Pyramid Technoplast (BOM:543969) Debt-to-EBITDA : 0.43 (As of Mar. 2024)

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What is Pyramid Technoplast Debt-to-EBITDA?

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

Pyramid Technoplast's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹184 Mil. Pyramid Technoplast's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹15 Mil. Pyramid Technoplast's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹467 Mil. Pyramid Technoplast's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.43.

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

BOM:543969' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.41 Med: 1.5 Max: 2.72
Current: 0.41

During the past 5 years, the highest Debt-to-EBITDA Ratio of Pyramid Technoplast was 2.72. The lowest was 0.41. And the median was 1.50.

BOM:543969's Debt-to-EBITDA is ranked better than
86.6% of 321 companies
in the Packaging & Containers industry
Industry Median: 2.59 vs BOM:543969: 0.41

Pyramid Technoplast Debt-to-EBITDA Historical Data

The historical data trend for Pyramid Technoplast'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.

Pyramid Technoplast Debt-to-EBITDA Chart

Pyramid Technoplast Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

2.72

1.66

1.50

1.08

0.41

Pyramid Technoplast Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	0.92	1.13	0.10	0.43

Competitive Comparison of Pyramid Technoplast's Debt-to-EBITDA

For the Packaging & Containers subindustry, Pyramid Technoplast'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.

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

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

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

Pyramid Technoplast Debt-to-EBITDA Calculation

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

Pyramid Technoplast'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
	=	(184.43	+	15.424)	/	487.893
	=	0.41

Pyramid Technoplast'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
	=	(184.43	+	15.424)	/	467.162
	=	0.43

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. 2024) EBITDA data.

Pyramid Technoplast (BOM:543969) 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.

Pyramid Technoplast Debt-to-EBITDA Related Terms

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

Pyramid Technoplast (BOM:543969) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Pyramid Technoplast Ltd (BOM:543969) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

PYRAMID:India

Address

Rani Sati Marg, Office No. 2, Second Floor, Shah Trade Center, Near W.E. Highway, Malad East, Mumbai, MH, IND, 400 067

Website

https://www.pyramidtechnoplast.com

Pyramid Technoplast Ltd is an industrial packaging company engaged in the business of manufacturing polymer-based molded products (Polymer Drums) mainly used by chemical, agrochemical, specialty chemical and pharmaceutical companies for their packaging requirements. It is one of the leading manufacturers of rigid Intermediate Bulk Containers (IBC) in India manufacturing 1,000-litre capacity IBC. IBCs are industrial-grade containers engineered for the mass handling, transport, and storage of liquids, semi-solids, pastes, or solids. The company uses blow molding technology to manufacture Polymer Drums and IBCs.

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