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Kiran Syntex (BOM:530443) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Kiran Syntex Debt-to-EBITDA?

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

Kiran Syntex's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Kiran Syntex's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Kiran Syntex's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹-0.26 Mil. Kiran Syntex's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

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 Kiran Syntex's Debt-to-EBITDA or its related term are showing as below:

BOM:530443' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.45   Med: -2.59   Max: -1.72
Current: -2.64

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kiran Syntex was -1.72. The lowest was -3.45. And the median was -2.59.

BOM:530443's Debt-to-EBITDA is ranked worse than
100% of 807 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.84 vs BOM:530443: -2.64

Kiran Syntex Debt-to-EBITDA Historical Data

The historical data trend for Kiran Syntex'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.

Kiran Syntex Debt-to-EBITDA Chart

Kiran Syntex Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.75 -2.44 -2.42 -3.45 -3.04

Kiran Syntex 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 - -3.96 - - -

Competitive Comparison of Kiran Syntex's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Kiran Syntex'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.


Kiran Syntex's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kiran Syntex's Debt-to-EBITDA distribution charts can be found below:

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



Kiran Syntex Debt-to-EBITDA Calculation

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

Kiran Syntex'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
=(0 + 2.36) / -0.777
=-3.04

Kiran Syntex'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
=(0 + 0) / -0.256
=0.00

* 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.


Kiran Syntex  (BOM:530443) 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.


Kiran Syntex Debt-to-EBITDA Related Terms

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


Kiran Syntex (BOM:530443) Business Description

Traded in Other Exchanges
N/A
Address
No. 1/324, Popat Street, Nanpura, Surat, GJ, IND, 395 001
Kiran Syntex Ltd is engaged in manufacturing and supplying of polyster dyed yarns. The various range of Polyster provided by the company includes Polyster Filament Dyed Yarn, Polyster Air Textured Dyed Yarn, Polyster Slub Dyed Yarn, and Polyster Space Dyed Yarn.

Kiran Syntex (BOM:530443) Headlines

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