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Mozaffar Hossain Spinning Mills (DHA:MHSML) Debt-to-EBITDA : 6.17 (As of Dec. 2023)


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What is Mozaffar Hossain Spinning Mills Debt-to-EBITDA?

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

Mozaffar Hossain Spinning Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT2,388 Mil. Mozaffar Hossain Spinning Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT1,789 Mil. Mozaffar Hossain Spinning Mills's annualized EBITDA for the quarter that ended in Dec. 2023 was BDT677 Mil. Mozaffar Hossain Spinning Mills's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 6.17.

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 Mozaffar Hossain Spinning Mills's Debt-to-EBITDA or its related term are showing as below:

DHA:MHSML' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.44   Med: 3.88   Max: 79.53
Current: 7.12

During the past 12 years, the highest Debt-to-EBITDA Ratio of Mozaffar Hossain Spinning Mills was 79.53. The lowest was 0.44. And the median was 3.88.

DHA:MHSML's Debt-to-EBITDA is ranked worse than
79.63% of 810 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.84 vs DHA:MHSML: 7.12

Mozaffar Hossain Spinning Mills Debt-to-EBITDA Historical Data

The historical data trend for Mozaffar Hossain Spinning Mills'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.

Mozaffar Hossain Spinning Mills Debt-to-EBITDA Chart

Mozaffar Hossain Spinning Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.36 79.53 8.80 4.90 6.58

Mozaffar Hossain Spinning Mills 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 5.31 6.08 9.07 6.26 6.17

Competitive Comparison of Mozaffar Hossain Spinning Mills's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Mozaffar Hossain Spinning Mills'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.


Mozaffar Hossain Spinning Mills's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Mozaffar Hossain Spinning Mills's Debt-to-EBITDA falls into.



Mozaffar Hossain Spinning Mills Debt-to-EBITDA Calculation

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

Mozaffar Hossain Spinning Mills's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2011.967 + 1886.622) / 592.754
=6.58

Mozaffar Hossain Spinning Mills'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
=(2387.655 + 1788.986) / 677.14
=6.17

* 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.


Mozaffar Hossain Spinning Mills  (DHA:MHSML) 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.


Mozaffar Hossain Spinning Mills Debt-to-EBITDA Related Terms

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


Mozaffar Hossain Spinning Mills (DHA:MHSML) Business Description

Traded in Other Exchanges
N/A
Address
House No. 315, Road No. 04, DOHS, Baridhara, Dhaka, BGD, 1206
Mozaffar Hossain Spinning Mills Ltd is a manufacturer and seller of woven fabrics and cotton yarn. The products of the company are sold at domestic market as deemed exporter delivered to the export oriented companies.

Mozaffar Hossain Spinning Mills (DHA:MHSML) Headlines

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