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Thai Nam Plastic PCL (BKK:TNPC) Debt-to-EBITDA : 10.22 (As of Mar. 2024)


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What is Thai Nam Plastic PCL Debt-to-EBITDA?

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

Thai Nam Plastic PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿268 Mil. Thai Nam Plastic PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿131 Mil. Thai Nam Plastic PCL's annualized EBITDA for the quarter that ended in Mar. 2024 was ฿39 Mil. Thai Nam Plastic PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 10.22.

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

BKK:TNPC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.67   Med: 3.24   Max: 91.27
Current: 3.24

During the past 13 years, the highest Debt-to-EBITDA Ratio of Thai Nam Plastic PCL was 91.27. The lowest was 1.67. And the median was 3.24.

BKK:TNPC's Debt-to-EBITDA is ranked worse than
62.59% of 1056 companies
in the Vehicles & Parts industry
Industry Median: 2.35 vs BKK:TNPC: 3.24

Thai Nam Plastic PCL Debt-to-EBITDA Historical Data

The historical data trend for Thai Nam Plastic 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.

Thai Nam Plastic PCL Debt-to-EBITDA Chart

Thai Nam Plastic 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 91.27 3.32 1.78 5.30 3.16

Thai Nam Plastic 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 29.98 2.19 1.81 7.16 10.22

Competitive Comparison of Thai Nam Plastic PCL's Debt-to-EBITDA

For the Auto Parts subindustry, Thai Nam Plastic 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.


Thai Nam Plastic PCL's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thai Nam Plastic PCL's Debt-to-EBITDA distribution charts can be found below:

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



Thai Nam Plastic PCL Debt-to-EBITDA Calculation

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

Thai Nam Plastic 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
=(219.513 + 148.49) / 116.621
=3.16

Thai Nam Plastic 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
=(267.88 + 131.052) / 39.032
=10.22

* 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.


Thai Nam Plastic PCL  (BKK:TNPC) 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.


Thai Nam Plastic PCL Debt-to-EBITDA Related Terms

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


Thai Nam Plastic PCL (BKK:TNPC) Business Description

Traded in Other Exchanges
N/A
Address
40 Moo 7, Petchakasem Road, KM.23, Omnoi, Kratumban, Samutsakorn, THA, 74130
Thai Nam Plastic PCL engages in the production and distribution of flexible plastic, synthetic leather, and car mat. The company produces both Polyvinyl chloride (PVC) and Non-PVC plastic products, such as Solid sheets and Synthetic leather used for making automotive interior parts, Sports shoes, Furniture, and Stationery. It operates through the Manufacturing of Plastic Parts of Automobile Industry Group and Other segments. The Manufacturing of Plastic Parts of Automobile Industry Group segment, which accounts for the majority of revenue, manufactures artificial leather and automobile rubber flooring. The Other segment produces various types of plastics both soft and rigid, rolls and plate. The group has a business presence in Thailand and other countries.

Thai Nam Plastic PCL (BKK:TNPC) Headlines

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