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Eurotex Industries & Exports (NSE:EUROTEXIND) Debt-to-EBITDA : -23.14 (As of Sep. 2024)


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What is Eurotex Industries & Exports Debt-to-EBITDA?

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

Eurotex Industries & Exports's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹330.00 Mil. Eurotex Industries & Exports's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹50.00 Mil. Eurotex Industries & Exports's annualized EBITDA for the quarter that ended in Sep. 2024 was ₹-16.42 Mil. Eurotex Industries & Exports's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -23.14.

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 Eurotex Industries & Exports's Debt-to-EBITDA or its related term are showing as below:

NSE:EUROTEXIND' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -38.45   Med: -4.29   Max: 14.94
Current: -38.45

During the past 13 years, the highest Debt-to-EBITDA Ratio of Eurotex Industries & Exports was 14.94. The lowest was -38.45. And the median was -4.29.

NSE:EUROTEXIND's Debt-to-EBITDA is ranked worse than
100% of 1223 companies
in the Real Estate industry
Industry Median: 6.18 vs NSE:EUROTEXIND: -38.45

Eurotex Industries & Exports Debt-to-EBITDA Historical Data

The historical data trend for Eurotex Industries & Exports'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.

Eurotex Industries & Exports Debt-to-EBITDA Chart

Eurotex Industries & Exports 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 -1.69 -4.37 -6.53 14.94 -19.39

Eurotex Industries & Exports Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -10.39 - 32.94 - -23.14

Competitive Comparison of Eurotex Industries & Exports's Debt-to-EBITDA

For the Real Estate - Development subindustry, Eurotex Industries & Exports'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.


Eurotex Industries & Exports's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Eurotex Industries & Exports's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Eurotex Industries & Exports's Debt-to-EBITDA falls into.



Eurotex Industries & Exports Debt-to-EBITDA Calculation

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

Eurotex Industries & Exports'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
=(330.1 + 0) / -17.024
=-19.39

Eurotex Industries & Exports's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(330 + 50) / -16.424
=-23.14

* 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 (Sep. 2024) EBITDA data.


Eurotex Industries & Exports  (NSE:EUROTEXIND) 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.


Eurotex Industries & Exports Debt-to-EBITDA Related Terms

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


Eurotex Industries & Exports Business Description

Traded in Other Exchanges
Address
213, Nariman Point, 11th Floor, 1110, Raheja Chambers, Mumbai, MH, IND, 400 021
Eurotex Industries & Exports Ltd is engaged in the Cotton Yarn business. It operates in the business segment of Yarn and Real Estate Development Segment. The company generates the majority of its revenue from the Real Estate Development segment. The company exports its product to Japan, the U.K., Italy, Germany, Switzerland, South Korea, Taiwan, Mauritius, and many other parts of the country.

Eurotex Industries & Exports Headlines

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