Redtape (BOM:543957) Debt-to-EBITDA : 0.00 (As of Dec. 2023)

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What is Redtape Debt-to-EBITDA?

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

Redtape's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Redtape's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Redtape's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹4,334 Mil. Redtape'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 Redtape's Debt-to-EBITDA or its related term are showing as below:

BOM:543957' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1.88
Current: 1.88

During the past 1 years, the highest Debt-to-EBITDA Ratio of Redtape was 1.88. The lowest was 0.00. And the median was 0.00.

BOM:543957's Debt-to-EBITDA is ranked better than
60.39% of 813 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.77 vs BOM:543957: 1.88

Redtape Debt-to-EBITDA Historical Data

The historical data trend for Redtape'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.

Redtape Debt-to-EBITDA Chart

Redtape Annual Data

Trend

Mar22

Debt-to-EBITDA

N/A

Redtape Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			-	-	-	1.96	-

Competitive Comparison of Redtape's Debt-to-EBITDA

For the Footwear & Accessories subindustry, Redtape'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.

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

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

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

Redtape Debt-to-EBITDA Calculation

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

Redtape's Debt-to-EBITDA for the fiscal year that ended in Mar. 2022 is calculated as

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

Redtape'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)	/	4333.6
	=	0.00

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.

Redtape (BOM:543957) 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.

Redtape Debt-to-EBITDA Related Terms

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

Redtape (BOM:543957) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Redtape Ltd (BOM:543957) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

REDTAPE:India

Address

Plot No. 8, Sector 90, Gautam Buddha Nagar, Noida, UP, IND, 201301

Website

https://www.redtape.com

Redtape Ltd Is the finest brand of Footwear and Clothing for Men, Women and Kids. Its clothing and accessories categories with product offerings comprising casual and semi-formal apparel including shirts, t-shirts, trousers, denim, sweaters, jackets and accessories such as belts, socks, handkerchiefs and wallets. The brand also caters to fashion-conscious women and kids with a wide array of products.

Redtape (BOM:543957) Headlines

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