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Simmonds Marshall (BOM:507998) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Simmonds Marshall Debt-to-EBITDA?

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

Simmonds Marshall's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Simmonds Marshall's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Simmonds Marshall's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹230 Mil. Simmonds Marshall'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 Simmonds Marshall's Debt-to-EBITDA or its related term are showing as below:

BOM:507998' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -118.37   Med: 1.99   Max: 8.04
Current: 4.05

During the past 13 years, the highest Debt-to-EBITDA Ratio of Simmonds Marshall was 8.04. The lowest was -118.37. And the median was 1.99.

BOM:507998's Debt-to-EBITDA is ranked worse than
74.59% of 2294 companies
in the Industrial Products industry
Industry Median: 1.74 vs BOM:507998: 4.05

Simmonds Marshall Debt-to-EBITDA Historical Data

The historical data trend for Simmonds Marshall'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.

Simmonds Marshall Debt-to-EBITDA Chart

Simmonds Marshall 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 2.38 -118.37 -25.64 8.04 6.44

Simmonds Marshall Quarterly Data
Mar19 Jun19 Sep19 Dec19 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 - 3.99 - 3.65 -

Competitive Comparison of Simmonds Marshall's Debt-to-EBITDA

For the Tools & Accessories subindustry, Simmonds Marshall'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.


Simmonds Marshall's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Simmonds Marshall's Debt-to-EBITDA distribution charts can be found below:

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



Simmonds Marshall Debt-to-EBITDA Calculation

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

Simmonds Marshall'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
=(322.802 + 517.264) / 130.499
=6.44

Simmonds Marshall'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) / 230.428
=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.


Simmonds Marshall  (BOM:507998) 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.


Simmonds Marshall Debt-to-EBITDA Related Terms

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


Simmonds Marshall (BOM:507998) Business Description

Traded in Other Exchanges
N/A
Address
5, Wallace Street, Apeejay Chambers, Fort, Mumbai, MH, IND, 400001
Simmonds Marshall Ltd is a manufacturer of industrial fasteners. It caters to the automotive and industrial sectors and supplies to almost all the major automobile manufacturers in India as original equipment suppliers. The company product range comprises of Cleveloc and all metal self-locking nuts, Dome cap, Slotted and castle, Nylon insert self-locking nuts, Bolts and Studs. It operates in two geographical segments: India and other countries, of which maximum revenue is derived from India.

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