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Deshbandhu Polymer (DHA:DESHBANDHU) Debt-to-EBITDA : 8.09 (As of Dec. 2023)


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What is Deshbandhu Polymer Debt-to-EBITDA?

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

Deshbandhu Polymer's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT584.4 Mil. Deshbandhu Polymer's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT536.6 Mil. Deshbandhu Polymer's annualized EBITDA for the quarter that ended in Dec. 2023 was BDT138.6 Mil. Deshbandhu Polymer's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 8.09.

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 Deshbandhu Polymer's Debt-to-EBITDA or its related term are showing as below:

DHA:DESHBANDHU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.9   Med: 9.44   Max: 13.51
Current: 9.76

During the past 13 years, the highest Debt-to-EBITDA Ratio of Deshbandhu Polymer was 13.51. The lowest was 2.90. And the median was 9.44.

DHA:DESHBANDHU's Debt-to-EBITDA is ranked worse than
91.1% of 326 companies
in the Packaging & Containers industry
Industry Median: 2.55 vs DHA:DESHBANDHU: 9.76

Deshbandhu Polymer Debt-to-EBITDA Historical Data

The historical data trend for Deshbandhu Polymer'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.

Deshbandhu Polymer Debt-to-EBITDA Chart

Deshbandhu Polymer Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.06 13.28 10.09 8.38 7.74

Deshbandhu Polymer 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 9.12 13.76 9.41 8.88 8.09

Competitive Comparison of Deshbandhu Polymer's Debt-to-EBITDA

For the Packaging & Containers subindustry, Deshbandhu Polymer'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.


Deshbandhu Polymer's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Deshbandhu Polymer's Debt-to-EBITDA distribution charts can be found below:

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



Deshbandhu Polymer Debt-to-EBITDA Calculation

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

Deshbandhu Polymer's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(607.566 + 530.021) / 147.054
=7.74

Deshbandhu Polymer'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
=(584.41 + 536.569) / 138.564
=8.09

* 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.


Deshbandhu Polymer  (DHA:DESHBANDHU) 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.


Deshbandhu Polymer Debt-to-EBITDA Related Terms

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


Deshbandhu Polymer (DHA:DESHBANDHU) Business Description

Traded in Other Exchanges
N/A
Address
Road - 27, House - 59, Block - K, Mostafa Center, Banani, Dhaka, BGD, 1213
Deshbandhu Polymer Ltd is a Bangladesh based manufacturer of PP woven bags and liner. The products are suitable for packing food grain, wheat flour, chemicals, cattle feed, fish feed, sugar, fertilizer and many more things.

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