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Shaily Engineering Plastics (BOM:501423) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Shaily Engineering Plastics Debt-to-EBITDA?

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

Shaily Engineering Plastics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Shaily Engineering Plastics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Shaily Engineering Plastics's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹1,318 Mil. Shaily Engineering Plastics's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 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 Shaily Engineering Plastics's Debt-to-EBITDA or its related term are showing as below:

BOM:501423' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.51   Med: 2.08   Max: 3.21
Current: 1.84

During the past 13 years, the highest Debt-to-EBITDA Ratio of Shaily Engineering Plastics was 3.21. The lowest was 1.51. And the median was 2.08.

BOM:501423's Debt-to-EBITDA is ranked better than
55.81% of 1213 companies
in the Chemicals industry
Industry Median: 2.28 vs BOM:501423: 1.84

Shaily Engineering Plastics Debt-to-EBITDA Historical Data

The historical data trend for Shaily Engineering Plastics'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.

Shaily Engineering Plastics Debt-to-EBITDA Chart

Shaily Engineering Plastics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.20 2.26 3.21 1.95 1.94

Shaily Engineering Plastics 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 - 1.77 - 1.97 -

Competitive Comparison of Shaily Engineering Plastics's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Shaily Engineering Plastics'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.


Shaily Engineering Plastics's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shaily Engineering Plastics's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Shaily Engineering Plastics's Debt-to-EBITDA falls into.



Shaily Engineering Plastics Debt-to-EBITDA Calculation

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

Shaily Engineering Plastics's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1236.303 + 633.122) / 963.952
=1.94

Shaily Engineering Plastics'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
=(0 + 0) / 1318.416
=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. 2023) EBITDA data.


Shaily Engineering Plastics  (BOM:501423) 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.


Shaily Engineering Plastics Debt-to-EBITDA Related Terms

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


Shaily Engineering Plastics (BOM:501423) Business Description

Traded in Other Exchanges
Address
Survey No. 363/364/366, At & Post Rania, Taluka Savli, Vadodara, GJ, IND, 391 780
Shaily Engineering Plastics Ltd is engaged in the manufacture and sale of injection molded precision plastic components, sub-assemblies, and other related services. Geographically, it derives a majority of revenue from Outside India. Its business units consist of Healthcare, Personal Care, Consumer, and Automotive Engineering Plastics.

Shaily Engineering Plastics (BOM:501423) Headlines

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