Ba Ria Thermal Power JSC (STC:BTP) Debt-to-EBITDA : 0.61 (As of Dec. 2025) — 64% Below Median

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STC:BTP Ba Ria Thermal Power JSC STC:BTP
65 GF Score
Price ₫8,170.00
GF Value ₫7,039.33
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Ba Ria Thermal Power JSC Debt-to-EBITDA?

Ba Ria Thermal Power JSC STC:BTP 65 Debt-to-EBITDA is 0.61 as of Dec. 2025, which is 64% below its 10-year median of 1.70. GuruFocus rates STC:BTP with a GF Score™ of 65/100 and a GF Value™ of ₫7,039.33 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 448 Utilities - Regulated companies, Ba Ria Thermal Power JSC ranks better than 84.6% on this metric.

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

Ba Ria Thermal Power JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was ₫47,404 Mil. Ba Ria Thermal Power JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was ₫47,404 Mil. Ba Ria Thermal Power JSC's annualized EBITDA for the quarter that ended in Dec. 2025 was ₫155,410 Mil. Ba Ria Thermal Power JSC's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 0.61.

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 Ba Ria Thermal Power JSC's Debt-to-EBITDA or its related term are showing as below:

STC:BTP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.82   Med: 1.7   Max: 3.75
Current: 0.82

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ba Ria Thermal Power JSC was 3.75. The lowest was 0.82. And the median was 1.70.

STC:BTP's Debt-to-EBITDA is ranked better than
84.6% of 448 companies
in the Utilities - Regulated industry
Industry Median: 4.015 vs STC:BTP: 0.82

Ba Ria Thermal Power JSC  (STC:BTP) 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.


Ba Ria Thermal Power JSC Debt-to-EBITDA Related Terms


Ba Ria Thermal Power JSC Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ba Ria Thermal Power JSC'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.

Ba Ria Thermal Power JSC Debt-to-EBITDA Chart

Ba Ria Thermal Power JSC 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 1.52 1.84 1.48 1.34 0.94

Ba Ria Thermal Power JSC Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.78 1.29 1.20 1.28 0.61

STC:BTP vs NEE, SO, DUK: Debt-to-EBITDA Comparison

For the Utilities - Regulated Electric subindustry, Ba Ria Thermal Power JSC'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.


Ba Ria Thermal Power JSC Debt-to-EBITDA vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ba Ria Thermal Power JSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ba Ria Thermal Power JSC's Debt-to-EBITDA falls into.


STC:BTP
65GF Score
Ba Ria Thermal Power JSC STC:BTP
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ba Ria Thermal Power JSC Debt-to-EBITDA Calculation

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

Ba Ria Thermal Power JSC'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
=(47404.332 + 47404.332) / 100693.215
=0.94

Ba Ria Thermal Power JSC's annualized Debt-to-EBITDA for the quarter 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
=(47404.332 + 47404.332) / 155409.86
=0.61

* 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 (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.61 mean?
Ba Ria Thermal Power JSC (STC:BTP) has a Debt-to-EBITDA of 0.61 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Ba Ria Thermal Power JSC. This is 64% below median its historical median of 1.70. Over the past decade, Ba Ria Thermal Power JSC's Debt-to-EBITDA has ranged from 0.82 to 3.75. According to the industry distribution chart, Ba Ria Thermal Power JSC ranks #69 out of 448 companies in the Utilities - Regulated industry, placing it in the top 15.4%.
Is Ba Ria Thermal Power JSC's Debt-to-EBITDA too high?
Ba Ria Thermal Power JSC's current Debt-to-EBITDA of 0.61 is 64% below median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 3.75. The Utilities - Regulated industry median Debt-to-EBITDA is 4.02. Ba Ria Thermal Power JSC's value of 0.61 is 84.8% below this industry median. Based on the distribution chart, Ba Ria Thermal Power JSC ranks #69 out of 448 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Ba Ria Thermal Power JSC has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ba Ria Thermal Power JSC's Debt-to-EBITDA compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Ba Ria Thermal Power JSC ranks #69 out of 448 companies for Debt-to-EBITDA. This places Ba Ria Thermal Power JSC in the top 15% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 4.02. Ba Ria Thermal Power JSC's value of 0.61 is 84.8% below this benchmark. Historically, Ba Ria Thermal Power JSC's own Debt-to-EBITDA has ranged from 0.82 to 3.75 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 4.02, Ba Ria Thermal Power JSC 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 Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 4.02, based on 448 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. Ba Ria Thermal Power JSC's current Debt-to-EBITDA of 0.61 is 84.8% 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 Ba Ria Thermal Power JSC. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ba Ria Thermal Power JSC's current Debt-to-EBITDA is 0.61, which is 64% below median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ba Ria Thermal Power JSC stock overvalued right now?
Based on GuruFocus' analysis, Ba Ria Thermal Power JSC (STC:BTP) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫7,039.33, compared to a current price of ₫8,170.00 — trading 16.1% above its estimated fair value. The current Debt-to-EBITDA is 0.61, which is 64% below median its 10-year median of 1.70 and 84.8% below the Utilities - Regulated industry median of 4.02. Ba Ria Thermal Power JSC's overall GF Score™ is 65/100 with 4 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 Ba Ria Thermal Power JSC (STC:BTP), the current Debt-to-EBITDA is 0.61 as of Dec. 2025. 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 Ba Ria Thermal Power JSC (STC:BTP) Overvalued in 2026?

Based on GuruFocus' analysis, Ba Ria Thermal Power JSC stock appears to be overvalued. The current stock price of ₫8,170.00 is trading 16.1% above its estimated GF Value™ of ₫7,039.33. GuruFocus considers Ba Ria Thermal Power JSC to be Modestly Overvalued.

Key valuation signals for STC:BTP:

  • Debt-to-EBITDA: 0.61 (64% below median its 10-year median of 1.70)
  • GF Value™: ₫7,039.33 vs. price of ₫8,170.00 (16.1% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 84.8% below the Utilities - Regulated median (#69 of 448)

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


Ba Ria Thermal Power JSC Business Description

Address Long Huong Ward, Vung Tau Province, Ba Ria Town, VNM
Ba Ria Thermal Power JSC is a Vietnam based company engaged in producing electricity. The company produces electricity by using natural gas, oil, a mix of oil and gas, and a steam turbine. In addition, the organization is also involved in the management, operation, maintenance and repairs of electrical equipment; and installation of electrical systems.
65GF Score

Get the complete analysis for STC:BTP

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

₫8,170.00
Price
₫7,039.33
GF Value