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Manila Broadcasting Co (PHS:MBC) Debt-to-EBITDA : 3.18 (As of Mar. 2024)


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What is Manila Broadcasting Co Debt-to-EBITDA?

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

Manila Broadcasting Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱324 Mil. Manila Broadcasting Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱203 Mil. Manila Broadcasting Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ₱166 Mil. Manila Broadcasting Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.18.

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 Manila Broadcasting Co's Debt-to-EBITDA or its related term are showing as below:

PHS:MBC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.05   Med: 2.12   Max: 2.82
Current: 2.82

During the past 13 years, the highest Debt-to-EBITDA Ratio of Manila Broadcasting Co was 2.82. The lowest was 1.05. And the median was 2.12.

PHS:MBC's Debt-to-EBITDA is ranked worse than
64.17% of 667 companies
in the Media - Diversified industry
Industry Median: 1.69 vs PHS:MBC: 2.82

Manila Broadcasting Co Debt-to-EBITDA Historical Data

The historical data trend for Manila Broadcasting Co'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.

Manila Broadcasting Co Debt-to-EBITDA Chart

Manila Broadcasting Co 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 2.12 2.26 2.06 1.76 2.36

Manila Broadcasting Co 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 2.28 2.62 4.10 1.29 3.18

Competitive Comparison of Manila Broadcasting Co's Debt-to-EBITDA

For the Broadcasting subindustry, Manila Broadcasting Co'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.


Manila Broadcasting Co's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Manila Broadcasting Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Manila Broadcasting Co's Debt-to-EBITDA falls into.



Manila Broadcasting Co Debt-to-EBITDA Calculation

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

Manila Broadcasting Co'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
=(328.021 + 85.383) / 175.013
=2.36

Manila Broadcasting Co'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
=(324.318 + 202.899) / 165.672
=3.18

* 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.


Manila Broadcasting Co  (PHS:MBC) 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.


Manila Broadcasting Co Debt-to-EBITDA Related Terms

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


Manila Broadcasting Co (PHS:MBC) Business Description

Traded in Other Exchanges
N/A
Address
MBC Building, V. Sotto Street, Roxas Boulevard, CCP Complex, Metro Manila, Pasay City, PHL, 1307
Manila Broadcasting Co owns and operates radio stations. It is principally engaged in the radio broadcasting business which includes various programming formats, such as DZRH and Aksyon Radyo, Love Radio, Yes-FM, Hot-FM, Easy Rock, and Radyo Natin. The company also broadcasts and organizes events, and produces and sponsors concerts. The activity of the group is operated through cities or towns of the Philippines. The revenue sources of the company are derived from the provision of services like broadcasting, hosting and customer event, and digital services.