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Rishi Techtex (BOM:523021) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Rishi Techtex Debt-to-EBITDA?

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

Rishi Techtex's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Rishi Techtex's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Rishi Techtex's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹70 Mil. Rishi Techtex'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 Rishi Techtex's Debt-to-EBITDA or its related term are showing as below:

BOM:523021' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.91   Med: 2.56   Max: 4.47
Current: 3.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of Rishi Techtex was 4.47. The lowest was 1.91. And the median was 2.56.

BOM:523021's Debt-to-EBITDA is ranked worse than
61.77% of 327 companies
in the Packaging & Containers industry
Industry Median: 2.59 vs BOM:523021: 3.32

Rishi Techtex Debt-to-EBITDA Historical Data

The historical data trend for Rishi Techtex'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.

Rishi Techtex Debt-to-EBITDA Chart

Rishi Techtex 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 2.32 3.20 4.47 3.65 4.16

Rishi Techtex 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 - 3.84 - 3.52 -

Competitive Comparison of Rishi Techtex's Debt-to-EBITDA

For the Packaging & Containers subindustry, Rishi Techtex'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.


Rishi Techtex's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

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

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



Rishi Techtex Debt-to-EBITDA Calculation

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

Rishi Techtex'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
=(213.92 + 43.531) / 61.904
=4.16

Rishi Techtex'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) / 69.784
=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.


Rishi Techtex  (BOM:523021) 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.


Rishi Techtex Debt-to-EBITDA Related Terms

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


Rishi Techtex (BOM:523021) Business Description

Traded in Other Exchanges
N/A
Address
10/14, Pais Street, 612, Veena Killedar Industrial Estate, Byculla (West), Mumbai, MH, IND, 400011
Rishi Techtex Ltd is a multiproduct company operating in India. It is engaged in the manufacturing of plastic woven, sacks, and shade nets. Its product categories include ShadeNets and Woven Bags. The ShadeNets are utilized as Agriculture/Horticulture Field, Wind Breakers, and Cattle Shed/Poultry Shed. The Woven Bags are suited as Packaging material for Fertilizers, Cement, Plastics Polymers, Chemicals, Bale Coverings, and Salt.

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