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S K S Textiles (NSE:SKSTEXTILE) Debt-to-EBITDA : N/A (As of Mar. 2020)


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What is S K S Textiles Debt-to-EBITDA?

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

S K S Textiles's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2020 was ₹499 Mil. S K S Textiles's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2020 was ₹37 Mil. S K S Textiles's annualized EBITDA for the quarter that ended in Mar. 2020 was ₹0 Mil.

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 S K S Textiles's Debt-to-EBITDA or its related term are showing as below:

NSE:SKSTEXTILE's Debt-to-EBITDA is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 2.69
* Ranked among companies with meaningful Debt-to-EBITDA only.

S K S Textiles Debt-to-EBITDA Historical Data

The historical data trend for S K S Textiles'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.

S K S Textiles Debt-to-EBITDA Chart

S K S Textiles Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Debt-to-EBITDA
Get a 7-Day Free Trial 4.13 4.87 4.51 4.76 -13.46

S K S Textiles Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Mar20
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.05 4.29 4.37 4.87 N/A

Competitive Comparison of S K S Textiles's Debt-to-EBITDA

For the Textile Manufacturing subindustry, S K S Textiles'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.


S K S Textiles's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where S K S Textiles's Debt-to-EBITDA falls into.



S K S Textiles Debt-to-EBITDA Calculation

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

S K S Textiles's Debt-to-EBITDA for the fiscal year that ended in Mar. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(498.57 + 37.003) / -39.778
=-13.46

S K S Textiles's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(498.57 + 37.003) / 0
=N/A

* 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. 2020) EBITDA data.


S K S Textiles  (NSE:SKSTEXTILE) 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.


S K S Textiles Debt-to-EBITDA Related Terms

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


S K S Textiles Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Senapati Bapat Marg, Gala No. 431, Keval Industrial Estate, 4th Floor, Lower Parel West, Mumbai, MH, IND, 400013
S K S Textiles Ltd is a textile company. It is engaged in the business of textile manufacturing and trading. The company manufactures grey fabrics and finished fabrics for shirting, suiting, and other accessories for its own brand and for other garment companies.

S K S Textiles Headlines

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