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N R Spuntech Industries (XTAE:SPNTC) Debt-to-EBITDA : 1.85 (As of Dec. 2023)


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What is N R Spuntech Industries Debt-to-EBITDA?

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

N R Spuntech Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪114.4 Mil. N R Spuntech Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪77.4 Mil. N R Spuntech Industries's annualized EBITDA for the quarter that ended in Dec. 2023 was ₪103.7 Mil. N R Spuntech Industries's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.85.

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 N R Spuntech Industries's Debt-to-EBITDA or its related term are showing as below:

XTAE:SPNTC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.5   Med: 2.96   Max: 8.28
Current: 2.12

During the past 12 years, the highest Debt-to-EBITDA Ratio of N R Spuntech Industries was 8.28. The lowest was 1.50. And the median was 2.96.

XTAE:SPNTC's Debt-to-EBITDA is ranked better than
57.42% of 815 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.77 vs XTAE:SPNTC: 2.12

N R Spuntech Industries Debt-to-EBITDA Historical Data

The historical data trend for N R Spuntech 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.

N R Spuntech Industries Debt-to-EBITDA Chart

N R Spuntech Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.48 1.50 2.30 8.28 2.12

N R Spuntech Industries 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 20.04 3.89 2.18 1.99 1.85

Competitive Comparison of N R Spuntech Industries's Debt-to-EBITDA

For the Textile Manufacturing subindustry, N R Spuntech 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.


N R Spuntech Industries's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where N R Spuntech Industries's Debt-to-EBITDA falls into.



N R Spuntech Industries Debt-to-EBITDA Calculation

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

N R Spuntech Industries's Debt-to-EBITDA for the fiscal year 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
=(114.439 + 77.426) / 90.322
=2.12

N R Spuntech Industries'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
=(114.439 + 77.426) / 103.688
=1.85

* 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.


N R Spuntech Industries  (XTAE:SPNTC) 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.


N R Spuntech Industries Debt-to-EBITDA Related Terms

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


N R Spuntech Industries (XTAE:SPNTC) Business Description

Traded in Other Exchanges
N/A
Address
PO Box 3328, Upper Tiberias, ISR, 14133
N R Spuntech Industries Ltd is a developer, manufacturer and supplier of rolled spunlace hydroentangled fabric products. Its provides products for household, medical, cosmetics and feminine care, baby, industrial. Its products include dry wipes, disinfecting wipes, glass wipes, bleach wipes, pads, face masks, baby wipes, hard surface scrubbing wipes.

N R Spuntech Industries (XTAE:SPNTC) Headlines

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