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PT Indocement Tunggal Prakarsa Tbk (PT Indocement Tunggal Prakarsa Tbk) Debt-to-EBITDA : 0.80 (As of Dec. 2023)


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What is PT Indocement Tunggal Prakarsa Tbk Debt-to-EBITDA?

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

PT Indocement Tunggal Prakarsa Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $157 Mil. PT Indocement Tunggal Prakarsa Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $25 Mil. PT Indocement Tunggal Prakarsa Tbk's annualized EBITDA for the quarter that ended in Dec. 2023 was $227 Mil. PT Indocement Tunggal Prakarsa Tbk's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.80.

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 PT Indocement Tunggal Prakarsa Tbk's Debt-to-EBITDA or its related term are showing as below:

PITPY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02   Med: 0.06   Max: 1.04
Current: 1.04

During the past 13 years, the highest Debt-to-EBITDA Ratio of PT Indocement Tunggal Prakarsa Tbk was 1.04. The lowest was 0.02. And the median was 0.06.

PITPY's Debt-to-EBITDA is ranked better than
68.27% of 312 companies
in the Building Materials industry
Industry Median: 2.14 vs PITPY: 1.04

PT Indocement Tunggal Prakarsa Tbk Debt-to-EBITDA Historical Data

The historical data trend for PT Indocement Tunggal Prakarsa Tbk'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.

PT Indocement Tunggal Prakarsa Tbk Debt-to-EBITDA Chart

PT Indocement Tunggal Prakarsa Tbk 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 0.05 0.21 0.11 0.38 1.04

PT Indocement Tunggal Prakarsa Tbk 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 0.21 0.42 0.51 0.29 0.80

Competitive Comparison of PT Indocement Tunggal Prakarsa Tbk's Debt-to-EBITDA

For the Building Materials subindustry, PT Indocement Tunggal Prakarsa Tbk'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.


PT Indocement Tunggal Prakarsa Tbk's Debt-to-EBITDA Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Indocement Tunggal Prakarsa Tbk's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PT Indocement Tunggal Prakarsa Tbk's Debt-to-EBITDA falls into.



PT Indocement Tunggal Prakarsa Tbk Debt-to-EBITDA Calculation

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

PT Indocement Tunggal Prakarsa Tbk'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
=(156.731 + 25.214) / 174.878
=1.04

PT Indocement Tunggal Prakarsa Tbk'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
=(156.731 + 25.214) / 226.892
=0.80

* 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.


PT Indocement Tunggal Prakarsa Tbk  (OTCPK:PITPY) 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.


PT Indocement Tunggal Prakarsa Tbk Debt-to-EBITDA Related Terms

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


PT Indocement Tunggal Prakarsa Tbk (PT Indocement Tunggal Prakarsa Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Sudirman Kavling 70-71, Wisma Indocement, 13th Floor, Jakarta, IDN, 12910
PT Indocement Tunggal Prakarsa Tbk manufactures and sells cement, concrete, and cement-related products. The firm operates in three segments cement, ready-mix concrete, and aggregates quarries. The Cement segment, which generates the vast majority of revenue, sells cement under the Tiga Roda brand, primarily to retailers and the residential construction industry. The Ready-Mix Concrete segment sells concrete to the building and construction industries.

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