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Asian Sea PCL (BKK:ASIAN) Debt-to-EBITDA : 0.32 (As of Dec. 2023)


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What is Asian Sea PCL Debt-to-EBITDA?

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

Asian Sea PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿215 Mil. Asian Sea PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿136 Mil. Asian Sea PCL's annualized EBITDA for the quarter that ended in Dec. 2023 was ฿1,110 Mil. Asian Sea PCL's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.32.

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

BKK:ASIAN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.41   Med: 4.53   Max: 12.87
Current: 0.41

During the past 13 years, the highest Debt-to-EBITDA Ratio of Asian Sea PCL was 12.87. The lowest was 0.41. And the median was 4.53.

BKK:ASIAN's Debt-to-EBITDA is ranked better than
81.38% of 1423 companies
in the Consumer Packaged Goods industry
Industry Median: 2.13 vs BKK:ASIAN: 0.41

Asian Sea PCL Debt-to-EBITDA Historical Data

The historical data trend for Asian Sea 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.

Asian Sea PCL Debt-to-EBITDA Chart

Asian Sea PCL 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 4.90 1.57 1.51 0.56 0.41

Asian Sea 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 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 0.54 0.83 1.48 0.59 0.32

Competitive Comparison of Asian Sea PCL's Debt-to-EBITDA

For the Packaged Foods subindustry, Asian Sea 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.


Asian Sea PCL's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Asian Sea PCL's Debt-to-EBITDA distribution charts can be found below:

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



Asian Sea PCL Debt-to-EBITDA Calculation

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

Asian Sea 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
=(214.556 + 136.377) / 857.444
=0.41

Asian Sea 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
=(214.556 + 136.377) / 1110.312
=0.32

* 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. 2023) EBITDA data.


Asian Sea PCL  (BKK:ASIAN) 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.


Asian Sea PCL Debt-to-EBITDA Related Terms

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


Asian Sea PCL (BKK:ASIAN) Business Description

Traded in Other Exchanges
N/A
Address
55/2 Moo 2 Rama 2 Road, Bangkrajao, Muang, Samutsakhon, THA, 74000
Asian Sea Corp PCL is principally engaged in the production of processed frozen seafood and the provision of cold storage services. The company operates in various segments that include Frozen and packaged food products, Feedstuff, and Other business in cold storage services. The Feedstuff segment earns the maximum revenue for the company. Its product line consists of raw shrimps, cooked shrimps, squids, cuttlefish, octopuses, tuna, and pre-fried, deep-fried, and grilled seafood. It distributes products under the brand names TCC, ASS, Sakura, and Asian Seafood among others. Geographically, it derives a majority of its revenue from the United States of America.

Asian Sea PCL (BKK:ASIAN) Headlines

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