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Huhtamaki India (NSE:HUHTAMAKI) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Huhtamaki India Debt-to-EBITDA?

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

Huhtamaki India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Huhtamaki India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Huhtamaki India's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹1,975 Mil. Huhtamaki India's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.00.

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 Huhtamaki India's Debt-to-EBITDA or its related term are showing as below:

NSE:HUHTAMAKI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.31   Med: 1.67   Max: 4.72
Current: 0.45

During the past 13 years, the highest Debt-to-EBITDA Ratio of Huhtamaki India was 4.72. The lowest was 0.31. And the median was 1.67.

NSE:HUHTAMAKI's Debt-to-EBITDA is ranked better than
86.2% of 326 companies
in the Packaging & Containers industry
Industry Median: 2.55 vs NSE:HUHTAMAKI: 0.45

Huhtamaki India Debt-to-EBITDA Historical Data

The historical data trend for Huhtamaki India'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.

Huhtamaki India Debt-to-EBITDA Chart

Huhtamaki India 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 0.87 1.22 4.72 2.36 0.44

Huhtamaki India 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 - 2.58 - 0.15 -

Competitive Comparison of Huhtamaki India's Debt-to-EBITDA

For the Packaging & Containers subindustry, Huhtamaki India'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.


Huhtamaki India's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Huhtamaki India's Debt-to-EBITDA distribution charts can be found below:

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



Huhtamaki India Debt-to-EBITDA Calculation

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

Huhtamaki India'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
=(75.8 + 2469.9) / 5836.9
=0.44

Huhtamaki India'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
=(0 + 0) / 1974.8
=0.00

* 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.


Huhtamaki India  (NSE:HUHTAMAKI) 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.


Huhtamaki India Debt-to-EBITDA Related Terms

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


Huhtamaki India (NSE:HUHTAMAKI) Business Description

Traded in Other Exchanges
Address
L.B.S. Marg, Majiwade, Thane (West), Thane, MH, IND, 400 601
Huhtamaki India Ltd is engaged in manufacture and sale of packaging material. It offers a hoard of packaging solutions that comprise flexible packaging, including various pouching solutions, labelling technologies, and shrink sleeve solutions. The company operates through consumer packaging segment and focuses on manufacturing finished goods, such as laminates and coated/uncoated paper and films, cartons, shrink sleeves and automotive and industrial products. Its products are used in various flexible packaging applications, which include food and beverages, personal, oral and healthcare, tube laminate, pharma and medical, and other industries which are mainly domestic.

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