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PT Sinar Mas Multiartha Tbk (ISX:SMMA) Debt-to-EBITDA : 10.04 (As of Dec. 2023)


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What is PT Sinar Mas Multiartha Tbk Debt-to-EBITDA?

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

PT Sinar Mas Multiartha Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp2,086,386 Mil. PT Sinar Mas Multiartha Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp8,470,184 Mil. PT Sinar Mas Multiartha Tbk's annualized EBITDA for the quarter that ended in Dec. 2023 was Rp1,052,020 Mil. PT Sinar Mas Multiartha Tbk's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 10.03.

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 PT Sinar Mas Multiartha Tbk's Debt-to-EBITDA or its related term are showing as below:

ISX:SMMA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.77   Med: 2.05   Max: 3.68
Current: 2.98

During the past 13 years, the highest Debt-to-EBITDA Ratio of PT Sinar Mas Multiartha Tbk was 3.68. The lowest was 0.77. And the median was 2.05.

ISX:SMMA's Debt-to-EBITDA is ranked worse than
73.29% of 292 companies
in the Insurance industry
Industry Median: 1.49 vs ISX:SMMA: 2.98

PT Sinar Mas Multiartha Tbk Debt-to-EBITDA Historical Data

The historical data trend for PT Sinar Mas Multiartha Tbk'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.

PT Sinar Mas Multiartha Tbk Debt-to-EBITDA Chart

PT Sinar Mas Multiartha Tbk 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 0.95 3.63 2.41 3.35 2.98

PT Sinar Mas Multiartha Tbk 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 3.89 3.60 3.35 1.60 10.04

Competitive Comparison of PT Sinar Mas Multiartha Tbk's Debt-to-EBITDA

For the Insurance - Diversified subindustry, PT Sinar Mas Multiartha Tbk'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.


PT Sinar Mas Multiartha Tbk's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PT Sinar Mas Multiartha Tbk's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PT Sinar Mas Multiartha Tbk's Debt-to-EBITDA falls into.



PT Sinar Mas Multiartha Tbk Debt-to-EBITDA Calculation

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

PT Sinar Mas Multiartha Tbk'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
=(2086386 + 8470184) / 3541496
=2.98

PT Sinar Mas Multiartha Tbk'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
=(2086386 + 8470184) / 1052020
=10.03

* 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.


PT Sinar Mas Multiartha Tbk  (ISX:SMMA) 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.


PT Sinar Mas Multiartha Tbk Debt-to-EBITDA Related Terms

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


PT Sinar Mas Multiartha Tbk (ISX:SMMA) Business Description

Traded in Other Exchanges
N/A
Address
Sinar Mas Land Plaza, Tower I Lt 1 dan 2, Jl. MH Thamrin No. 51, Jakarta, IDN, 10350
PT Sinar Mas Multiartha Tbk provides an integrated and comprehensive range of financial services in Indonesia. The company is engaged in insurance underwriting, consumer financing, factoring of accounts, securities administration, securities brokerage, investment manager, banking, development, information technology, trading, and other related services. It is also involved in the auction house, property, health clinic, and workshop activities.

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