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Shubham Polyspin (BOM:542019) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Shubham Polyspin Debt-to-EBITDA?

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

Shubham Polyspin's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Shubham Polyspin's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Shubham Polyspin's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹31.1 Mil. Shubham Polyspin's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

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 Shubham Polyspin's Debt-to-EBITDA or its related term are showing as below:

BOM:542019' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.85   Med: 3.99   Max: 10.62
Current: 2.87

During the past 10 years, the highest Debt-to-EBITDA Ratio of Shubham Polyspin was 10.62. The lowest was 2.85. And the median was 3.99.

BOM:542019's Debt-to-EBITDA is ranked worse than
50.63% of 798 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.84 vs BOM:542019: 2.87

Shubham Polyspin Debt-to-EBITDA Historical Data

The historical data trend for Shubham Polyspin'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.

Shubham Polyspin Debt-to-EBITDA Chart

Shubham Polyspin Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.16 3.82 3.55 4.18 2.99

Shubham Polyspin Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 3.60 - 2.42 -

Competitive Comparison of Shubham Polyspin's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Shubham Polyspin'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.


Shubham Polyspin's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Shubham Polyspin's Debt-to-EBITDA falls into.



Shubham Polyspin Debt-to-EBITDA Calculation

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

Shubham Polyspin'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
=(64.785 + 39.598) / 34.875
=2.99

Shubham Polyspin's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 31.064
=0.00

* 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 four times the quarterly (Dec. 2023) EBITDA data.


Shubham Polyspin  (BOM:542019) 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.


Shubham Polyspin Debt-to-EBITDA Related Terms

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


Shubham Polyspin (BOM:542019) Business Description

Traded in Other Exchanges
N/A
Address
Jetpura - Basantpura Road, Block No. 748, Saket Industrial Estate, Near Kaneria Oil Mill, Village Borisana, Taluka Kadi, Mahesana, GJ, IND, 382728
Shubham Polyspin Ltd is an India based textile company. The company is engaged in the manufacturing of Multifilament yarns. Its products offerings include Polypropylene multifilament yarn (twisted and air intermingled yarn), Shubhlon bag closing threads, and PP webbings and narrow woven fabrics. The company operates in India and sells products under the brand name Shubhlon.

Shubham Polyspin (BOM:542019) Headlines

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