Technopack Polymers (BOM:543656) Debt-to-EBITDA : 1.77 (As of Sep. 2023)

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What is Technopack Polymers Debt-to-EBITDA?

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

Technopack Polymers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹27.1 Mil. Technopack Polymers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹43.0 Mil. Technopack Polymers's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹39.5 Mil. Technopack Polymers's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 1.77.

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

BOM:543656' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.61 Med: 3.06 Max: 5.08
Current: 1.82

During the past 4 years, the highest Debt-to-EBITDA Ratio of Technopack Polymers was 5.08. The lowest was 0.61. And the median was 3.06.

BOM:543656's Debt-to-EBITDA is ranked better than
61.99% of 321 companies
in the Packaging & Containers industry
Industry Median: 2.55 vs BOM:543656: 1.82

Technopack Polymers Debt-to-EBITDA Historical Data

The historical data trend for Technopack Polymers'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.

Technopack Polymers Debt-to-EBITDA Chart

Technopack Polymers Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

5.08

1.05

0.61

Technopack Polymers Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	N/A	-	0.61	1.77

Competitive Comparison of Technopack Polymers's Debt-to-EBITDA

For the Packaging & Containers subindustry, Technopack Polymers'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.

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

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

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

Technopack Polymers Debt-to-EBITDA Calculation

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

Technopack Polymers'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
	=	(17.03	+	6.075)	/	38.092
	=	0.61

Technopack Polymers's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(27.079	+	42.976)	/	39.49
	=	1.77

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 (Sep. 2023) EBITDA data.

Technopack Polymers (BOM:543656) 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.

Technopack Polymers Debt-to-EBITDA Related Terms

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

Technopack Polymers (BOM:543656) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Technopack Polymers Ltd (BOM:543656) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rafaleshvar Industrial Estate, Near Rafaleshvar Railway Track, Morbi, Jambudiya District, Rajkot, GJ, IND, 363642

Website

https://www.technopackltd.com

Technopack Polymers Ltd is a manufacturer and supplier of flexible plastic and paper products for FMCG packaging. The Company's main business activity is manufacturing CCM Caps and closures and Pet Preforms.

Technopack Polymers (BOM:543656) Headlines

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