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Garware Technical Fibres (BOM:509557) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Garware Technical Fibres Debt-to-EBITDA?

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

Garware Technical Fibres's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Garware Technical Fibres's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Garware Technical Fibres's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹2,588 Mil. Garware Technical Fibres's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

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 Garware Technical Fibres's Debt-to-EBITDA or its related term are showing as below:

BOM:509557' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.32   Med: 0.52   Max: 0.89
Current: 0.39

During the past 13 years, the highest Debt-to-EBITDA Ratio of Garware Technical Fibres was 0.89. The lowest was 0.32. And the median was 0.52.

BOM:509557's Debt-to-EBITDA is ranked better than
86.79% of 810 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.84 vs BOM:509557: 0.39

Garware Technical Fibres Debt-to-EBITDA Historical Data

The historical data trend for Garware Technical Fibres'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.

Garware Technical Fibres Debt-to-EBITDA Chart

Garware Technical Fibres Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.64 0.43 0.32 0.53

Garware Technical Fibres Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.40 - 0.37 -

Competitive Comparison of Garware Technical Fibres's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Garware Technical Fibres'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.


Garware Technical Fibres's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Garware Technical Fibres's Debt-to-EBITDA falls into.



Garware Technical Fibres Debt-to-EBITDA Calculation

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

Garware Technical Fibres'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
=(1329.553 + 5.98) / 2536.804
=0.53

Garware Technical Fibres's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 2588.188
=0.00

* 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 (Dec. 2023) EBITDA data.


Garware Technical Fibres  (BOM:509557) 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.


Garware Technical Fibres Debt-to-EBITDA Related Terms

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


Garware Technical Fibres (BOM:509557) Business Description

Traded in Other Exchanges
Address
Plot No. 11, Block D - 1, MIDC, Chinchwad, Pune, MH, IND, 411019
Garware Technical Fibres Ltd is involved in the textile business. The firm provides application-focused solutions for various sectors including deep-sea fishing, aquaculture, shipping, agriculture, sports, infrastructure, and transportation. Its operating segment includes Synthetic Cordage and Fibre and Industrial Products and Projects. The company generates maximum revenue from the Synthetic Cordage segment. Its products include ropes, twine, yarn, fishnet, and other nets.

Garware Technical Fibres (BOM:509557) Headlines

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