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Saiham Cotton Mills (DHA:SAIHAMCOT) Debt-to-EBITDA : 4.00 (As of Mar. 2024)


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What is Saiham Cotton Mills Debt-to-EBITDA?

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

Saiham Cotton Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BDT2,822 Mil. Saiham Cotton Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BDT255 Mil. Saiham Cotton Mills's annualized EBITDA for the quarter that ended in Mar. 2024 was BDT770 Mil. Saiham Cotton Mills's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 4.00.

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 Saiham Cotton Mills's Debt-to-EBITDA or its related term are showing as below:

DHA:SAIHAMCOT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.25   Med: 6.46   Max: 8.29
Current: 4.25

During the past 9 years, the highest Debt-to-EBITDA Ratio of Saiham Cotton Mills was 8.29. The lowest was 4.25. And the median was 6.46.

DHA:SAIHAMCOT's Debt-to-EBITDA is ranked worse than
64.01% of 817 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.82 vs DHA:SAIHAMCOT: 4.25

Saiham Cotton Mills Debt-to-EBITDA Historical Data

The historical data trend for Saiham Cotton 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.

Saiham Cotton Mills Debt-to-EBITDA Chart

Saiham Cotton Mills Annual Data
Trend Apr15 Apr16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 4.83 7.96 6.92 4.45 8.29

Saiham Cotton Mills 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 17.26 7.36 6.93 4.83 4.00

Competitive Comparison of Saiham Cotton Mills's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Saiham Cotton 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.


Saiham Cotton Mills's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Saiham Cotton Mills's Debt-to-EBITDA falls into.



Saiham Cotton Mills Debt-to-EBITDA Calculation

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

Saiham Cotton 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
=(3932.51 + 425.505) / 525.689
=8.29

Saiham Cotton Mills'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
=(2822.072 + 255.292) / 769.62
=4.00

* 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 (Mar. 2024) EBITDA data.


Saiham Cotton Mills  (DHA:SAIHAMCOT) 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.


Saiham Cotton Mills Debt-to-EBITDA Related Terms

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


Saiham Cotton Mills (DHA:SAIHAMCOT) Business Description

Traded in Other Exchanges
N/A
Address
House No. 34, Road No. 136, Gulshan-1, Saiham Tower, Block No. SE (C)-1, 11th Floor, Dhaka, BGD, 1212
Saiham Cotton Mills Ltd manufactures and sells cotton yarns for the export-oriented knitting industry. It offers auto coned electronically cleared cotton carded and combed grey yarn in Bangladesh. Carded, Combed, Organic KH, Organic CH, and CMIA are among the company's products.

Saiham Cotton Mills (DHA:SAIHAMCOT) Headlines

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