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Jardine Cycle & Carriage (Jardine Cycle & Carriage) Debt-to-EBITDA : 1.58 (As of Dec. 2023)


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What is Jardine Cycle & Carriage Debt-to-EBITDA?

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

Jardine Cycle & Carriage's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,488 Mil. Jardine Cycle & Carriage's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,078 Mil. Jardine Cycle & Carriage's annualized EBITDA for the quarter that ended in Dec. 2023 was $4,799 Mil. Jardine Cycle & Carriage's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.58.

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 Jardine Cycle & Carriage's Debt-to-EBITDA or its related term are showing as below:

JCYGY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.4   Med: 2.13   Max: 2.62
Current: 1.5

During the past 13 years, the highest Debt-to-EBITDA Ratio of Jardine Cycle & Carriage was 2.62. The lowest was 1.40. And the median was 2.13.

JCYGY's Debt-to-EBITDA is ranked better than
70.52% of 407 companies
in the Conglomerates industry
Industry Median: 3.29 vs JCYGY: 1.50

Jardine Cycle & Carriage Debt-to-EBITDA Historical Data

The historical data trend for Jardine Cycle & Carriage'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.

Jardine Cycle & Carriage Debt-to-EBITDA Chart

Jardine Cycle & Carriage 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 2.15 2.62 1.94 1.40 1.51

Jardine Cycle & Carriage Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.73 1.31 1.56 1.24 1.58

Competitive Comparison of Jardine Cycle & Carriage's Debt-to-EBITDA

For the Conglomerates subindustry, Jardine Cycle & Carriage'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.


Jardine Cycle & Carriage's Debt-to-EBITDA Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jardine Cycle & Carriage's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Jardine Cycle & Carriage's Debt-to-EBITDA falls into.



Jardine Cycle & Carriage Debt-to-EBITDA Calculation

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

Jardine Cycle & Carriage'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
=(3487.7 + 4078) / 5007.8
=1.51

Jardine Cycle & Carriage'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
=(3487.7 + 4078) / 4799.4
=1.58

* 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 two times the quarterly (Dec. 2023) EBITDA data.


Jardine Cycle & Carriage  (OTCPK:JCYGY) 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.


Jardine Cycle & Carriage Debt-to-EBITDA Related Terms

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


Jardine Cycle & Carriage (Jardine Cycle & Carriage) Business Description

Traded in Other Exchanges
Address
239 Alexandra Road, Singapore, SGP, 159930
Jardine Cycle & Carriage Ltd is a conglomerate focused on investments in the manufacture and distribution of motor vehicles in Southeast Asia. The company operates through three segments: Astra, direct motor interests, and other interests. The Astra segment includes the company's controlling interest in Astra International, an automotive group in Southeast Asia. Direct motor interests include automotive operations in Singapore, Malaysia, Myanmar, Indonesia, and Vietnam. The Other Strategic interests segment includes Southeast Asia investments in Siam City Cement and Refrigeration Electrical Engineering Corporation.

Jardine Cycle & Carriage (Jardine Cycle & Carriage) Headlines

From GuruFocus

Third Avenue Comments on Jardine Cycle & Carriage

By Sydnee Gatewood Sydnee Gatewood 04-22-2021