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British Polythene Industries (LSE:BPI) Debt-to-EBITDA : 1.06 (As of Dec. 2015)


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What is British Polythene Industries Debt-to-EBITDA?

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

British Polythene Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2015 was £0.0 Mil. British Polythene Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2015 was £32.6 Mil. British Polythene Industries's annualized EBITDA for the quarter that ended in Dec. 2015 was £30.8 Mil. British Polythene Industries's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2015 was 1.06.

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 British Polythene Industries's Debt-to-EBITDA or its related term are showing as below:

LSE:BPI's Debt-to-EBITDA is not ranked *
in the Packaging & Containers industry.
Industry Median: 2.5
* Ranked among companies with meaningful Debt-to-EBITDA only.

British Polythene Industries Debt-to-EBITDA Historical Data

The historical data trend for British Polythene Industries'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.

British Polythene Industries Debt-to-EBITDA Chart

British Polythene Industries Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.50 0.90 0.64 0.83

British Polythene Industries Semi-Annual Data
Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15
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 1.26 0.66 0.80 0.65 1.06

Competitive Comparison of British Polythene Industries's Debt-to-EBITDA

For the Packaging & Containers subindustry, British Polythene Industries'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.


British Polythene Industries's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where British Polythene Industries's Debt-to-EBITDA falls into.



British Polythene Industries Debt-to-EBITDA Calculation

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

British Polythene Industries's Debt-to-EBITDA for the fiscal year that ended in Dec. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 32.6) / 39.3
=0.83

British Polythene Industries's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 32.6) / 30.8
=1.06

* 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 (Dec. 2015) EBITDA data.


British Polythene Industries  (LSE:BPI) 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.


British Polythene Industries Debt-to-EBITDA Related Terms

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


British Polythene Industries (LSE:BPI) Business Description

Traded in Other Exchanges
N/A
Address
British Polythene Industries PLC was incorporated on March 16, 1910. It manufactures and supplies polythene films and related products for packaging for the protection of food and other goods. Its products are in use across different market sectors with a focus on agriculture, retail food chain, healthcare and waste services. The Company also engages in recycling of waste polythene film in Europe. The Company has three reportable segments: UK and Ireland, Mainland Europe and North America. UK & Ireland includes all of the UK manufacturing and merchanting activities along with the Irish sales operation which distributes predominately UK manufactured products.It also includes the manufacturing operations in China. Mainland Europe comprises the manufacturing and merchanting activities located in Belgium, the Netherlands and France. North America comprises the manufacturing business in Canada with sales throughout North America and Canada.

British Polythene Industries (LSE:BPI) Headlines

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