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Apt Packaging (BOM:506979) Debt-to-EBITDA : -7.94 (As of Mar. 2024)


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What is Apt Packaging Debt-to-EBITDA?

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

Apt Packaging's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹28.8 Mil. Apt Packaging's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹185.7 Mil. Apt Packaging's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹-27.0 Mil. Apt Packaging's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -7.94.

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 Apt Packaging's Debt-to-EBITDA or its related term are showing as below:

BOM:506979' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -29.66   Med: 5.8   Max: 31.38
Current: -29.66

During the past 8 years, the highest Debt-to-EBITDA Ratio of Apt Packaging was 31.38. The lowest was -29.66. And the median was 5.80.

BOM:506979's Debt-to-EBITDA is ranked worse than
100% of 320 companies
in the Packaging & Containers industry
Industry Median: 2.655 vs BOM:506979: -29.66

Apt Packaging Debt-to-EBITDA Historical Data

The historical data trend for Apt Packaging'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.

Apt Packaging Debt-to-EBITDA Chart

Apt Packaging Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial 5.68 3.07 31.38 9.92 -28.68

Apt Packaging Quarterly Data
Mar17 Mar18 Mar19 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 8.14 - -693.98 - -7.94

Competitive Comparison of Apt Packaging's Debt-to-EBITDA

For the Packaging & Containers subindustry, Apt Packaging'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.


Apt Packaging's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Apt Packaging's Debt-to-EBITDA falls into.



Apt Packaging Debt-to-EBITDA Calculation

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

Apt Packaging'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
=(28.813 + 185.707) / -7.481
=-28.68

Apt Packaging'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
=(28.813 + 185.707) / -27.008
=-7.94

* 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.


Apt Packaging  (BOM:506979) 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.


Apt Packaging Debt-to-EBITDA Related Terms

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


Apt Packaging (BOM:506979) Business Description

Traded in Other Exchanges
N/A
Address
J-18 MIDC, Chikalthana, Aurangabad, MH, IND, 431210
Apt Packaging Ltd is a manufacturer of Co-extruded seamless plastic tubes in India. The company offers packaging tubes of various diameters, layers, decorations, colors, types, caps, and tamper-proof sealing. Geographically the company generates the majority of its revenue from the domestic market from the sale of co-extruded plastic tubes.

Apt Packaging (BOM:506979) Headlines

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