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Beach Hatchery (DHA:BEACHHATCH) Debt-to-EBITDA : 0.24 (As of Dec. 2023)


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What is Beach Hatchery Debt-to-EBITDA?

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

Beach Hatchery's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT24.3 Mil. Beach Hatchery's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT21.2 Mil. Beach Hatchery's annualized EBITDA for the quarter that ended in Dec. 2023 was BDT188.6 Mil. Beach Hatchery's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.24.

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 Beach Hatchery's Debt-to-EBITDA or its related term are showing as below:

DHA:BEACHHATCH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -44.44   Med: -4.36   Max: 3.66
Current: 0.63

During the past 12 years, the highest Debt-to-EBITDA Ratio of Beach Hatchery was 3.66. The lowest was -44.44. And the median was -4.36.

DHA:BEACHHATCH's Debt-to-EBITDA is ranked better than
74.61% of 1426 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs DHA:BEACHHATCH: 0.63

Beach Hatchery Debt-to-EBITDA Historical Data

The historical data trend for Beach Hatchery'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.

Beach Hatchery Debt-to-EBITDA Chart

Beach Hatchery Annual Data
Trend Dec13 Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.02 -7.42 -44.44 3.66 0.75

Beach Hatchery Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 1.08 - N/A 0.46 0.24

Competitive Comparison of Beach Hatchery's Debt-to-EBITDA

For the Farm Products subindustry, Beach Hatchery'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.


Beach Hatchery's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

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



Beach Hatchery Debt-to-EBITDA Calculation

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

Beach Hatchery's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(24.272 + 21.169) / 60.729
=0.75

Beach Hatchery'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
=(24.272 + 21.169) / 188.564
=0.24

* 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.


Beach Hatchery  (DHA:BEACHHATCH) 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.


Beach Hatchery Debt-to-EBITDA Related Terms

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


Beach Hatchery (DHA:BEACHHATCH) Business Description

Traded in Other Exchanges
N/A
Address
113, Kazi Nazrul lslam Avenue, Concord Tower, 9th floor, Bangla Motor, Dhaka, BGD, 1000
Beach Hatchery Ltd is engaged in the production of shrimp fry for selling it in local markets. The company has its factory located in Moheshkhalipara, Teknaf Sea beach, Teknaf, Cox's Bazar, Bangladesh. It produces shrimp fry in 6-7 cycles.

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