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Binny Mills (BOM:535620) Debt-to-EBITDA : 47.43 (As of Dec. 2023)


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What is Binny Mills Debt-to-EBITDA?

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

Binny Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Binny Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹1,407.09 Mil. Binny Mills's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹29.67 Mil. Binny Mills's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 47.43.

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 Binny Mills's Debt-to-EBITDA or its related term are showing as below:

BOM:535620' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -15.11   Med: -9.95   Max: 153.54
Current: -14.35

During the past 12 years, the highest Debt-to-EBITDA Ratio of Binny Mills was 153.54. The lowest was -15.11. And the median was -9.95.

BOM:535620's Debt-to-EBITDA is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 2.8 vs BOM:535620: -14.35

Binny Mills Debt-to-EBITDA Historical Data

The historical data trend for Binny Mills'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.

Binny Mills Debt-to-EBITDA Chart

Binny Mills 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 -9.81 - - -14.79 -15.11

Binny Mills 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 - -2.91 - 38.75 47.43

Competitive Comparison of Binny Mills's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Binny Mills'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.


Binny Mills's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Binny Mills Debt-to-EBITDA Calculation

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

Binny Mills'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 + 1407.091) / -93.123
=-15.11

Binny Mills'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 + 1407.091) / 29.668
=47.43

* 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.


Binny Mills  (BOM:535620) 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.


Binny Mills Debt-to-EBITDA Related Terms

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


Binny Mills (BOM:535620) Business Description

Traded in Other Exchanges
N/A
Address
TCP Sapthagiri Bhavan, New No. 4, Old No. 10, Karpagambal Nagar, Mylapore, Chennai, TN, IND, 600004
Binny Mills Ltd is engaged in the retail trading of textile products. The business activity of the firm is operated through three divisions namely Warehousing, Showrooms, and Textiles. The Warehousing division has rented its warehouses and is deriving rental income from it. The Showrooms are engaged in the retail selling of textile materials and the Textile division is engaged in selling textile materials, particularly uniform materials, bedspreads, and other textile varieties. The company generates the majority of its revenue from the Warehousing division.

Binny Mills (BOM:535620) Headlines

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