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PT Soechi Lines Tbk (ISX:SOCI) Debt-to-EBITDA : 6.99 (As of Sep. 2024)


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What is PT Soechi Lines Tbk Debt-to-EBITDA?

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

PT Soechi Lines Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was Rp728,791 Mil. PT Soechi Lines Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was Rp2,257,765 Mil. PT Soechi Lines Tbk's annualized EBITDA for the quarter that ended in Sep. 2024 was Rp427,085 Mil. PT Soechi Lines Tbk's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 6.99.

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

ISX:SOCI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.79   Med: 7.01   Max: 10.13
Current: 6.39

During the past 11 years, the highest Debt-to-EBITDA Ratio of PT Soechi Lines Tbk was 10.13. The lowest was 3.79. And the median was 7.01.

ISX:SOCI's Debt-to-EBITDA is ranked worse than
80.52% of 852 companies
in the Transportation industry
Industry Median: 2.635 vs ISX:SOCI: 6.39

PT Soechi Lines Tbk Debt-to-EBITDA Historical Data

The historical data trend for PT Soechi Lines 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 Soechi Lines Tbk Debt-to-EBITDA Chart

PT Soechi Lines 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 9.47 5.06 10.13 9.43 7.08

PT Soechi Lines Tbk Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 10.71 9.61 6.09 4.44 6.99

Competitive Comparison of PT Soechi Lines Tbk's Debt-to-EBITDA

For the Marine Shipping subindustry, PT Soechi Lines 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 Soechi Lines Tbk's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Soechi Lines Tbk's Debt-to-EBITDA distribution charts can be found below:

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



PT Soechi Lines Tbk Debt-to-EBITDA Calculation

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

PT Soechi Lines 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
=(666186.715 + 2465525.986) / 442516.075
=7.08

PT Soechi Lines Tbk's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(728791.062 + 2257764.65) / 427084.668
=6.99

* 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 (Sep. 2024) EBITDA data.


PT Soechi Lines Tbk  (ISX:SOCI) 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 Soechi Lines Tbk Debt-to-EBITDA Related Terms

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


PT Soechi Lines Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jend Sudirman Kav. 86, Sahid Sudirman Center 51st Floor, Jakarta Pusat, Jakarta, IDN, 10220
PT Soechi Lines Tbk is an Indonesian shipping services provider. The company, through its subsidiaries, provides marine transportation services to supply chain lines of oil and gas companies. It is also engaged in other management consulting services, business and brokers consulting services. Its services flow through two segments, the Shipping business segment in which the Company charters out its various types of tanker vessels of various sizes to oil and gas companies and chemical companies operating in Indonesia, and the Shipyard business segment in which the Company provides shipbuilding services as well as ship dry docking and repair and maintenance services to various ship owners mainly in Indonesia.

PT Soechi Lines Tbk Headlines

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