Srivasavi Adhesive Tapes (NSE:SRIVASAVI) Debt-to-EBITDA : 0.14 (As of Sep. 2023)

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What is Srivasavi Adhesive Tapes Debt-to-EBITDA?

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

Srivasavi Adhesive Tapes's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹11.1 Mil. Srivasavi Adhesive Tapes's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.6 Mil. Srivasavi Adhesive Tapes's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹85.8 Mil. Srivasavi Adhesive Tapes's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.14.

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 Srivasavi Adhesive Tapes's Debt-to-EBITDA or its related term are showing as below:

NSE:SRIVASAVI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.15 Med: 1.1 Max: 2.04
Current: 0.15

During the past 4 years, the highest Debt-to-EBITDA Ratio of Srivasavi Adhesive Tapes was 2.04. The lowest was 0.15. And the median was 1.10.

NSE:SRIVASAVI's Debt-to-EBITDA is ranked better than
89.57% of 1218 companies
in the Chemicals industry
Industry Median: 2.29 vs NSE:SRIVASAVI: 0.15

Srivasavi Adhesive Tapes Debt-to-EBITDA Historical Data

The historical data trend for Srivasavi Adhesive Tapes'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.

Srivasavi Adhesive Tapes Debt-to-EBITDA Chart

Srivasavi Adhesive Tapes Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

2.04

1.18

1.02

0.28

Srivasavi Adhesive Tapes Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	N/A	1.07	0.26	0.14

Competitive Comparison of Srivasavi Adhesive Tapes's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Srivasavi Adhesive Tapes'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.

Srivasavi Adhesive Tapes's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Srivasavi Adhesive Tapes's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Srivasavi Adhesive Tapes's Debt-to-EBITDA falls into.

Srivasavi Adhesive Tapes Debt-to-EBITDA Calculation

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

Srivasavi Adhesive Tapes'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
	=	(4.6	+	12.3)	/	61.1
	=	0.28

Srivasavi Adhesive Tapes'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
	=	(11.136	+	0.579)	/	85.842
	=	0.14

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.

Srivasavi Adhesive Tapes (NSE:SRIVASAVI) 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.

Srivasavi Adhesive Tapes Debt-to-EBITDA Related Terms

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

Srivasavi Adhesive Tapes (NSE:SRIVASAVI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Srivasavi Adhesive Tapes Ltd (NSE:SRIVASAVI) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kodigehalli Main Road, Kodigehalli, 17/2, 2nd Floor, Above Sub Registrar Office, Near Chairman’s Club, Sahakarnagar, Sanjeevini Nagar, Bangalore, KA, IND, 560092

Website

https://www.vasavitapes.com

Srivasavi Adhesive Tapes Ltd is engaged in manufacturing, coating, converting and distribution of Adhesive tapes, Die cuts, Films, Foams and allied products. The company caters to various industries such as Automotive, Locomotives, Aerospace, Defence, Electrical & Electronics, Renewable Energy, Solar, Print & Paper, Food & Pharma, FMCG, White & Brown Goods, Furniture, Retail, Construction, Infrastructure, Sports & Fitness Equipment. The company has two business divisions Domestic Sales and Exports.

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