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Rajeshwari Cans (BOM:543285) Debt-to-EBITDA : 1.24 (As of Mar. 2024)


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What is Rajeshwari Cans Debt-to-EBITDA?

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

Rajeshwari Cans's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹5.8 Mil. Rajeshwari Cans's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹31.9 Mil. Rajeshwari Cans's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹30.5 Mil. Rajeshwari Cans's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.24.

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 Rajeshwari Cans's Debt-to-EBITDA or its related term are showing as below:

BOM:543285' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.33   Med: 3.9   Max: 4.11
Current: 1.33

During the past 7 years, the highest Debt-to-EBITDA Ratio of Rajeshwari Cans was 4.11. The lowest was 1.33. And the median was 3.90.

BOM:543285's Debt-to-EBITDA is ranked worse than
52.6% of 327 companies
in the Packaging & Containers industry
Industry Median: 2.5 vs BOM:543285: 1.33

Rajeshwari Cans Debt-to-EBITDA Historical Data

The historical data trend for Rajeshwari Cans'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.

Rajeshwari Cans Debt-to-EBITDA Chart

Rajeshwari Cans Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial 3.95 3.99 3.89 1.94 1.33

Rajeshwari Cans Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.41 3.05 2.03 2.59 1.24

Competitive Comparison of Rajeshwari Cans's Debt-to-EBITDA

For the Packaging & Containers subindustry, Rajeshwari Cans'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.


Rajeshwari Cans's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

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

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



Rajeshwari Cans Debt-to-EBITDA Calculation

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

Rajeshwari Cans'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
=(5.774 + 31.936) / 28.359
=1.33

Rajeshwari Cans'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
=(5.774 + 31.936) / 30.462
=1.24

* 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 two times the quarterly (Mar. 2024) EBITDA data.


Rajeshwari Cans  (BOM:543285) 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.


Rajeshwari Cans Debt-to-EBITDA Related Terms

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


Rajeshwari Cans (BOM:543285) Business Description

Traded in Other Exchanges
N/A
Address
96, Mahagujarat, Industrial Estate, Moraiya, Taluka: Sanand, Nr. Arto Off Print,, Ahmedabad, GJ, IND, 382210
Rajeshwari Cans Ltd is engaged in the business of manufacturing round-printed tin containers of various sizes which are used as packing material. The company supplies tin containers to customers engaged in the business of tobacco manufacturing and paint manufacturing.

Rajeshwari Cans (BOM:543285) Headlines

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