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Bannari Amman Spinning Mills (BOM:532674) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Bannari Amman Spinning Mills Debt-to-EBITDA?

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

Bannari Amman Spinning Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Bannari Amman Spinning Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Bannari Amman Spinning Mills's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹922 Mil. Bannari Amman Spinning Mills'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 Bannari Amman Spinning Mills's Debt-to-EBITDA or its related term are showing as below:

BOM:532674' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.07   Med: 5.99   Max: 11.07
Current: 8.42

During the past 13 years, the highest Debt-to-EBITDA Ratio of Bannari Amman Spinning Mills was 11.07. The lowest was 3.07. And the median was 5.99.

BOM:532674's Debt-to-EBITDA is ranked worse than
84.69% of 810 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.81 vs BOM:532674: 8.42

Bannari Amman Spinning Mills Debt-to-EBITDA Historical Data

The historical data trend for Bannari Amman Spinning Mills'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.

Bannari Amman Spinning Mills Debt-to-EBITDA Chart

Bannari Amman Spinning Mills 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 5.86 6.12 7.29 3.07 11.07

Bannari Amman Spinning Mills 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 - 26.61 - 6.59 -

Competitive Comparison of Bannari Amman Spinning Mills's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Bannari Amman Spinning Mills'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.


Bannari Amman Spinning Mills's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Bannari Amman Spinning Mills's Debt-to-EBITDA falls into.



Bannari Amman Spinning Mills Debt-to-EBITDA Calculation

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

Bannari Amman Spinning Mills'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
=(3126.926 + 3082.264) / 560.926
=11.07

Bannari Amman Spinning Mills'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) / 921.772
=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.


Bannari Amman Spinning Mills  (BOM:532674) 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.


Bannari Amman Spinning Mills Debt-to-EBITDA Related Terms

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


Bannari Amman Spinning Mills (BOM:532674) Business Description

Traded in Other Exchanges
Address
252, Mettupalayam Road, Coimbatore, TN, IND, 641 043
Bannari Amman Spinning Mills Ltd is engaged in the manufacturing of grey woven fabrics, knitted fabrics, and cotton yarn. The company is also engaged in the business of processing fabrics, garments and wind power generation for captive consumption. It operates through the Textiles segment. Its divisions include Spinning, Weaving, Knitting, Processing, Garments, Home Textiles and Wind. The products offered by the company include Mercerised polos, Hoodies, Bed linen set, Baby bath towels and Baby duvet cover. Geographically, the group has a business presence in India and other countries, from which key revenue is derived within India.

Bannari Amman Spinning Mills (BOM:532674) Headlines

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