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Haldyn Glass (BOM:515147) Debt-to-EBITDA : 1.36 (As of Mar. 2024)


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What is Haldyn Glass Debt-to-EBITDA?

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

Haldyn Glass's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹547 Mil. Haldyn Glass's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹683 Mil. Haldyn Glass's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹902 Mil. Haldyn Glass's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.36.

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 Haldyn Glass's Debt-to-EBITDA or its related term are showing as below:

BOM:515147' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.05   Med: 0.27   Max: 2.02
Current: 2.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of Haldyn Glass was 2.02. The lowest was 0.05. And the median was 0.27.

BOM:515147's Debt-to-EBITDA is ranked better than
59.5% of 321 companies
in the Packaging & Containers industry
Industry Median: 2.55 vs BOM:515147: 2.02

Haldyn Glass Debt-to-EBITDA Historical Data

The historical data trend for Haldyn Glass'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.

Haldyn Glass Debt-to-EBITDA Chart

Haldyn Glass Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.24 0.55 1.12 2.02

Haldyn Glass 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 1.47 - 3.68 - 1.36

Competitive Comparison of Haldyn Glass's Debt-to-EBITDA

For the Packaging & Containers subindustry, Haldyn Glass'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.


Haldyn Glass's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

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

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



Haldyn Glass Debt-to-EBITDA Calculation

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

Haldyn Glass'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
=(546.502 + 682.96) / 607.899
=2.02

Haldyn Glass'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
=(546.502 + 682.96) / 902.052
=1.36

* 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.


Haldyn Glass  (BOM:515147) 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.


Haldyn Glass Debt-to-EBITDA Related Terms

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


Haldyn Glass (BOM:515147) Business Description

Traded in Other Exchanges
N/A
Address
Off Western Express Highway, B-1201, Lotus Corporate Park, Goregaon (East), Mumbai, MH, IND, 400063
Haldyn Glass Ltd is engaged in the business of manufacturing glass containers and bottles. It manufactures Vials which are used in the pharmaceutical industry, and Clear bottles which are used in the liquor manufacturing industry, cosmetics industry, and the food and beverages industry. The company has one business segment namely, Glass bottles / containers. The company generates the majority of its revenue within India.

Haldyn Glass (BOM:515147) Headlines

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