Swaraj Suiting (NSE:SWARAJ) Debt-to-EBITDA : 3.87 (As of Mar. 2023)

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What is Swaraj Suiting Debt-to-EBITDA?

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

Swaraj Suiting's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹577 Mil. Swaraj Suiting's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹556 Mil. Swaraj Suiting's annualized EBITDA for the quarter that ended in Mar. 2023 was ₹293 Mil. Swaraj Suiting's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 3.87.

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

NSE:SWARAJ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.99 Med: 4.11 Max: 5.38
Current: 4.73

During the past 5 years, the highest Debt-to-EBITDA Ratio of Swaraj Suiting was 5.38. The lowest was 2.99. And the median was 4.11.

NSE:SWARAJ's Debt-to-EBITDA is ranked worse than
67.24% of 809 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.8 vs NSE:SWARAJ: 4.73

Swaraj Suiting Debt-to-EBITDA Historical Data

The historical data trend for Swaraj Suiting'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.

Swaraj Suiting Debt-to-EBITDA Chart

Swaraj Suiting Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

3.88

2.99

4.11

5.38

4.73

Swaraj Suiting Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	2.50	6.05	5.99	3.87

Competitive Comparison of Swaraj Suiting's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Swaraj Suiting'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.

Swaraj Suiting's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Swaraj Suiting Debt-to-EBITDA Calculation

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

Swaraj Suiting'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
	=	(577.47	+	556.497)	/	239.705
	=	4.73

Swaraj Suiting's annualized Debt-to-EBITDA for the quarter 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
	=	(577.47	+	556.497)	/	293.346
	=	3.87

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 (Mar. 2023) EBITDA data.

Swaraj Suiting (NSE:SWARAJ) 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.

Swaraj Suiting Debt-to-EBITDA Related Terms

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

Swaraj Suiting (NSE:SWARAJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Swaraj Suiting Ltd (NSE:SWARAJ) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

RIICO Growth Centre, F-483 To F-487, Hamirgarh, Bhilwara, RJ, IND, 311025

Website

https://www.swarajsuiting.com

Swaraj Suiting Ltd is mainly engaged into the textile industry. It operates under various verticals namely manufacturing of denim, grey fabric, weaving on a Job Work basis, trading of the finished fabric and grey fabric and yarn. The company operates in four states Rajasthan, Gujarat, Madhya Pradesh and Maharashtra. The company generates the majority of its revenue from Finish Fabrics sale.

Swaraj Suiting (NSE:SWARAJ) Headlines

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