PetroVietnam Gas JSC (STC:GAS) Debt-to-EBITDA : 0.36 (As of Mar. 2024)

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What is PetroVietnam Gas JSC Debt-to-EBITDA?

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

PetroVietnam Gas JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫1,497,791 Mil. PetroVietnam Gas JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫4,233,471 Mil. PetroVietnam Gas JSC's annualized EBITDA for the quarter that ended in Mar. 2024 was ₫15,928,249 Mil. PetroVietnam Gas JSC's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.36.

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 PetroVietnam Gas JSC's Debt-to-EBITDA or its related term are showing as below:

STC:GAS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.16 Med: 0.34 Max: 0.59
Current: 0.34

During the past 13 years, the highest Debt-to-EBITDA Ratio of PetroVietnam Gas JSC was 0.59. The lowest was 0.16. And the median was 0.34.

STC:GAS's Debt-to-EBITDA is ranked better than
85.22% of 724 companies
in the Oil & Gas industry
Industry Median: 1.77 vs STC:GAS: 0.34

PetroVietnam Gas JSC Debt-to-EBITDA Historical Data

The historical data trend for PetroVietnam Gas 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.

* Premium members only.

PetroVietnam Gas JSC Debt-to-EBITDA Chart

PetroVietnam Gas JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.16

0.24

0.55

0.27

0.33

PetroVietnam Gas JSC 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															0.31	0.31	0.38	0.35	0.36

Competitive Comparison of PetroVietnam Gas JSC's Debt-to-EBITDA

For the Oil & Gas Integrated subindustry, PetroVietnam Gas 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.

PetroVietnam Gas JSC's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PetroVietnam Gas JSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PetroVietnam Gas JSC's Debt-to-EBITDA falls into.

PetroVietnam Gas JSC Debt-to-EBITDA Calculation

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

PetroVietnam Gas JSC'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
	=	(1604782.572	+	4270501.722)	/	18006439.496
	=	0.33

PetroVietnam Gas JSC'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
	=	(1497790.879	+	4233471.023)	/	15928248.652
	=	0.36

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.

PetroVietnam Gas JSC (STC:GAS) 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.

PetroVietnam Gas JSC Debt-to-EBITDA Related Terms

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

PetroVietnam Gas JSC (STC:GAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroVietnam Gas JSC (STC:GAS) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 673 Nguyen Huu Tho Street, 12th, 12Ath, 14th, 15th Floor, PV Gas Building, Phuoc Kien Commune, Nha Be District, Ho Chi Minh City, VNM

Website

https://www.pvgas.com.vn

PetroVietnam Gas JSC is a Vietnam-based company which is active in the oil and gas industry. The principal activities of the company are to collect, import, transport, store, process, distribute, trade gas and gas products. It is engaged in distributing, trading gas and dry gas products, LNG (liquefied natural gas), CNG (Compressed natural gas), LPG (Liquefied Petroleum Gas) and condensates for industrial and household use as well as managing, operating, maintaining and restoring all gas works. The company also provides services in the gas industry such as renovating, maintaining, and restoring engines, installing conversion equipment for means of transport and agriculture, forestry and others. It operates its business across the Vietnam.