Bizotic Commercial (BOM:543926) Debt-to-EBITDA : 0.30 (As of Mar. 2024)

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What is Bizotic Commercial Debt-to-EBITDA?

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

Bizotic Commercial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹12.6 Mil. Bizotic Commercial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹9.0 Mil. Bizotic Commercial's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹72.3 Mil. Bizotic Commercial's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.30.

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 Bizotic Commercial's Debt-to-EBITDA or its related term are showing as below:

BOM:543926' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.17 Med: 1.3 Max: 2.81
Current: 0.42

During the past 6 years, the highest Debt-to-EBITDA Ratio of Bizotic Commercial was 2.81. The lowest was 0.17. And the median was 1.30.

BOM:543926's Debt-to-EBITDA is ranked better than
85.4% of 815 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.77 vs BOM:543926: 0.42

Bizotic Commercial Debt-to-EBITDA Historical Data

The historical data trend for Bizotic Commercial'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.

Bizotic Commercial Debt-to-EBITDA Chart

Bizotic Commercial Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

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2.65

1.30

2.81

0.42

Bizotic Commercial Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	N/A	N/A	0.95	0.30

Competitive Comparison of Bizotic Commercial's Debt-to-EBITDA

For the Apparel Manufacturing subindustry, Bizotic Commercial'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.

Bizotic Commercial's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Bizotic Commercial Debt-to-EBITDA Calculation

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

Bizotic Commercial'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
	=	(12.641	+	8.983)	/	51.755
	=	0.42

Bizotic Commercial'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
	=	(12.641	+	8.983)	/	72.342
	=	0.30

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.

Bizotic Commercial (BOM:543926) 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.

Bizotic Commercial Debt-to-EBITDA Related Terms

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

Bizotic Commercial (BOM:543926) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bizotic Commercial Ltd (BOM:543926) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Khokhra Circle, D-8, Samet Business Park, Near Parishkar, Khokhra, Ahmedabad, GJ, IND, 380008

Website

https://www.urbanunited.in

Bizotic Commercial Ltd manufactures, designs, and markets readymade garments, offering a diverse range of men's Formal Wear, Casual Wear, Party Wear, Fit Wear, Sports Wear, Comfort Wear, Ethnic Wear, and Winter Wear. It serves its customers through the channels of retail stores and e-commerce. its garment manufacturing process includes cutting, stitching, sewing, finishing, inspection, and packing. The company outsources the entire garments manufacturing on a job work basis from third-party contractors from time to time and provides the technical specifications such as designs, pattern, quality, fabric, etc. to them who, based on the specifications, procure the requisite raw materials at their costs and begin the manufacturing process.

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