Rain Industries (BOM:500339) Debt-to-EBITDA : -16.13 (As of Dec. 2023)

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What is Rain Industries Debt-to-EBITDA?

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

Rain Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹9,686 Mil. Rain Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹77,216 Mil. Rain Industries's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹-5,387 Mil. Rain Industries's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -16.13.

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 Rain Industries's Debt-to-EBITDA or its related term are showing as below:

BOM:500339' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -16.13 Med: 4.43 Max: 7.99
Current: -16.13

During the past 13 years, the highest Debt-to-EBITDA Ratio of Rain Industries was 7.99. The lowest was -16.13. And the median was 4.43.

BOM:500339's Debt-to-EBITDA is ranked worse than
100% of 1213 companies
in the Chemicals industry
Industry Median: 2.31 vs BOM:500339: -16.13

Rain Industries Debt-to-EBITDA Historical Data

The historical data trend for Rain Industries'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.

Rain Industries Debt-to-EBITDA Chart

Rain Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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4.87

4.20

3.36

2.71

7.99

Rain Industries Semi-Annual Data
	Mar05	Mar06	Mar07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial														17.18	11.28	16.41	14.44	-16.13

Competitive Comparison of Rain Industries's Debt-to-EBITDA

For the Chemicals subindustry, Rain Industries'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.

Rain Industries's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rain Industries's Debt-to-EBITDA distribution charts can be found below:

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

Rain Industries Debt-to-EBITDA Calculation

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

Rain Industries's Debt-to-EBITDA for the fiscal year 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
	=	(9685.69	+	77216.08)	/	10880.55
	=	7.99

Rain Industries'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
	=	(9685.69	+	77216.08)	/	-5386.82
	=	-16.13

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 one times the quarterly (Dec. 2023) EBITDA data.

Rain Industries (BOM:500339) 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.

Rain Industries Debt-to-EBITDA Related Terms

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

Rain Industries (BOM:500339) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rain Industries Ltd (BOM:500339) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

RAIN:India

Address

34, Srinagar Colony, Rain Center, Hyderabad, TG, IND, 500073

Website

https://www.rain-industries.com

Rain Industries Ltd engages in the production of cement and other related products. The group operates through three segments namely Carbon Products, Advanced Materials, and Cement. The product portfolio of the group consists of Calcined Petroleum Coke, Green Petroleum Coke, Coal Tar Pitch, Co-generated Energy and other derivatives of coal tar distillation. In addition, it also focuses on the downstream operations of coal tar distillation and modifiers and is also involved in the manufacture and sale of cement. Geographically, the business of the firm is spread across the region of Europe, the United States, North America, Asia, and others.

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