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Quality Foils (India) (NSE:QFIL) Debt-to-EBITDA : 5.66 (As of Mar. 2024)


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What is Quality Foils (India) Debt-to-EBITDA?

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

Quality Foils (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹213 Mil. Quality Foils (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹134 Mil. Quality Foils (India)'s annualized EBITDA for the quarter that ended in Mar. 2024 was ₹61 Mil. Quality Foils (India)'s annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 5.66.

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 Quality Foils (India)'s Debt-to-EBITDA or its related term are showing as below:

NSE:QFIL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.82   Med: 6.17   Max: 7.13
Current: 5.87

During the past 5 years, the highest Debt-to-EBITDA Ratio of Quality Foils (India) was 7.13. The lowest was 4.82. And the median was 6.17.

NSE:QFIL's Debt-to-EBITDA is ranked worse than
76.51% of 481 companies
in the Steel industry
Industry Median: 2.92 vs NSE:QFIL: 5.87

Quality Foils (India) Debt-to-EBITDA Historical Data

The historical data trend for Quality Foils (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.

Quality Foils (India) Debt-to-EBITDA Chart

Quality Foils (India) Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
6.17 6.84 7.13 4.82 5.87

Quality Foils (India) Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial N/A 3.49 6.93 5.61 5.66

Competitive Comparison of Quality Foils (India)'s Debt-to-EBITDA

For the Steel subindustry, Quality Foils (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.


Quality Foils (India)'s Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Quality Foils (India)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Quality Foils (India)'s Debt-to-EBITDA falls into.



Quality Foils (India) Debt-to-EBITDA Calculation

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

Quality Foils (India)'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
=(212.692 + 134.312) / 59.081
=5.87

Quality Foils (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
=(212.692 + 134.312) / 61.314
=5.66

* 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 two times the quarterly (Mar. 2024) EBITDA data.


Quality Foils (India)  (NSE:QFIL) 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.


Quality Foils (India) Debt-to-EBITDA Related Terms

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


Quality Foils (India) Business Description

Traded in Other Exchanges
N/A
Address
3, Industrial Development Colony, Hisar, HR, IND, 125005
Quality Foils (India) Ltd is engaged in the manufacturing and exporting of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hoses/pipes. The products of the company are sold both in the domestic as well as international markets.

Quality Foils (India) Headlines

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