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Suryalakshmi Cotton Mills (BOM:521200) Debt-to-EBITDA : 3.57 (As of Mar. 2024)


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What is Suryalakshmi Cotton Mills Debt-to-EBITDA?

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

Suryalakshmi Cotton Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,578 Mil. Suryalakshmi Cotton Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹681 Mil. Suryalakshmi Cotton Mills's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹633 Mil. Suryalakshmi Cotton Mills's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.57.

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

BOM:521200' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3   Med: 4   Max: 11.04
Current: 4.16

During the past 13 years, the highest Debt-to-EBITDA Ratio of Suryalakshmi Cotton Mills was 11.04. The lowest was 3.00. And the median was 4.00.

BOM:521200's Debt-to-EBITDA is ranked worse than
63.59% of 813 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.77 vs BOM:521200: 4.16

Suryalakshmi Cotton Mills Debt-to-EBITDA Historical Data

The historical data trend for Suryalakshmi Cotton 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.

Suryalakshmi Cotton Mills Debt-to-EBITDA Chart

Suryalakshmi Cotton Mills Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.04 6.21 3.00 3.15 4.16

Suryalakshmi Cotton Mills Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.82 - 4.71 - 3.57

Competitive Comparison of Suryalakshmi Cotton Mills's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Suryalakshmi Cotton 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.


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

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

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



Suryalakshmi Cotton Mills Debt-to-EBITDA Calculation

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

Suryalakshmi Cotton Mills's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1577.789 + 681.243) / 542.473
=4.16

Suryalakshmi Cotton Mills's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1577.789 + 681.243) / 632.888
=3.57

* 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 (Mar. 2024) EBITDA data.


Suryalakshmi Cotton Mills  (BOM:521200) 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.


Suryalakshmi Cotton Mills Debt-to-EBITDA Related Terms

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


Suryalakshmi Cotton Mills (BOM:521200) Business Description

Traded in Other Exchanges
Address
105, Sardar Patel Road, 6th Floor, Surya Towers, Secunderabad, TG, IND, 500003
Suryalakshmi Cotton Mills Ltd is an original denim manufacturer which has an integrated business model. The company operates in various business segments that include Spinning and Denim out of which the Spinning segment generates maximum revenue for the company.

Suryalakshmi Cotton Mills (BOM:521200) Headlines

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