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Rafhan Maize Product Co (KAR:RMPL) Debt-to-EBITDA : 0.31 (As of Mar. 2024)


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What is Rafhan Maize Product Co Debt-to-EBITDA?

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

Rafhan Maize Product Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨3,435 Mil. Rafhan Maize Product Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨503 Mil. Rafhan Maize Product Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ₨12,797 Mil. Rafhan Maize Product Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.31.

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 Rafhan Maize Product Co's Debt-to-EBITDA or its related term are showing as below:

KAR:RMPL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.09   Max: 0.49
Current: 0.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of Rafhan Maize Product Co was 0.49. The lowest was 0.00. And the median was 0.09.

KAR:RMPL's Debt-to-EBITDA is ranked better than
83.98% of 1436 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs KAR:RMPL: 0.32

Rafhan Maize Product Co Debt-to-EBITDA Historical Data

The historical data trend for Rafhan Maize Product Co'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.

Rafhan Maize Product Co Debt-to-EBITDA Chart

Rafhan Maize Product Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.03 0.09 0.20 0.49

Rafhan Maize Product Co 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 0.08 0.20 0.56 0.75 0.31

Competitive Comparison of Rafhan Maize Product Co's Debt-to-EBITDA

For the Farm Products subindustry, Rafhan Maize Product Co'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.


Rafhan Maize Product Co's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rafhan Maize Product Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Rafhan Maize Product Co's Debt-to-EBITDA falls into.



Rafhan Maize Product Co Debt-to-EBITDA Calculation

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

Rafhan Maize Product Co's Debt-to-EBITDA for the fiscal year 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
=(6041.403 + 352.09) / 13026.098
=0.49

Rafhan Maize Product Co'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
=(3435.138 + 503.219) / 12796.968
=0.31

* 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.


Rafhan Maize Product Co  (KAR:RMPL) 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.


Rafhan Maize Product Co Debt-to-EBITDA Related Terms

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


Rafhan Maize Product Co (KAR:RMPL) Business Description

Traded in Other Exchanges
N/A
Address
Rakh Canal, East Road, P.O. Box 62, Faisalabad, PB, PAK, 38060
Rafhan Maize Product Co Ltd is involved in the business of using maize as the basic raw material to manufacture and sell industrial products. The firm's major products are Industrial Starches, Liquid Glucose, Dextrose, Dextrin, and Gluten Meals. It supplies its products to textiles, pharmaceuticals, paper, food, baking, confectionery, and other industries. The company sells its products in Pakistan and also exports them to other countries, of which key revenue is derived within Pakistan.

Rafhan Maize Product Co (KAR:RMPL) Headlines

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