Mega Flex Plastics (NSE:MEGAFLEX) Debt-to-EBITDA : 0.38 (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Mega Flex Plastics Debt-to-EBITDA?

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

Mega Flex Plastics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0.0 Mil. Mega Flex Plastics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹5.6 Mil. Mega Flex Plastics's annualized EBITDA for the quarter that ended in Sep. 2024 was ₹14.6 Mil. Mega Flex Plastics's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.38.

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 Mega Flex Plastics's Debt-to-EBITDA or its related term are showing as below:

NSE:MEGAFLEX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.07 Med: 0.11 Max: 0.2
Current: 0.2

During the past 5 years, the highest Debt-to-EBITDA Ratio of Mega Flex Plastics was 0.20. The lowest was 0.07. And the median was 0.11.

NSE:MEGAFLEX's Debt-to-EBITDA is ranked better than
90.45% of 335 companies
in the Packaging & Containers industry
Industry Median: 2.75 vs NSE:MEGAFLEX: 0.20

Mega Flex Plastics Debt-to-EBITDA Historical Data

The historical data trend for Mega Flex Plastics'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.

Mega Flex Plastics Debt-to-EBITDA Chart

Mega Flex Plastics Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

0.07

0.15

Mega Flex Plastics Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-EBITDA	Get a 7-Day Free Trial				0.01	-	0.01	-	0.38

Competitive Comparison of Mega Flex Plastics's Debt-to-EBITDA

For the Packaging & Containers subindustry, Mega Flex Plastics'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.

Mega Flex Plastics's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Mega Flex Plastics's Debt-to-EBITDA falls into.

Mega Flex Plastics Debt-to-EBITDA Calculation

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

Mega Flex Plastics'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
	=	(0	+	0)	/	23.102
	=	0.00

Mega Flex Plastics'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
	=	(0	+	5.594)	/	14.592
	=	0.38

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 two times the quarterly (Sep. 2024) EBITDA data.

Mega Flex Plastics (NSE:MEGAFLEX) 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.

Mega Flex Plastics Debt-to-EBITDA Related Terms

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

Mega Flex Plastics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Mega Flex Plastics Ltd (NSE:MEGAFLEX) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

4, Ho Chi Minh Sarani, Suite-2A, 2nd Floor, Kolkata, WB, IND, 700071

Website

https://www.megaflex.co.in

Mega Flex Plastics Ltd is engaged in manufacturing Leno Bags which are used for packaging agricultural products like potatoes, onions, garlic, coconuts, fruits, and vegetables. The company is also manufacturing Woven Fabric and Sutli (Fibrillated Twisted Thread). The company is also engaged in trading Polypropylene Granules. The company is currently engaged in single-segment business through various distributors and brand names such as Gold Flex, Leno Flex, Tiger, Tiranga, Kisan, and Phantom.

Mega Flex Plastics Headlines

No Headlines