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Astrapak (JSE:9035.PFD) Debt-to-EBITDA : 4.24 (As of Aug. 2016)


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What is Astrapak Debt-to-EBITDA?

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

Astrapak's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2016 was R83.79 Mil. Astrapak's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2016 was R150.08 Mil. Astrapak's annualized EBITDA for the quarter that ended in Aug. 2016 was R55.13 Mil. Astrapak's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2016 was 4.24.

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

JSE:9035.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0   Max: 4.69
Current: 4.69

During the past 13 years, the highest Debt-to-EBITDA Ratio of Astrapak was 4.69. The lowest was 0.00. And the median was 0.00.

JSE:9035.PFD's Debt-to-EBITDA is not ranked
in the Packaging & Containers industry.
Industry Median: 2.55 vs JSE:9035.PFD: 4.69

Astrapak Debt-to-EBITDA Historical Data

The historical data trend for Astrapak'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.

Astrapak Debt-to-EBITDA Chart

Astrapak Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.20 2.20 12.08 10.56 5.41

Astrapak Semi-Annual Data
Feb06 Feb07 Feb08 Aug08 Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16
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 7.00 -67.27 4.38 5.37 4.24

Competitive Comparison of Astrapak's Debt-to-EBITDA

For the Packaging & Containers subindustry, Astrapak'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.


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

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

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



Astrapak Debt-to-EBITDA Calculation

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

Astrapak's Debt-to-EBITDA for the fiscal year that ended in Feb. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(77.154 + 162.245) / 44.277
=5.41

Astrapak's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(83.794 + 150.075) / 55.132
=4.24

* 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 two times the quarterly (Aug. 2016) EBITDA data.


Astrapak  (JSE:9035.PFD) 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.


Astrapak Debt-to-EBITDA Related Terms

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


Astrapak (JSE:9035.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Astrapak Ltd is engaged in manufacturing & distributing plastic packaging products. It provides packaging services to food, beverage, fruit, confectionery, pharmaceutical, petrochemical, industrial markets.

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