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Shekhawati Poly-Yarn (BOM:533301) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Shekhawati Poly-Yarn Debt-to-EBITDA?

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

Shekhawati Poly-Yarn's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2.2 Mil. Shekhawati Poly-Yarn's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹6.2 Mil. Shekhawati Poly-Yarn's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹5,891.1 Mil. Shekhawati Poly-Yarn's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.00.

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 Shekhawati Poly-Yarn's Debt-to-EBITDA or its related term are showing as below:

BOM:533301' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -119.17   Med: -8.8   Max: 313.42
Current: 0.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of Shekhawati Poly-Yarn was 313.42. The lowest was -119.17. And the median was -8.80.

BOM:533301's Debt-to-EBITDA is ranked better than
99.88% of 814 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.795 vs BOM:533301: 0.01

Shekhawati Poly-Yarn Debt-to-EBITDA Historical Data

The historical data trend for Shekhawati Poly-Yarn'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.

Shekhawati Poly-Yarn Debt-to-EBITDA Chart

Shekhawati Poly-Yarn 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 -17.09 -119.17 -13.33 -16.85 0.01

Shekhawati Poly-Yarn 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 -317.33 - 4.82 - -

Competitive Comparison of Shekhawati Poly-Yarn's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Shekhawati Poly-Yarn'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.


Shekhawati Poly-Yarn's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Shekhawati Poly-Yarn Debt-to-EBITDA Calculation

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

Shekhawati Poly-Yarn'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
=(2.22 + 6.221) / 1624.407
=0.01

Shekhawati Poly-Yarn'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
=(2.22 + 6.221) / 5891.124
=0.00

* 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.


Shekhawati Poly-Yarn  (BOM:533301) 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.


Shekhawati Poly-Yarn Debt-to-EBITDA Related Terms

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


Shekhawati Poly-Yarn (BOM:533301) Business Description

Traded in Other Exchanges
Address
Off. Western Express Highway, Express Zone, 'A' Wing, Unit No. 1102/1103, Patel Vatika, Malad (East), Mumbai, MH, IND, 400 097
Shekhawati Poly-Yarn Ltd is engaged in the business of manufacturing of texturizing yarn, twisting yarn and knitted fabrics. The Company operates through the textile business segment. The firm engages in the manufacture of polyester texturized yarn and fancy yarn used for suiting, shirting, dress materials, sarees, hosiery, knitted fabric, zipper fastener, curtain, industrial cloth, and upholstery. The company caters to both domestic and international markets.

Shekhawati Poly-Yarn (BOM:533301) Headlines

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