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Bharat Textiles & Proofing Industries (BOM:531029) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Bharat Textiles & Proofing Industries Debt-to-EBITDA?

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

Bharat Textiles & Proofing Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Bharat Textiles & Proofing Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Bharat Textiles & Proofing Industries's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹16.6 Mil. Bharat Textiles & Proofing Industries'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 Bharat Textiles & Proofing Industries's Debt-to-EBITDA or its related term are showing as below:

BOM:531029' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.51   Med: 7.64   Max: 20.59
Current: 7.59

During the past 13 years, the highest Debt-to-EBITDA Ratio of Bharat Textiles & Proofing Industries was 20.59. The lowest was 5.51. And the median was 7.64.

BOM:531029's Debt-to-EBITDA is ranked worse than
82.97% of 816 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.78 vs BOM:531029: 7.59

Bharat Textiles & Proofing Industries Debt-to-EBITDA Historical Data

The historical data trend for Bharat Textiles & Proofing Industries'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.

Bharat Textiles & Proofing Industries Debt-to-EBITDA Chart

Bharat Textiles & Proofing Industries 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 5.92 6.88 5.51 7.83 7.45

Bharat Textiles & Proofing Industries 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 - 9.31 - 7.25 -

Competitive Comparison of Bharat Textiles & Proofing Industries's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Bharat Textiles & Proofing Industries'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.


Bharat Textiles & Proofing Industries's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Bharat Textiles & Proofing Industries's Debt-to-EBITDA falls into.



Bharat Textiles & Proofing Industries Debt-to-EBITDA Calculation

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

Bharat Textiles & Proofing Industries'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
=(43.824 + 76.908) / 16.217
=7.44

Bharat Textiles & Proofing Industries'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) / 16.636
=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.


Bharat Textiles & Proofing Industries  (BOM:531029) 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.


Bharat Textiles & Proofing Industries Debt-to-EBITDA Related Terms

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


Bharat Textiles & Proofing Industries (BOM:531029) Business Description

Traded in Other Exchanges
N/A
Address
Old 43, New 64, Sattanna Naicken Street, Lane Adjacent to Natraj Theatre, Behind Angallamman Koil Backside, Choolai, Chennai, TN, IND, 600112
Bharat Textiles & Proofing Industries Ltd is an India-based company. It is involved in the manufacturing and marketing of cotton canvas. It also manufactures tarpaulin. The company products include Truck Covers; Grey cotton canvas/duck; Polyester-Cotton, Chemically processed canvas; Waterproof, Rot proofed canvas; Fire Retardant Canvas; Army ducks and Number ducks; Relief Tents; Bags, Tents, Sleeping Bag Materials and others. It operates only in India.

Bharat Textiles & Proofing Industries (BOM:531029) Headlines

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