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Power Grid Company of Bangladesh (DHA:POWERGRID) Debt-to-EBITDA

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

Power Grid Company of Bangladesh's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT2,091 Mil. Power Grid Company of Bangladesh's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT434,274 Mil. Power Grid Company of Bangladesh's annualized EBITDA for the quarter that ended in Dec. 2023 was BDT20,681 Mil. Power Grid Company of Bangladesh's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 21.10.

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 Power Grid Company of Bangladesh's Debt-to-EBITDA or its related term are showing as below:

DHA:POWERGRID' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 16.99   Med: 21.87   Max: 55.8
Current: 36.95

During the past 11 years, the highest Debt-to-EBITDA Ratio of Power Grid Company of Bangladesh was 55.80. The lowest was 16.99. And the median was 21.87.

DHA:POWERGRID's Debt-to-EBITDA is ranked worse than
98.47% of 459 companies
in the Utilities - Regulated industry
Industry Median: 3.5 vs DHA:POWERGRID: 36.95

Power Grid Company of Bangladesh Debt-to-EBITDA Historical Data

The historical data trend for Power Grid Company of Bangladesh'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.

Power Grid Company of Bangladesh Annual Data
Trend Jun14 Jun15 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 21.87 21.49 17.11 24.25 55.80

Power Grid Company of Bangladesh 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 -72.65 41.07 62.35 38.19 21.10

Competitive Comparison

For the Utilities - Regulated Electric subindustry, Power Grid Company of Bangladesh'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.


Power Grid Company of Bangladesh Debt-to-EBITDA Distribution

For the Utilities - Regulated industry and Utilities sector, Power Grid Company of Bangladesh's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Power Grid Company of Bangladesh's Debt-to-EBITDA falls into.



Power Grid Company of Bangladesh Debt-to-EBITDA Calculation

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

Power Grid Company of Bangladesh'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
=(4552.418 + 401674.255) / 7280.465
=55.80

Power Grid Company of Bangladesh'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
=(2090.867 + 434274.059) / 20681.344
=21.10

* 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.


Power Grid Company of Bangladesh  (DHA:POWERGRID) 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.


Power Grid Company of Bangladesh Debt-to-EBITDA Related Terms

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Power Grid Company of Bangladesh (DHA:POWERGRID) Business Description

Traded in Other Exchanges
N/A
Address
PGCB Bhaban, Avenue-03, Jahurul Islam City, Aftabnagar, Badda, Dhaka, BGD, 1212
Power Grid Company of Bangladesh Ltd is involved in planning, promoting, developing, operating, and maintaining an integrated and efficient power transmission system/network throughout Bangladesh. It also provides transmission lines, sub-stations, load dispatch centers, communication facilities, and others.

Power Grid Company of Bangladesh (DHA:POWERGRID) Headlines

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