Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Aastha SpintexNSE:AASTHA -0.66%19 Debt-to-EBITDA is 1.88 as of Mar. 2025, which is 14% below its 10-year median of 2.19. GuruFocus rates NSE:AASTHA with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 834 Manufacturing - Apparel & Accessories companies, Aastha Spintex ranks better than 59.95% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Aastha Spintex's Debt-to-EBITDA or its related term are showing as below:
NSE:AASTHA'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.88 Med: 2.19 Max: 5.64
Current: 1.88
During the past 3 years, the highest Debt-to-EBITDA Ratio of Aastha Spintex was 5.64. The lowest was 1.88. And the median was 2.19.
NSE:AASTHA's Debt-to-EBITDA is ranked better than 59.95% of 834
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.715
vs NSE:AASTHA: 1.88
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.
Aastha Spintex Debt-to-EBITDA Related Terms
Aastha Spintex Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Aastha Spintex'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.
For the Textile Manufacturing subindustry, Aastha Spintex'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.
Aastha Spintex Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aastha Spintex's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Aastha Spintex's Debt-to-EBITDA falls into.
* 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 one times the quarterly (Mar. 2025) EBITDA data.
Aastha Spintex (NSE:AASTHA) has a Debt-to-EBITDA of 1.88 as of Mar. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Aastha Spintex. This is 14% below median its historical median of 2.19. Over the past decade, Aastha Spintex's Debt-to-EBITDA has ranged from 1.88 to 5.64. According to the industry distribution chart, Aastha Spintex ranks #334 out of 834 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 40%.
Is Aastha Spintex's Debt-to-EBITDA too high?
Aastha Spintex's current Debt-to-EBITDA of 1.88 is 14% below median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 5.64. The Manufacturing - Apparel & Accessories industry median Debt-to-EBITDA is 2.72. Aastha Spintex's value of 1.88 is 30.8% below this industry median. Based on the distribution chart, Aastha Spintex ranks #334 out of 834 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Aastha Spintex has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Aastha Spintex's Debt-to-EBITDA compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Aastha Spintex ranks #334 out of 834 companies for Debt-to-EBITDA. This puts Aastha Spintex in the upper half of its industry. The industry median Debt-to-EBITDA is 2.72. Aastha Spintex's value of 1.88 is 30.8% below this benchmark. Historically, Aastha Spintex's own Debt-to-EBITDA has ranged from 1.88 to 5.64 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 2.72, Aastha Spintex has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Manufacturing - Apparel & Accessories company?
The median Debt-to-EBITDA among Manufacturing - Apparel & Accessories companies is 2.72, based on 834 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aastha Spintex's current Debt-to-EBITDA of 1.88 is 30.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Aastha Spintex. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-EBITDA is 2.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aastha Spintex's current Debt-to-EBITDA is 1.88, which is 14% below median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aastha Spintex stock overvalued right now?
Aastha Spintex (NSE:AASTHA) has a current Debt-to-EBITDA of 1.88. The current Debt-to-EBITDA is 1.88, which is 14% below median its 10-year median of 2.19 and 30.8% below the Manufacturing - Apparel & Accessories industry median of 2.72. Aastha Spintex's overall GF Score™ is 19/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Aastha Spintex (NSE:AASTHA), the current Debt-to-EBITDA is 1.88 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Aastha Spintex Ltd is engaged in the business of manufacturing and trading of carded, combed and compact combed cotton yarns and cotton bales. Its cotton bales are used for captive consumption in yarn production and are also supplied to other spinning units. The company's cotton yarn products are used in knitting and weaving applications across end-use segments including denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics. The majority of the company's revenue is derived from the sale of Cotton Yarn.
19GF Score
Get the complete analysis for NSE:AASTHA
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:AASTHA has been successfully added to your 
