SP New Energy (PHS:SPNEC) Debt-to-EBITDA : 12.19 (As of Sep. 2024)


PHS:SPNEC SP New Energy Corp PHS:SPNEC
33 GF Score
Price ₱1.38
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What is SP New Energy Debt-to-EBITDA?

SP New Energy PHS:SPNEC -0.72% 33 Debt-to-EBITDA is 12.19 as of Sep. 2024. GuruFocus rates PHS:SPNEC with a GF Score™ of 33/100.

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

SP New Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₱361 Mil. SP New Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₱2,860 Mil. SP New Energy's annualized EBITDA for the quarter that ended in Sep. 2024 was ₱264 Mil. SP New Energy's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 12.19.

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 SP New Energy's Debt-to-EBITDA or its related term are showing as below:

PHS:SPNEC's Debt-to-EBITDA is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 4.55
* Ranked among companies with meaningful Debt-to-EBITDA only.

SP New Energy  (PHS:SPNEC) 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.


SP New Energy Debt-to-EBITDA Related Terms


SP New Energy Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for SP New Energy'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.

SP New Energy Debt-to-EBITDA Chart

SP New Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Jun22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.00 -10.54 -15.76 0.00 0.55

SP New Energy Quarterly Data
Dec17 Dec18 Dec19 Dec20 Jun21 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 4.28 0.14 2.75 2.33 12.19

PHS:SPNEC vs CEG: Debt-to-EBITDA Comparison

For the Utilities - Renewable subindustry, SP New Energy'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.


SP New Energy Debt-to-EBITDA vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SP New Energy's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where SP New Energy's Debt-to-EBITDA falls into.


PHS:SPNEC
33GF Score
SP New Energy Corp PHS:SPNEC
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SP New Energy Debt-to-EBITDA Calculation

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

SP New Energy'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
=(375.811 + 3110.805) / 6354.995
=0.55

SP New Energy'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
=(360.796 + 2859.835) / 264.16
=12.19

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 12.19 mean?
SP New Energy (PHS:SPNEC) has a Debt-to-EBITDA of 12.19 as of Sep. 2024. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on SP New Energy.
Is SP New Energy's Debt-to-EBITDA too high?
SP New Energy's current Debt-to-EBITDA is 12.19. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.55. SP New Energy's value of 12.19 is 167.9% above this industry median. Overall, SP New Energy has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does SP New Energy's Debt-to-EBITDA compare to CEG?
SP New Energy's Debt-to-EBITDA of 12.19 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Debt-to-EBITDA is 4.55. SP New Energy's value of 12.19 is 167.9% above this benchmark. 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 Utilities - Independent Power Producers company?
The median Debt-to-EBITDA among Utilities - Independent Power Producers companies is 4.55, based on 339 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. SP New Energy's current Debt-to-EBITDA of 12.19 is 167.9% above 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 SP New Energy. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SP New Energy's current Debt-to-EBITDA is 12.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP New Energy stock overvalued right now?
SP New Energy (PHS:SPNEC) has a current Debt-to-EBITDA of 12.19. The current Debt-to-EBITDA is 12.19 and 167.9% above the Utilities - Independent Power Producers industry median of 4.55. SP New Energy's overall GF Score™ is 33/100. 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 SP New Energy (PHS:SPNEC), the current Debt-to-EBITDA is 12.19 as of Sep. 2024. 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.

SP New Energy Business Description

Address Ortigas Avenue, Rockwell Business Center, Barangay Ugong, Second District, National Capital Region, Pasig, PHL, 1604
SP New Energy Corp mainly to engage in the construction, operation and maintenance of all types of renewable energy plants and related services. The Group has only one geographical segment Philippines.
33GF Score

Get the complete analysis for PHS:SPNEC

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

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