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Maksons Spinning Mills (DHA:MAKSONSPIN) Debt-to-EBITDA : 11.94 (As of Mar. 2024)


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What is Maksons Spinning Mills Debt-to-EBITDA?

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

Maksons Spinning Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BDT5,380 Mil. Maksons Spinning Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BDT867 Mil. Maksons Spinning Mills's annualized EBITDA for the quarter that ended in Mar. 2024 was BDT523 Mil. Maksons Spinning Mills's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 11.94.

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

DHA:MAKSONSPIN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -30.62   Med: 5.41   Max: 11.23
Current: -10.42

During the past 13 years, the highest Debt-to-EBITDA Ratio of Maksons Spinning Mills was 11.23. The lowest was -30.62. And the median was 5.41.

DHA:MAKSONSPIN's Debt-to-EBITDA is ranked worse than
100% of 812 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.825 vs DHA:MAKSONSPIN: -10.42

Maksons Spinning Mills Debt-to-EBITDA Historical Data

The historical data trend for Maksons Spinning 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.

Maksons Spinning Mills Debt-to-EBITDA Chart

Maksons Spinning Mills Annual Data
Trend Sep13 Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.20 11.23 3.83 4.00 -30.62

Maksons Spinning 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 -4.16 -2.35 -11.90 -40.35 11.94

Competitive Comparison of Maksons Spinning Mills's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Maksons Spinning 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.


Maksons Spinning Mills's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Maksons Spinning Mills Debt-to-EBITDA Calculation

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

Maksons Spinning Mills'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
=(4462.053 + 924.187) / -175.901
=-30.62

Maksons Spinning 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
=(5380.139 + 866.947) / 523.096
=11.94

* 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.


Maksons Spinning Mills  (DHA:MAKSONSPIN) 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.


Maksons Spinning Mills Debt-to-EBITDA Related Terms

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


Maksons Spinning Mills (DHA:MAKSONSPIN) Business Description

Traded in Other Exchanges
N/A
Address
House No. 17, Road No. 6, Sector No. 1, Uttara Model Town, Dhaka, BGD, 1230
Maksons Spinning Mills Ltd is Bangladesh based company in the production and sale of cotton yarn and also it offers cotton combed and carded yarn to the export-oriented readymade garments and knitting industries. The company's specialties are following Carded Yarn, Organic Yarn (Carded, Combed, Slub, Grey melange), Combed Yarn, Slub Yarn, BCI Yarn, Compact Combed Yarn, Grey Melange Yarn, and slub yarn.

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