PBATF (PT Bukit Asam (Persero) Tbk) Debt-to-EBITDA : 0.60 (As of Mar. 2026) — 300% Above Median

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PBATF PT Bukit Asam (Persero) Tbk PBATF
66 GF Score
Price $0.17
GF Value $0.20
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is PT Bukit Asam (Persero) Tbk Debt-to-EBITDA?

PT Bukit Asam (Persero) Tbk PBATF +29.67% 66 Debt-to-EBITDA is 0.60 as of Mar. 2026, which is 300% above its 10-year median of 0.15. GuruFocus rates PBATF with a GF Score™ of 66/100 and a GF Value™ of $0.20 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 93 Other Energy Sources companies, PT Bukit Asam (Persero) Tbk ranks better than 77.42% on this metric.

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

PT Bukit Asam (Persero) Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $21 Mil. PT Bukit Asam (Persero) Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $140 Mil. PT Bukit Asam (Persero) Tbk's annualized EBITDA for the quarter that ended in Mar. 2026 was $268 Mil. PT Bukit Asam (Persero) Tbk's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.60.

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 Bukit Asam (Persero) Tbk's Debt-to-EBITDA or its related term are showing as below:

PBATF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.08   Med: 0.15   Max: 0.9
Current: 0.57

During the past 13 years, the highest Debt-to-EBITDA Ratio of PT Bukit Asam (Persero) Tbk was 0.90. The lowest was 0.08. And the median was 0.15.

PBATF's Debt-to-EBITDA is ranked better than
77.42% of 93 companies
in the Other Energy Sources industry
Industry Median: 2.17 vs PBATF: 0.57

PT Bukit Asam (Persero) Tbk  (OTCPK:PBATF) 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 Bukit Asam (Persero) Tbk Debt-to-EBITDA Related Terms


PT Bukit Asam (Persero) Tbk Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for PT Bukit Asam (Persero) 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.

PT Bukit Asam (Persero) Tbk Debt-to-EBITDA Chart

PT Bukit Asam (Persero) Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.08 0.15 0.33 0.90

PT Bukit Asam (Persero) Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.79 0.45 1.14 0.46 0.60

PT Bukit Asam (Persero) Tbk Debt-to-EBITDA Competitor Comparison

For the Thermal Coal subindustry, PT Bukit Asam (Persero) 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 Bukit Asam (Persero) Tbk Debt-to-EBITDA vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Bukit Asam (Persero) Tbk's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PT Bukit Asam (Persero) Tbk's Debt-to-EBITDA falls into.


PBATF
66GF Score
PT Bukit Asam (Persero) Tbk PBATF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bukit Asam (Persero) Tbk Debt-to-EBITDA Calculation

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

PT Bukit Asam (Persero) Tbk's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(139.132 + 91.739) / 257.135
=0.90

PT Bukit Asam (Persero) Tbk's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(20.654 + 139.991) / 268.096
=0.60

* 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. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.60 mean?
PT Bukit Asam (Persero) Tbk (PBATF) has a Debt-to-EBITDA of 0.60 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on PT Bukit Asam (Persero) Tbk. This is 300% above median its historical median of 0.15. Over the past decade, PT Bukit Asam (Persero) Tbk's Debt-to-EBITDA has ranged from 0.08 to 0.90. According to the industry distribution chart, PT Bukit Asam (Persero) Tbk ranks #21 out of 93 companies in the Other Energy Sources industry, placing it in the top 22.6%.
Is PT Bukit Asam (Persero) Tbk's Debt-to-EBITDA too high?
PT Bukit Asam (Persero) Tbk's current Debt-to-EBITDA of 0.60 is 300% above median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.90. The Other Energy Sources industry median Debt-to-EBITDA is 2.17. PT Bukit Asam (Persero) Tbk's value of 0.60 is 72.4% below this industry median. Based on the distribution chart, PT Bukit Asam (Persero) Tbk ranks #21 out of 93 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, PT Bukit Asam (Persero) Tbk has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Bukit Asam (Persero) Tbk's Debt-to-EBITDA compare to competitors?
According to the Other Energy Sources industry distribution chart, PT Bukit Asam (Persero) Tbk ranks #21 out of 93 companies for Debt-to-EBITDA. This places PT Bukit Asam (Persero) Tbk in the top 23% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.17. PT Bukit Asam (Persero) Tbk's value of 0.60 is 72.4% below this benchmark. Historically, PT Bukit Asam (Persero) Tbk's own Debt-to-EBITDA has ranged from 0.08 to 0.90 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 2.17, PT Bukit Asam (Persero) Tbk has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Other Energy Sources company?
The median Debt-to-EBITDA among Other Energy Sources companies is 2.17, based on 93 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Bukit Asam (Persero) Tbk's current Debt-to-EBITDA of 0.60 is 72.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on PT Bukit Asam (Persero) Tbk. For the Other Energy Sources industry, the median Debt-to-EBITDA is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Bukit Asam (Persero) Tbk's current Debt-to-EBITDA is 0.60, which is 300% above median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bukit Asam (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bukit Asam (Persero) Tbk (PBATF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.20, compared to a current price of $0.17 — trading 15% below its estimated fair value. The current Debt-to-EBITDA is 0.60, which is 300% above median its 10-year median of 0.15 and 72.4% below the Other Energy Sources industry median of 2.17. PT Bukit Asam (Persero) Tbk's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For PT Bukit Asam (Persero) Tbk (PBATF), the current Debt-to-EBITDA is 0.60 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT Bukit Asam (Persero) Tbk (PBATF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bukit Asam (Persero) Tbk stock appears to be undervalued. The current stock price of $0.17 is trading 15% below its estimated GF Value™ of $0.20. GuruFocus considers PT Bukit Asam (Persero) Tbk to be Significantly Overvalued.

Key valuation signals for PBATF:

  • Debt-to-EBITDA: 0.60 (300% above median its 10-year median of 0.15)
  • GF Value™: $0.20 vs. price of $0.17 (15% below fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 72.4% below the Other Energy Sources median (#21 of 93)

No single metric tells the full story. See the PBATF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Bukit Asam (Persero) Tbk Business Description

Address Jalan Parigi No. 1, Tanjung Enim, Muara Enim, South Sumatra, 5d356, Palembang, IDN, 31716
PT Bukit Asam (Persero) Tbk operates in Indonesia's energy sector, managing coal reserves and producing coal for domestic and export markets. The operations of the company include logistics and infrastructure for coal distribution via dedicated routes and railways, downstream processing of coal for power generation and derivative products, and development of renewable energy projects, including solar power (PV) and biomass.
66GF Score

Get the complete analysis for PBATF

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.17
Price
$0.20
GF Value