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Royal Ceramics Lanka (COL:RCL.N0000) Debt-to-EBITDA : 1.68 (As of Mar. 2024)


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What is Royal Ceramics Lanka Debt-to-EBITDA?

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

Royal Ceramics Lanka's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was රු13,998 Mil. Royal Ceramics Lanka's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was රු10,248 Mil. Royal Ceramics Lanka's annualized EBITDA for the quarter that ended in Mar. 2024 was රු14,403 Mil. Royal Ceramics Lanka's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.68.

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 Royal Ceramics Lanka's Debt-to-EBITDA or its related term are showing as below:

COL:RCL.N0000' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.71   Med: 1.45   Max: 2.58
Current: 1.42

During the past 13 years, the highest Debt-to-EBITDA Ratio of Royal Ceramics Lanka was 2.58. The lowest was 0.71. And the median was 1.45.

COL:RCL.N0000's Debt-to-EBITDA is ranked better than
63.94% of 1309 companies
in the Construction industry
Industry Median: 2.32 vs COL:RCL.N0000: 1.42

Royal Ceramics Lanka Debt-to-EBITDA Historical Data

The historical data trend for Royal Ceramics Lanka'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.

Royal Ceramics Lanka Debt-to-EBITDA Chart

Royal Ceramics Lanka 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 2.58 0.79 0.71 0.96 1.42

Royal Ceramics Lanka Quarterly Data
Jun19 Sep19 Dec19 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 1.08 1.81 1.10 0.76 1.68

Competitive Comparison of Royal Ceramics Lanka's Debt-to-EBITDA

For the Building Products & Equipment subindustry, Royal Ceramics Lanka'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.


Royal Ceramics Lanka's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Royal Ceramics Lanka's Debt-to-EBITDA distribution charts can be found below:

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



Royal Ceramics Lanka Debt-to-EBITDA Calculation

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

Royal Ceramics Lanka'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
=(13997.704 + 10248.448) / 17046.337
=1.42

Royal Ceramics Lanka'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
=(13997.704 + 10248.448) / 14402.908
=1.68

* 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.


Royal Ceramics Lanka  (COL:RCL.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.


Royal Ceramics Lanka Debt-to-EBITDA Related Terms

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


Royal Ceramics Lanka (COL:RCL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 20, R.A. De Mel Mawatha, Colombo, LKA, 03
Royal Ceramics Lanka PLC is engaged in the manufacture and marketing of porcelain and ceramic tiles, wall tiles, floor tiles along with sanitary ware and the holding of investments. The group is organized into business units based on its products and services and has seven reportable segments, as follows: Tiles and Associated Items, Packaging, Sanitary Ware, Plantation, Finance, Aluminum Products, and Other. It generates maximum revenue from the Tiles and Associated Items segment. Geographically, it derives a majority of revenue from Sri Lanka.

Royal Ceramics Lanka (COL:RCL.N0000) Headlines

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