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Loyal Textile Mills (NSE:LOYALTEX) Debt-to-EBITDA : 0.00 (As of Dec. 2024)


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What is Loyal Textile Mills Debt-to-EBITDA?

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

Loyal Textile Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0 Mil. Loyal Textile Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0 Mil. Loyal Textile Mills's annualized EBITDA for the quarter that ended in Dec. 2024 was ₹-532 Mil. Loyal Textile Mills's annualized Debt-to-EBITDA for the quarter that ended in Dec. 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 Loyal Textile Mills's Debt-to-EBITDA or its related term are showing as below:

NSE:LOYALTEX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -16.01   Med: 4.14   Max: 19.46
Current: -16.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of Loyal Textile Mills was 19.46. The lowest was -16.01. And the median was 4.14.

NSE:LOYALTEX's Debt-to-EBITDA is ranked worse than
100% of 810 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.575 vs NSE:LOYALTEX: -16.01

Loyal Textile Mills Debt-to-EBITDA Historical Data

The historical data trend for Loyal Textile Mills'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.

Loyal Textile Mills Debt-to-EBITDA Chart

Loyal Textile Mills 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 4.35 3.30 3.04 9.94 19.46

Loyal Textile Mills Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 10.66 12.68 - -3.81 -

Competitive Comparison of Loyal Textile Mills's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Loyal Textile Mills'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.


Loyal Textile Mills's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Loyal Textile Mills's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Loyal Textile Mills's Debt-to-EBITDA falls into.


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Loyal Textile Mills Debt-to-EBITDA Calculation

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

Loyal Textile Mills'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
=(6221.585 + 0) / 319.77
=19.46

Loyal Textile Mills's annualized Debt-to-EBITDA for the quarter that ended in Dec. 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) / -531.6
=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 (Dec. 2024) EBITDA data.


Loyal Textile Mills  (NSE:LOYALTEX) 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.


Loyal Textile Mills Debt-to-EBITDA Related Terms

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


Loyal Textile Mills Business Description

Traded in Other Exchanges
Address
1st Main Road, No. 83, R. A. Puram, Mandaveli, Chennai, TN, IND, 600028
Loyal Textile Mills Ltd is an India-based company that provides various products and services for the textile and apparel industries. The company is engaged in the manufacturing of yarn, woven fabric, knitted fabric, and technical clothing. The company operates in two business segments that are manufacturing and trading activities. The Company has manufacturing plants at Kovilpatti, Sattur, Cuddalore, Sivagangai in Tamilnadu, Khammam in Telangana, and Naidupeta in Andhra Pradesh.

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