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Frontier Transport Holdings (JSE:FTH) Debt-to-EBITDA : 0.45 (As of Sep. 2023)


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What is Frontier Transport Holdings Debt-to-EBITDA?

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

Frontier Transport Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R79 Mil. Frontier Transport Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R142 Mil. Frontier Transport Holdings's annualized EBITDA for the quarter that ended in Sep. 2023 was R489 Mil. Frontier Transport Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.45.

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 Frontier Transport Holdings's Debt-to-EBITDA or its related term are showing as below:

JSE:FTH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.37   Med: 0.93   Max: 1.08
Current: 0.45

During the past 7 years, the highest Debt-to-EBITDA Ratio of Frontier Transport Holdings was 1.08. The lowest was 0.37. And the median was 0.93.

JSE:FTH's Debt-to-EBITDA is ranked better than
90.17% of 844 companies
in the Transportation industry
Industry Median: 2.81 vs JSE:FTH: 0.45

Frontier Transport Holdings Debt-to-EBITDA Historical Data

The historical data trend for Frontier Transport Holdings'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.

Frontier Transport Holdings Debt-to-EBITDA Chart

Frontier Transport Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial 1.08 1.03 0.98 0.49 0.37

Frontier Transport Holdings Semi-Annual Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.90 0.56 0.59 0.37 0.45

Competitive Comparison of Frontier Transport Holdings's Debt-to-EBITDA

For the Railroads subindustry, Frontier Transport Holdings'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.


Frontier Transport Holdings's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Frontier Transport Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Frontier Transport Holdings's Debt-to-EBITDA falls into.



Frontier Transport Holdings Debt-to-EBITDA Calculation

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

Frontier Transport Holdings's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(100.226 + 84.495) / 501.07
=0.37

Frontier Transport Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(79.025 + 141.8) / 488.618
=0.45

* 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 two times the quarterly (Sep. 2023) EBITDA data.


Frontier Transport Holdings  (JSE:FTH) 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.


Frontier Transport Holdings Debt-to-EBITDA Related Terms

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


Frontier Transport Holdings (JSE:FTH) Business Description

Traded in Other Exchanges
N/A
Address
103 Bofors Circle, Epping Industria, Cape Town, WC, ZAF, 7460
Frontier Transport Holdings Ltd, formerly Hosken Passenger Logistics And Rail Ltd through its subsidiary provide a scheduled commuter bus operator in the Cape Metropole. It is engaged in the provision of passenger transport services within South Africa. The company operates in the luxury and semi-luxury coach markets.

Frontier Transport Holdings (JSE:FTH) Headlines

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