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Modern Threads (India) (BOM:500282) Debt-to-EBITDA : 0.00 (As of Dec. 2024)


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What is Modern Threads (India) Debt-to-EBITDA?

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

Modern Threads (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0 Mil. Modern Threads (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0 Mil. Modern Threads (India)'s annualized EBITDA for the quarter that ended in Dec. 2024 was ₹62 Mil. Modern Threads (India)'s annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 0.00.

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 Modern Threads (India)'s Debt-to-EBITDA or its related term are showing as below:

BOM:500282' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.21   Med: 15.59   Max: 32.36
Current: 0.21

During the past 9 years, the highest Debt-to-EBITDA Ratio of Modern Threads (India) was 32.36. The lowest was 0.21. And the median was 15.59.

BOM:500282's Debt-to-EBITDA is ranked better than
91.72% of 809 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.56 vs BOM:500282: 0.21

Modern Threads (India) Debt-to-EBITDA Historical Data

The historical data trend for Modern Threads (India)'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.

Modern Threads (India) Debt-to-EBITDA Chart

Modern Threads (India) Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 6.68 32.36 14.65 - -

Modern Threads (India) Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - 0.44 -

Competitive Comparison of Modern Threads (India)'s Debt-to-EBITDA

For the Textile Manufacturing subindustry, Modern Threads (India)'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.


Modern Threads (India)'s Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Modern Threads (India)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Modern Threads (India)'s Debt-to-EBITDA falls into.


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Modern Threads (India) Debt-to-EBITDA Calculation

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

Modern Threads (India)'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
=(0.005 + 0.051) / 329.309
=0.00

Modern Threads (India)'s annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 62.084
=0.00

* 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 (Dec. 2024) EBITDA data.


Modern Threads (India)  (BOM:500282) 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.


Modern Threads (India) Debt-to-EBITDA Related Terms

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Modern Threads (India) Business Description

Traded in Other Exchanges
Address
Unit: Modern Woollens, Hamirgarh Road, Pragati Path, Near Transport Nagar, Bhilwara, RJ, IND, 311001
Modern Threads (India) Ltd manufactures and exports carpet yarn. Its operating segment includes Woollen, Yarn and others. The company generates maximum revenue from the Woollen segment. The woollen segment includes Worsted Yarn and Wool Tops. Its Yarn segment includes Synthetic Yarn. The business derives revenue mainly from the sale of Wool Yarn, Wool Tops and Synthetic Yarn. Geographically, it derives a majority of its revenue from India.

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