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Bangkok Land PCL (BKK:BLAND) Debt-to-EBITDA : 0.63 (As of Mar. 2024)


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What is Bangkok Land PCL Debt-to-EBITDA?

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

Bangkok Land PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿3,875 Mil. Bangkok Land PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿20 Mil. Bangkok Land PCL's annualized EBITDA for the quarter that ended in Mar. 2024 was ฿6,214 Mil. Bangkok Land PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.63.

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 Bangkok Land PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:BLAND' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.77   Med: 1.36   Max: 7.43
Current: 1.52

During the past 13 years, the highest Debt-to-EBITDA Ratio of Bangkok Land PCL was 7.43. The lowest was 0.77. And the median was 1.36.

BKK:BLAND's Debt-to-EBITDA is ranked better than
80.53% of 1248 companies
in the Real Estate industry
Industry Median: 5.99 vs BKK:BLAND: 1.52

Bangkok Land PCL Debt-to-EBITDA Historical Data

The historical data trend for Bangkok Land PCL'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.

Bangkok Land PCL Debt-to-EBITDA Chart

Bangkok Land PCL Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 7.43 1.97 1.58 1.52

Bangkok Land PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.69 3.92 4.17 1.86 0.63

Competitive Comparison of Bangkok Land PCL's Debt-to-EBITDA

For the Real Estate - Diversified subindustry, Bangkok Land PCL'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.


Bangkok Land PCL's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Bangkok Land PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bangkok Land PCL's Debt-to-EBITDA falls into.



Bangkok Land PCL Debt-to-EBITDA Calculation

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

Bangkok Land PCL's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3874.707 + 20.374) / 2561.902
=1.52

Bangkok Land PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3874.707 + 20.374) / 6213.968
=0.63

* 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 (Mar. 2024) EBITDA data.


Bangkok Land PCL  (BKK:BLAND) 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.


Bangkok Land PCL Debt-to-EBITDA Related Terms

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


Bangkok Land PCL (BKK:BLAND) Business Description

Traded in Other Exchanges
N/A
Address
Popular 3 Road, Tambol Bannmai, Amphur Pakkred, 10th Floor, New Geneva Industry Condominium, 47/569 - 576 Moo 3, Nonthaburi, THA
Bangkok Land is a Thailand-based property holding company. The principal business of the Company and its subsidiaries comprise real estate development, exhibition and convention, food and beverage, investment in hotels, and education. The real estate, which is involved in developing residential and commercial properties for sale and rental; exhibition center, which provides a broad range of facilities and services for customers to hold activities and functions.

Bangkok Land PCL (BKK:BLAND) Headlines

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