PT Steadyfe Tbk (ISX:SAFE) Debt-to-EBITDA : 1.73 (As of Mar. 2024)

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What is PT Steadyfe Tbk Debt-to-EBITDA?

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

PT Steadyfe Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp92,627 Mil. PT Steadyfe Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp4,544 Mil. PT Steadyfe Tbk's annualized EBITDA for the quarter that ended in Mar. 2024 was Rp56,117 Mil. PT Steadyfe Tbk's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.73.

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 Steadyfe Tbk's Debt-to-EBITDA or its related term are showing as below:

ISX:SAFE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.51 Med: 4.48 Max: 17.77
Current: 1.95

During the past 13 years, the highest Debt-to-EBITDA Ratio of PT Steadyfe Tbk was 17.77. The lowest was -4.51. And the median was 4.48.

ISX:SAFE's Debt-to-EBITDA is ranked better than
64.62% of 845 companies
in the Transportation industry
Industry Median: 2.8 vs ISX:SAFE: 1.95

PT Steadyfe Tbk Debt-to-EBITDA Historical Data

The historical data trend for PT Steadyfe 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 Steadyfe Tbk Debt-to-EBITDA Chart

PT Steadyfe Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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4.95

10.61

5.87

4.01

2.35

PT Steadyfe Tbk 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															3.13	4.11	2.49	2.22	1.73

Competitive Comparison of PT Steadyfe Tbk's Debt-to-EBITDA

For the Railroads subindustry, PT Steadyfe 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 Steadyfe Tbk's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Steadyfe Tbk's Debt-to-EBITDA distribution charts can be found below:

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

PT Steadyfe Tbk Debt-to-EBITDA Calculation

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

PT Steadyfe 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
	=	(91648.806	+	23985.519)	/	49212.267
	=	2.35

PT Steadyfe Tbk'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
	=	(92627.119	+	4543.97)	/	56117.364
	=	1.73

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.

PT Steadyfe Tbk (ISX:SAFE) 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 Steadyfe Tbk Debt-to-EBITDA Related Terms

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

PT Steadyfe Tbk (ISX:SAFE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Steady Safe Tbk (ISX:SAFE) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Prof. DR. Satrio No.7, 15th Floor Satrio Tower RT.7/RW.2, Kuningan, Kecamatan Setiabudi Kota Jakarta Selatan, Daerah Khusus Ibukota, Jakarta, IDN, 12950

Website

http://www.steadysafe.co.id

PT Steady Safe Tbk is a public transportation company. Its business activities are in the field of transportation services, especially to be busway operator in Jakarta. The company and subsidiaries classify their business activities in two main business segments namely Land Transportation and Financial Services segment. The firm's revenue is dominated by the Land Transportation segment.