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Patspin India (BOM:514326) Debt-to-EBITDA : 0.00 (As of Jun. 2024)


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What is Patspin India Debt-to-EBITDA?

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

Patspin India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₹0.00 Mil. Patspin India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₹0.00 Mil. Patspin India's annualized EBITDA for the quarter that ended in Jun. 2024 was ₹8.00 Mil. Patspin India's annualized Debt-to-EBITDA for the quarter that ended in Jun. 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 Patspin India's Debt-to-EBITDA or its related term are showing as below:

BOM:514326' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -64.17   Med: 5.12   Max: 18.21
Current: 13.13

During the past 13 years, the highest Debt-to-EBITDA Ratio of Patspin India was 18.21. The lowest was -64.17. And the median was 5.12.

BOM:514326's Debt-to-EBITDA is ranked worse than
90.4% of 823 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.7 vs BOM:514326: 13.13

Patspin India Debt-to-EBITDA Historical Data

The historical data trend for Patspin 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.

Patspin India Debt-to-EBITDA Chart

Patspin India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -47.14 -17.08 7.89 -64.17 18.21

Patspin India Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - -89.31 - 4.19 -

Competitive Comparison of Patspin India's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Patspin 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.


Patspin India's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Patspin India Debt-to-EBITDA Calculation

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

Patspin 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
=(200.02 + 533.47) / 40.28
=18.21

Patspin India's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

* 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 (Jun. 2024) EBITDA data.


Patspin India  (BOM:514326) 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.


Patspin India Debt-to-EBITDA Related Terms

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


Patspin India Business Description

Traded in Other Exchanges
N/A
Address
43/46, 4th Floor, Mittal Chambers, 228, Nariman Point, Mumbai, MH, IND, 400 021
Patspin India Ltd is an India based company engaged in the business of manufacturing and export of combed cotton yarns. Its only segment being the Textile industry. The yarn is manufactured from long and extra-long staple cotton like American Supima, Egyptian Giza, Shankar-6, and DCH-32. The company manufactures yarns of various counts ranging from NE 20s to NE 100s.

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