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Central Pattana PCL (BKK:CPN) Debt-to-EBITDA : 3.91 (As of Dec. 2023)


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What is Central Pattana PCL Debt-to-EBITDA?

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

Central Pattana PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿39,668 Mil. Central Pattana PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿83,656 Mil. Central Pattana PCL's annualized EBITDA for the quarter that ended in Dec. 2023 was ฿31,550 Mil. Central Pattana PCL's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.91.

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

BKK:CPN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.45   Med: 1.56   Max: 6.76
Current: 4.13

During the past 13 years, the highest Debt-to-EBITDA Ratio of Central Pattana PCL was 6.76. The lowest was 0.45. And the median was 1.56.

BKK:CPN's Debt-to-EBITDA is ranked better than
60.59% of 1261 companies
in the Real Estate industry
Industry Median: 5.66 vs BKK:CPN: 4.13

Central Pattana PCL Debt-to-EBITDA Historical Data

The historical data trend for Central Pattana 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.

Central Pattana PCL Debt-to-EBITDA Chart

Central Pattana PCL 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 1.54 4.29 6.76 5.33 4.13

Central Pattana PCL 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 5.12 4.74 4.48 4.01 3.91

Competitive Comparison of Central Pattana PCL's Debt-to-EBITDA

For the Real Estate - Diversified subindustry, Central Pattana 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.


Central Pattana PCL's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Central Pattana PCL Debt-to-EBITDA Calculation

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

Central Pattana PCL'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
=(39668.274 + 83655.532) / 29852.061
=4.13

Central Pattana PCL'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
=(39668.274 + 83655.532) / 31549.984
=3.91

* 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.


Central Pattana PCL  (BKK:CPN) 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.


Central Pattana PCL Debt-to-EBITDA Related Terms

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


Central Pattana PCL (BKK:CPN) Business Description

Traded in Other Exchanges
Address
999/9 Rama I Road, 31-33 Floor, The Offices at Central World, Patumwan District, Patumwan Sub-District, Bangkok, THA, 10330
Central Pattana PCL develops and manages large-scale shopping complexes, office buildings, and hotels. The company segment includes Development of shopping center buildings, office building and condominiums for rent including provision of utility services, operator of play land and water theme park in the shopping center buildings; Food center services in the shopping centers; Hotel business and Real estate business for sales of land and houses and condominium units.

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