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Bangladesh Thai Aluminium (DHA:BDTHAI) Debt-to-EBITDA

: 56.79 (As of Dec. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Bangladesh Thai Aluminium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT1,024.4 Mil. Bangladesh Thai Aluminium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT742.8 Mil. Bangladesh Thai Aluminium's annualized EBITDA for the quarter that ended in Dec. 2023 was BDT31.1 Mil. Bangladesh Thai Aluminium's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 56.79.

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 Bangladesh Thai Aluminium's Debt-to-EBITDA or its related term are showing as below:

DHA:BDTHAI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.94   Med: 5.9   Max: 36.2
Current: 36.2

During the past 11 years, the highest Debt-to-EBITDA Ratio of Bangladesh Thai Aluminium was 36.20. The lowest was 3.94. And the median was 5.90.

DHA:BDTHAI's Debt-to-EBITDA is ranked worse than
97.43% of 544 companies
in the Metals & Mining industry
Industry Median: 2.065 vs DHA:BDTHAI: 36.20

Bangladesh Thai Aluminium Debt-to-EBITDA Historical Data

The historical data trend for Bangladesh Thai Aluminium'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.

Bangladesh Thai Aluminium Annual Data
Trend Dec14 Dec15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.03 8.78 4.64 11.86 22.87

Bangladesh Thai Aluminium 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 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 Premium Member Only Premium Member Only Premium Member Only 28.53 24.40 30.46 42.65 56.79

Competitive Comparison

For the Aluminum subindustry, Bangladesh Thai Aluminium'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.


Bangladesh Thai Aluminium Debt-to-EBITDA Distribution

For the Metals & Mining industry and Basic Materials sector, Bangladesh Thai Aluminium's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bangladesh Thai Aluminium's Debt-to-EBITDA falls into.



Bangladesh Thai Aluminium Debt-to-EBITDA Calculation

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

Bangladesh Thai Aluminium'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
=(942.803 + 709.905) / 72.257
=22.87

Bangladesh Thai Aluminium'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
=(1024.355 + 742.75) / 31.116
=56.79

* 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.


Bangladesh Thai Aluminium  (DHA:BDTHAI) 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.


Bangladesh Thai Aluminium Debt-to-EBITDA Related Terms

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


Bangladesh Thai Aluminium (DHA:BDTHAI) Business Description

Traded in Other Exchanges
N/A
Address
Road Number 17, 29 Kemal Ataturk Avenue, 14th Floor, BTA Tower, Banani Commercial Area, Dhaka, BGD, 1213
Bangladesh Thai Aluminium Ltd is engaged in manufacturing of aluminium products and offers related services. The company manufactures and sells anodized aluminium sections, aluminium doors, windows and hardware, glass false ceiling boards, aluminium composite panels and other products. It also provides after-sales services and consultancy services on technical and financial aspect of profile design, fabrication of items, installation arrangement, and execution of the same at the site.

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