Tapi Fruit Processing (NSE:TAPIFRUIT) Debt-to-EBITDA : 0.67 (As of Sep. 2023)

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What is Tapi Fruit Processing Debt-to-EBITDA?

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

Tapi Fruit Processing's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹2.5 Mil. Tapi Fruit Processing's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹2.4 Mil. Tapi Fruit Processing's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹7.3 Mil. Tapi Fruit Processing's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.67.

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 Tapi Fruit Processing's Debt-to-EBITDA or its related term are showing as below:

NSE:TAPIFRUIT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01 Med: 2.37 Max: 5.12
Current: 0.52

During the past 4 years, the highest Debt-to-EBITDA Ratio of Tapi Fruit Processing was 5.12. The lowest was 0.01. And the median was 2.37.

NSE:TAPIFRUIT's Debt-to-EBITDA is ranked better than
78.71% of 1437 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs NSE:TAPIFRUIT: 0.52

Tapi Fruit Processing Debt-to-EBITDA Historical Data

The historical data trend for Tapi Fruit Processing'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.

Tapi Fruit Processing Debt-to-EBITDA Chart

Tapi Fruit Processing Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

4.70

5.12

0.04

0.01

Tapi Fruit Processing Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial			-	0.02	-178.65	-	0.67

Competitive Comparison of Tapi Fruit Processing's Debt-to-EBITDA

For the Packaged Foods subindustry, Tapi Fruit Processing'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.

Tapi Fruit Processing's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tapi Fruit Processing's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tapi Fruit Processing's Debt-to-EBITDA falls into.

Tapi Fruit Processing Debt-to-EBITDA Calculation

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

Tapi Fruit Processing'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
	=	(0.023	+	0.025)	/	5.719
	=	0.01

Tapi Fruit Processing's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(2.458	+	2.412)	/	7.272
	=	0.67

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. 2023) EBITDA data.

Tapi Fruit Processing (NSE:TAPIFRUIT) 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.

Tapi Fruit Processing Debt-to-EBITDA Related Terms

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

Tapi Fruit Processing (NSE:TAPIFRUIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tapi Fruit Processing Ltd (NSE:TAPIFRUIT) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Varachha Road, Office No. 212 to 214, Sunrise Chambers, Near Ashok Colony, Mini Bazar, Surat, GJ, IND, 395006

Website

https://www.tapifood.com

Tapi Fruit Processing Ltd is a is a manufacturer of Jelly Based Fruit Products such as Candied, Crystallised and Glazed Fruits, Fruit Bar, Fruit Jellies, Fruit Jam and Fruit Leathers, Chutney and Sauces, Beverages, Fruit crush, Fruit Syrups and Nutraceutical products such as vitamin Gummies.

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