Hamid Fabrics (DHA:HFL) Debt-to-EBITDA : -11.01 (As of Mar. 2024)

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What is Hamid Fabrics Debt-to-EBITDA?

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

Hamid Fabrics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BDT703 Mil. Hamid Fabrics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BDT227 Mil. Hamid Fabrics's annualized EBITDA for the quarter that ended in Mar. 2024 was BDT-84 Mil. Hamid Fabrics's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -11.01.

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 Hamid Fabrics's Debt-to-EBITDA or its related term are showing as below:

DHA:HFL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.6 Med: 2.44 Max: 10.36
Current: 6.92

During the past 10 years, the highest Debt-to-EBITDA Ratio of Hamid Fabrics was 10.36. The lowest was 1.60. And the median was 2.44.

DHA:HFL's Debt-to-EBITDA is ranked worse than
80.91% of 812 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.825 vs DHA:HFL: 6.92

Hamid Fabrics Debt-to-EBITDA Historical Data

The historical data trend for Hamid Fabrics'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.

Hamid Fabrics Debt-to-EBITDA Chart

Hamid Fabrics Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-EBITDA

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1.60

2.21

10.36

2.51

2.33

Hamid Fabrics 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															3.91	2.43	3.14	17.32	-11.01

Competitive Comparison of Hamid Fabrics's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Hamid Fabrics'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.

Hamid Fabrics's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Hamid Fabrics Debt-to-EBITDA Calculation

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

Hamid Fabrics's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(650.005	+	35.871)	/	294.079
	=	2.33

Hamid Fabrics'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
	=	(702.665	+	227.283)	/	-84.464
	=	-11.01

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.

Hamid Fabrics (DHA:HFL) 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.

Hamid Fabrics Debt-to-EBITDA Related Terms

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

Hamid Fabrics (DHA:HFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hamid Fabrics PLC (DHA:HFL) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

24, Gulshan C/A, Circle-2, Hamid Tower (7th Floor), Dhaka, BGD, 1212

Website

https://www.mahingroup.com

Hamid Fabrics PLC is a manufacturer of solid-dye fabric for the readymade garment industry. The company's product range includes cotton fabrics as well as blended fabrics such as cotton/polyester, cotton/viscose, nylon/cotton and cotton/lycra. The weaving unit produces grey fabrics in various designs and constructions such as Twill, Canvas, Oxford, Rib stop, Rib cord, Ottoman, Herringbone, and various dobby designs of different weight ranges. The finishing mix of Hamid Fabrics Limited comprises water repellent, fireproof, wrinkle-free, Teflon coating, aero finish and chintz finish. The company caters to the markets in the United States of American and the European Union.

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