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Vietnam Electric Cable (STC:CAV) Debt-to-EBITDA : 3.42 (As of Mar. 2024)


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What is Vietnam Electric Cable Debt-to-EBITDA?

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

Vietnam Electric Cable's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫1,942,455 Mil. Vietnam Electric Cable's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫155,699 Mil. Vietnam Electric Cable's annualized EBITDA for the quarter that ended in Mar. 2024 was ₫614,418 Mil. Vietnam Electric Cable's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.41.

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 Vietnam Electric Cable's Debt-to-EBITDA or its related term are showing as below:

STC:CAV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.31   Med: 1.85   Max: 4.04
Current: 2.88

During the past 13 years, the highest Debt-to-EBITDA Ratio of Vietnam Electric Cable was 4.04. The lowest was 1.31. And the median was 1.85.

STC:CAV's Debt-to-EBITDA is ranked worse than
65.63% of 2290 companies
in the Industrial Products industry
Industry Median: 1.72 vs STC:CAV: 2.88

Vietnam Electric Cable Debt-to-EBITDA Historical Data

The historical data trend for Vietnam Electric Cable'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.

Vietnam Electric Cable Debt-to-EBITDA Chart

Vietnam Electric Cable 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 1.96 2.24 4.04 2.48 2.09

Vietnam Electric Cable 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 2.81 1.23 1.89 3.97 3.42

Competitive Comparison of Vietnam Electric Cable's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Vietnam Electric Cable'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.


Vietnam Electric Cable's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vietnam Electric Cable's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Vietnam Electric Cable's Debt-to-EBITDA falls into.



Vietnam Electric Cable Debt-to-EBITDA Calculation

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

Vietnam Electric Cable'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
=(1503105.554 + 172144.959) / 801315.497
=2.09

Vietnam Electric Cable'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
=(1942454.912 + 155698.779) / 614418.248
=3.41

* 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.


Vietnam Electric Cable  (STC:CAV) 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.


Vietnam Electric Cable Debt-to-EBITDA Related Terms

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


Vietnam Electric Cable (STC:CAV) Business Description

Traded in Other Exchanges
N/A
Address
70-72 Nam Ky Khoi Nghia Street, District 1, Ho Chi Minh City, VNM
Vietnam Electric Cable Corp is a Vietnam based company engaged in the manufacturing of electric wires and cables. The company's products include building wires, low voltage power cables, medium voltage cables, control cables, bare conductors, service entrance cables, multiplex cables, coaxial cables, automotive cables, hybrid cables and others.

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