecon Agung Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp4,519,663 Mil. PT Summarecon Agung Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp3,252,169 Mil. PT Summarecon Agung Tbk's annualized EBITDA for the quarter that ended in Mar. 2024 was Rp2,794,123 Mil. PT Summarecon Agung Tbk's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.78.

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 Summarecon Agung Tbk's Debt-to-EBITDA or its related term are showing as below:

ISX:SMRA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.92   Med: 4.57   Max: 7.14
Current: 3.73

During the past 13 years, the highest Debt-to-EBITDA Ratio of PT Summarecon Agung Tbk was 7.14. The lowest was 1.92. And the median was 4.57.

ISX:SMRA's Debt-to-EBITDA is ranked better than
63.79% of 1262 companies
in the Real Estate industry
Industry Median: 5.775 vs ISX:SMRA: 3.73

PT Summarecon Agung Tbk Debt-to-EBITDA Historical Data

The historical data trend for PT Summarecon Agung 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 Summarecon Agung Tbk Debt-to-EBITDA Chart

PT Summarecon Agung 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 6.01 7.14 4.44 3.59 3.90

PT Summarecon Agung 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 3.21 3.67 2.65 5.16 2.78

Competitive Comparison of PT Summarecon Agung Tbk's Debt-to-EBITDA

For the Real Estate - Development subindustry, PT Summarecon Agung 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 Summarecon Agung Tbk's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Summarecon Agung Tbk's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PT Summarecon Agung Tbk's Debt-to-EBITDA falls into.



PT Summarecon Agung Tbk Debt-to-EBITDA Calculation

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

PT Summarecon Agung 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
=(3758785.141 + 3444561.195) / 1849361.443
=3.90

PT Summarecon Agung 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
=(4519662.783 + 3252169.269) / 2794122.564
=2.78

* 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 Summarecon Agung Tbk  (ISX:SMRA) 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 Summarecon Agung Tbk Debt-to-EBITDA Related Terms

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


PT Summarecon Agung Tbk (ISX:SMRA) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Perintis Kemerdekaan No. 42, Pulo Gadung, Jakarta Timur, Jakarta, IDN, 13210
PT Summarecon Agung Tbk is a real estate developer in Indonesia that specializes in townships that include residential and commercial developments and leisure and hospitality businesses. Summarecon Agung's property development segment, which generates most of the company's revenue, develops and then sells properties such as residential houses, apartment buildings, and shopping lots. The company's investment property segment develops properties, including shopping malls, offices, apartments, and commercial spaces, that it retains and leases. The leisure and hospitality segment owns and generates revenue from hotels, golf courses, and sport and fitness clubs.

PT Summarecon Agung Tbk (ISX:SMRA) Headlines

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