Mohini Health & Hygiene (NSE:MHHL) Debt-to-EBITDA : 1.97 (As of Mar. 2023)

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What is Mohini Health & Hygiene Debt-to-EBITDA?

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

Mohini Health & Hygiene's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹198 Mil. Mohini Health & Hygiene's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹82 Mil. Mohini Health & Hygiene's annualized EBITDA for the quarter that ended in Mar. 2023 was ₹142 Mil. Mohini Health & Hygiene's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 1.97.

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 Mohini Health & Hygiene's Debt-to-EBITDA or its related term are showing as below:

NSE:MHHL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.52 Med: 2.6 Max: 3
Current: 1.52

During the past 7 years, the highest Debt-to-EBITDA Ratio of Mohini Health & Hygiene was 3.00. The lowest was 1.52. And the median was 2.60.

NSE:MHHL's Debt-to-EBITDA is ranked better than
66.99% of 818 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.8 vs NSE:MHHL: 1.52

Mohini Health & Hygiene Debt-to-EBITDA Historical Data

The historical data trend for Mohini Health & Hygiene'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.

Mohini Health & Hygiene Debt-to-EBITDA Chart

Mohini Health & Hygiene Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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2.64

2.58

2.54

2.62

1.52

Mohini Health & Hygiene Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Debt-to-EBITDA	Get a 7-Day Free Trial							4.28	2.13	2.88	1.27	1.97

Competitive Comparison of Mohini Health & Hygiene's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Mohini Health & Hygiene'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.

Mohini Health & Hygiene's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Mohini Health & Hygiene's Debt-to-EBITDA falls into.

Mohini Health & Hygiene Debt-to-EBITDA Calculation

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

Mohini Health & Hygiene's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(197.927	+	81.694)	/	183.896
	=	1.52

Mohini Health & Hygiene's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(197.927	+	81.694)	/	141.71
	=	1.97

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 (Mar. 2023) EBITDA data.

Mohini Health & Hygiene (NSE:MHHL) 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.

Mohini Health & Hygiene Debt-to-EBITDA Related Terms

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

Mohini Health & Hygiene (NSE:MHHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mohini Health & Hygiene Ltd (NSE:MHHL) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

Plot No. 109, Sector 3 Industrial Area, Pithampur, Dhar, MP, IND, 454774

Website

https://www.mohinihealthandhygiene.com

Mohini Health & Hygiene Ltd is a manufacturer and exporter of cotton fibre and yarn. It manufactures absorbent cotton used for medical purposes. Some of its products include Surgical Bleached Absorbent Cotton, Cotton Balls, Zig Zag Cotton, Cotton Ear Buds, and Gamjee Rolls. The company generates revenue both from Domestic and International markets and generates a majority of its revenue from Exports.

Mohini Health & Hygiene (NSE:MHHL) Headlines

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