AIRA Factoring PCL (BKK:AF) Debt-to-EBITDA

: -39.93 (As of Dec. 2023)

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

AIRA Factoring PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿1,854.4 Mil. AIRA Factoring PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿11.7 Mil. AIRA Factoring PCL's annualized EBITDA for the quarter that ended in Dec. 2023 was ฿-46.7 Mil. AIRA Factoring PCL's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -39.93.

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 AIRA Factoring PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:AF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 22 Med: 30.84 Max: 474.12
Current: 474.12

During the past 13 years, the highest Debt-to-EBITDA Ratio of AIRA Factoring PCL was 474.12. The lowest was 22.00. And the median was 30.84.

BKK:AF's Debt-to-EBITDA is ranked worse than
98.85% of 261 companies
in the Credit Services industry
Industry Median: 7.85 vs BKK:AF: 474.12

AIRA Factoring PCL Debt-to-EBITDA Historical Data

The historical data trend for AIRA Factoring PCL'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.

AIRA Factoring PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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26.68

31.23

30.45

37.84

474.12

AIRA Factoring PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															58.28	28.07	31.78	-31.36	-39.93

Competitive Comparison

For the Credit Services subindustry, AIRA Factoring PCL'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.

AIRA Factoring PCL Debt-to-EBITDA Distribution

For the Credit Services industry and Financial Services sector, AIRA Factoring PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where AIRA Factoring PCL's Debt-to-EBITDA falls into.

AIRA Factoring PCL Debt-to-EBITDA Calculation

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

AIRA Factoring PCL'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
	=	(1854.433	+	11.703)	/	3.936
	=	474.12

AIRA Factoring PCL's annualized Debt-to-EBITDA for the quarter 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
	=	(1854.433	+	11.703)	/	-46.732
	=	-39.93

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. 2023) EBITDA data.

AIRA Factoring PCL (BKK:AF) 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.

AIRA Factoring PCL Debt-to-EBITDA Related Terms

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

AIRA Factoring PCL (BKK:AF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » AIRA Factoring PCL (BKK:AF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Phayathai Road, No. 319 Chamchuri Square, 17th Floor, Pathumwan Disrict, Bangkok, THA, 10330

Website

https://www.airafactoring.co.th

AIRA Factoring PCL is a Thailand-based company engaged in the business of receivable factoring. It provides short-term financing services by transferring creditor's right or factoring service. In exchange for these services, the company finances the short-term cash flow. The company's clients vary from small to middle businesses that need short-term cash to fund their working capital. Its diversified portfolio of industries includes electronic equipment and parts, telecommunication, consumer products, and the health and beauty industry.

AIRA Factoring PCL (BKK:AF) Headlines

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