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Starflex PCL (BKK:SFLEX) Debt-to-EBITDA : 2.09 (As of Mar. 2024)


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What is Starflex PCL Debt-to-EBITDA?

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

Starflex PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿526 Mil. Starflex PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿204 Mil. Starflex PCL's annualized EBITDA for the quarter that ended in Mar. 2024 was ฿350 Mil. Starflex PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.09.

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

BKK:SFLEX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.32   Med: 1.23   Max: 2.33
Current: 2.33

During the past 8 years, the highest Debt-to-EBITDA Ratio of Starflex PCL was 2.33. The lowest was 0.32. And the median was 1.23.

BKK:SFLEX's Debt-to-EBITDA is ranked better than
53.56% of 323 companies
in the Packaging & Containers industry
Industry Median: 2.5 vs BKK:SFLEX: 2.33

Starflex PCL Debt-to-EBITDA Historical Data

The historical data trend for Starflex 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.

Starflex PCL Debt-to-EBITDA Chart

Starflex PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 1.55 0.32 0.92 2.33 2.23

Starflex 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 1.14 0.89 0.94 2.32 2.09

Competitive Comparison of Starflex PCL's Debt-to-EBITDA

For the Packaging & Containers subindustry, Starflex 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.


Starflex PCL's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Starflex PCL's Debt-to-EBITDA distribution charts can be found below:

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



Starflex PCL Debt-to-EBITDA Calculation

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

Starflex 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
=(480.14 + 168.117) / 291.077
=2.23

Starflex 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
=(526.312 + 203.949) / 349.824
=2.09

* 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.


Starflex PCL  (BKK:SFLEX) 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.


Starflex PCL Debt-to-EBITDA Related Terms

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


Starflex PCL (BKK:SFLEX) Business Description

Traded in Other Exchanges
N/A
Address
189 / 48-49 Moo.3, Theparak Road, T. Bangpreang, A. Bangbo, Samutprakan, Bangkok, THA, 10560
Starflex PCL is engaged in the manufacture and distribution of flexible packaging. The company provides packaging for home and personal products, medical products, and food industries. There are three operating business segments: Packaging products for food, Packaging products for non-food, and Other segment. Non-food packaging segment generates a vast majority of the revenues. The company operates in Thailand only.

Starflex PCL (BKK:SFLEX) Headlines

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