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Dhipaya Group Holdings PCL (BKK:TIPH) Debt-to-EBITDA : 0.34 (As of Mar. 2024)


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What is Dhipaya Group Holdings PCL Debt-to-EBITDA?

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

Dhipaya Group Holdings PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿0 Mil. Dhipaya Group Holdings PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿998 Mil. Dhipaya Group Holdings PCL's annualized EBITDA for the quarter that ended in Mar. 2024 was ฿2,968 Mil. Dhipaya Group Holdings PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.34.

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

BKK:TIPH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.04   Med: 0.49   Max: 0.57
Current: 0.46

During the past 4 years, the highest Debt-to-EBITDA Ratio of Dhipaya Group Holdings PCL was 0.57. The lowest was 0.04. And the median was 0.49.

BKK:TIPH's Debt-to-EBITDA is ranked better than
75.76% of 297 companies
in the Insurance industry
Industry Median: 1.44 vs BKK:TIPH: 0.46

Dhipaya Group Holdings PCL Debt-to-EBITDA Historical Data

The historical data trend for Dhipaya Group Holdings 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.

Dhipaya Group Holdings PCL Debt-to-EBITDA Chart

Dhipaya Group Holdings PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A 0.04 0.57 0.49

Dhipaya Group Holdings PCL Quarterly Data
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 0.07 0.84 0.71 0.42 0.34

Competitive Comparison of Dhipaya Group Holdings PCL's Debt-to-EBITDA

For the Insurance - Diversified subindustry, Dhipaya Group Holdings 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.


Dhipaya Group Holdings PCL's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Dhipaya Group Holdings PCL's Debt-to-EBITDA distribution charts can be found below:

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



Dhipaya Group Holdings PCL Debt-to-EBITDA Calculation

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

Dhipaya Group Holdings 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
=(34.011 + 1065.064) / 2226.997
=0.49

Dhipaya Group Holdings 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
=(0 + 998.365) / 2967.832
=0.34

* 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.


Dhipaya Group Holdings PCL  (BKK:TIPH) 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.


Dhipaya Group Holdings PCL Debt-to-EBITDA Related Terms

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


Dhipaya Group Holdings PCL (BKK:TIPH) Business Description

Traded in Other Exchanges
N/A
Address
1115 Rama 3 Road, Chong Nonsi, Yannawa, Bangkok, THA, 10120
Dhipaya Group Holdings PCL engaged in the business of holding investment in other companies. The company's operations involve in three business segments being of non-life insurance, investment business and insurance supported business. The company carried on business in the single geographic area in Thailand.

Dhipaya Group Holdings PCL (BKK:TIPH) Headlines

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