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Aftab Automobiles (DHA:AFTABAUTO) Debt-to-EBITDA : 81.72 (As of Dec. 2023)


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What is Aftab Automobiles Debt-to-EBITDA?

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

Aftab Automobiles's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT9,221.0 Mil. Aftab Automobiles's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT9,143.2 Mil. Aftab Automobiles's annualized EBITDA for the quarter that ended in Dec. 2023 was BDT224.7 Mil. Aftab Automobiles's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 81.72.

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 Aftab Automobiles's Debt-to-EBITDA or its related term are showing as below:

DHA:AFTABAUTO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.17   Med: 11.47   Max: 80.77
Current: 80.77

During the past 13 years, the highest Debt-to-EBITDA Ratio of Aftab Automobiles was 80.77. The lowest was 3.17. And the median was 11.47.

DHA:AFTABAUTO's Debt-to-EBITDA is ranked worse than
99.32% of 1037 companies
in the Vehicles & Parts industry
Industry Median: 2.36 vs DHA:AFTABAUTO: 80.77

Aftab Automobiles Debt-to-EBITDA Historical Data

The historical data trend for Aftab Automobiles'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.

Aftab Automobiles Debt-to-EBITDA Chart

Aftab Automobiles Annual Data
Trend Aug13 Aug14 Aug15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.76 24.52 51.24 80.30 66.52

Aftab Automobiles 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 97.07 68.85 59.60 144.51 81.72

Competitive Comparison of Aftab Automobiles's Debt-to-EBITDA

For the Auto Manufacturers subindustry, Aftab Automobiles'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.


Aftab Automobiles's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aftab Automobiles's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Aftab Automobiles's Debt-to-EBITDA falls into.



Aftab Automobiles Debt-to-EBITDA Calculation

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

Aftab Automobiles's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8927.27 + 8980.977) / 269.221
=66.52

Aftab Automobiles'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
=(9220.994 + 9143.153) / 224.716
=81.72

* 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.


Aftab Automobiles  (DHA:AFTABAUTO) 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.


Aftab Automobiles Debt-to-EBITDA Related Terms

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


Aftab Automobiles (DHA:AFTABAUTO) Business Description

Traded in Other Exchanges
N/A
Address
205-207, Tejgaon I/A, Dhaka, BGD
Aftab Automobiles Ltd is an assembler-cum-manufacturer of Toyota and Hino vehicles. The company is mainly a vehicle assembler and bus-body fabricator. The principal activities of the company were assembling Toyota Land Cruiser soft top/pick up, Land Cruiser Prado, Hino Bus, and Hino Mini Bus/Truck with a yearly production capacity of two thousand four hundred units of vehicles in three shifts. The company produces and markets batteries through its subsidiary. The company operates in three reportable segments assembling unit, motorcycle unit, and body unit. the company operates its's business in Bangladesh.

Aftab Automobiles (DHA:AFTABAUTO) Headlines

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