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Dipped Products (COL:DIPD.N0000) Debt-to-EBITDA : 1.52 (As of Dec. 2024)


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What is Dipped Products Debt-to-EBITDA?

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

Dipped Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was රු9,865 Mil. Dipped Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was රු4,259 Mil. Dipped Products's annualized EBITDA for the quarter that ended in Dec. 2024 was රු9,323 Mil. Dipped Products's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 1.51.

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 Dipped Products's Debt-to-EBITDA or its related term are showing as below:

COL:DIPD.N0000' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.83   Med: 1.61   Max: 2.49
Current: 1.27

During the past 13 years, the highest Debt-to-EBITDA Ratio of Dipped Products was 2.49. The lowest was 0.83. And the median was 1.61.

COL:DIPD.N0000's Debt-to-EBITDA is ranked better than
64.59% of 1206 companies
in the Chemicals industry
Industry Median: 2.335 vs COL:DIPD.N0000: 1.27

Dipped Products Debt-to-EBITDA Historical Data

The historical data trend for Dipped Products'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.

Dipped Products Debt-to-EBITDA Chart

Dipped Products 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 1.71 1.28 1.51 0.83 0.90

Dipped Products Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.20 0.59 1.43 1.03 1.52

Competitive Comparison of Dipped Products's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Dipped Products'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.


Dipped Products's Debt-to-EBITDA Distribution in the Chemicals Industry

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

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


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Dipped Products Debt-to-EBITDA Calculation

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

Dipped Products'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
=(5290.534 + 4300.664) / 10668.372
=0.90

Dipped Products's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(9865.238 + 4259.462) / 9323.332
=1.51

* 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. 2024) EBITDA data.


Dipped Products  (COL:DIPD.N0000) 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.


Dipped Products Debt-to-EBITDA Related Terms

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


Dipped Products Business Description

Traded in Other Exchanges
N/A
Address
400, Deans Road, Colombo, LKA, 10
Dipped Products PLC is a glove manufacturing company based in Sri Lanka. It offers unsupported gloves, supported gloves, and disposable gloves. The company operates through two segments, namely, the Hand Protection segment, which is engaged in the manufacturing and selling of gloves; and the Plantations segment, which owns and manages tea and rubber plantations. It generates the majority of revenue from the Hand Protection segment. Geographically the company operates in Asia/Africa/Middle East, South America, Europe, and North America.

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