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Black Rose Industries (BOM:514183) Debt-to-EBITDA : 0.12 (As of Mar. 2024)


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What is Black Rose Industries Debt-to-EBITDA?

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

Black Rose Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹21 Mil. Black Rose Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹21 Mil. Black Rose Industries's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹353 Mil. Black Rose Industries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.12.

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

BOM:514183' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.13   Med: 0.97   Max: 6.12
Current: 0.13

During the past 13 years, the highest Debt-to-EBITDA Ratio of Black Rose Industries was 6.12. The lowest was 0.13. And the median was 0.97.

BOM:514183's Debt-to-EBITDA is ranked better than
90.94% of 1214 companies
in the Chemicals industry
Industry Median: 2.355 vs BOM:514183: 0.13

Black Rose Industries Debt-to-EBITDA Historical Data

The historical data trend for Black Rose 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.

Black Rose Industries Debt-to-EBITDA Chart

Black Rose Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.42 0.30 0.32 0.13

Black Rose Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.32 - 0.14 - 0.12

Competitive Comparison of Black Rose Industries's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Black Rose 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.


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

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

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



Black Rose Industries Debt-to-EBITDA Calculation

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

Black Rose Industries's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(21.037 + 21.21) / 326.53
=0.13

Black Rose Industries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(21.037 + 21.21) / 353.316
=0.12

* 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 (Mar. 2024) EBITDA data.


Black Rose Industries  (BOM:514183) 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.


Black Rose Industries Debt-to-EBITDA Related Terms

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


Black Rose Industries (BOM:514183) Business Description

Traded in Other Exchanges
N/A
Address
145/A, Mittal Towers, Nariman Point, Mumbai, MH, IND, 400021
Black Rose Industries Ltd is engaged in the business of chemical distribution and chemical manufacturing. It operates through two segments: Chemicals and Others. The Chemical distribution business consists mainly of import and sales of specialty and performance chemicals. Its product offerings consist of speciality chemical, Flocculants, cyanoacrylate adhesives, polymer additives, Acrylamide. The majority of the company's revenue is generated from the Chemicals segment. The company's export function mainly focuses on promoting Indian-made chemicals in other countries mainly Japan, Korea, and China.

Black Rose Industries (BOM:514183) Headlines

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