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Lanka Milk Foods (CWE) (COL:LMF.N0000) Debt-to-EBITDA : 1.42 (As of Dec. 2023)


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What is Lanka Milk Foods (CWE) Debt-to-EBITDA?

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

Lanka Milk Foods (CWE)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was රු4,327 Mil. Lanka Milk Foods (CWE)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was රු2,447 Mil. Lanka Milk Foods (CWE)'s annualized EBITDA for the quarter that ended in Dec. 2023 was රු4,758 Mil. Lanka Milk Foods (CWE)'s annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.42.

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 Lanka Milk Foods (CWE)'s Debt-to-EBITDA or its related term are showing as below:

COL:LMF.N0000' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.81   Med: 2.43   Max: 5.08
Current: 1.9

During the past 13 years, the highest Debt-to-EBITDA Ratio of Lanka Milk Foods (CWE) was 5.08. The lowest was 0.81. And the median was 2.43.

COL:LMF.N0000's Debt-to-EBITDA is ranked better than
53.33% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 2.13 vs COL:LMF.N0000: 1.90

Lanka Milk Foods (CWE) Debt-to-EBITDA Historical Data

The historical data trend for Lanka Milk Foods (CWE)'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.

Lanka Milk Foods (CWE) Debt-to-EBITDA Chart

Lanka Milk Foods (CWE) 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 4.42 2.36 2.07 3.18 1.96

Lanka Milk Foods (CWE) 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 1.93 3.33 2.49 1.36 1.42

Competitive Comparison of Lanka Milk Foods (CWE)'s Debt-to-EBITDA

For the Packaged Foods subindustry, Lanka Milk Foods (CWE)'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.


Lanka Milk Foods (CWE)'s Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lanka Milk Foods (CWE)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Lanka Milk Foods (CWE)'s Debt-to-EBITDA falls into.



Lanka Milk Foods (CWE) Debt-to-EBITDA Calculation

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

Lanka Milk Foods (CWE)'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
=(2544.471 + 2706.838) / 2677.909
=1.96

Lanka Milk Foods (CWE)'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
=(4326.578 + 2446.582) / 4758.336
=1.42

* 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.


Lanka Milk Foods (CWE)  (COL:LMF.N0000) 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.


Lanka Milk Foods (CWE) Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Lanka Milk Foods (CWE)'s Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Lanka Milk Foods (CWE) (COL:LMF.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 579/1, Welisara, Ragama, LKA
Lanka Milk Foods (CWE) PLC is engaged in the business of importing, packing, manufacturing, marketing, and distributing milk allied products. The company's operating segment includes Powdered Milk; Liquid Milk and Others, Agriculture and Trading. It generates maximum revenue from the Liquid Milk and Others segment. The Liquid Milk and Others segment includes the operating chain of packing and selling of UHT products, Daily, Ambewela Farm Fresh Milk, and fruit juice.

Lanka Milk Foods (CWE) (COL:LMF.N0000) Headlines

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