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Rajasthan Gases (BOM:526873) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Rajasthan Gases Debt-to-EBITDA?

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

Rajasthan Gases's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Rajasthan Gases's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Rajasthan Gases's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹-0.48 Mil. Rajasthan Gases'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 Rajasthan Gases's Debt-to-EBITDA or its related term are showing as below:

BOM:526873' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -66.49   Med: -12.95   Max: -2.64
Current: -66.49

During the past 13 years, the highest Debt-to-EBITDA Ratio of Rajasthan Gases was -2.64. The lowest was -66.49. And the median was -12.95.

BOM:526873's Debt-to-EBITDA is ranked worse than
100% of 464 companies
in the Utilities - Regulated industry
Industry Median: 3.71 vs BOM:526873: -66.49

Rajasthan Gases Debt-to-EBITDA Historical Data

The historical data trend for Rajasthan Gases'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.

Rajasthan Gases Debt-to-EBITDA Chart

Rajasthan Gases 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 - - -2.64 -24.59 -12.95

Rajasthan Gases 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 - -47.47 - - -

Competitive Comparison of Rajasthan Gases's Debt-to-EBITDA

For the Utilities - Regulated Gas subindustry, Rajasthan Gases'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.


Rajasthan Gases's Debt-to-EBITDA Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rajasthan Gases's Debt-to-EBITDA distribution charts can be found below:

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



Rajasthan Gases Debt-to-EBITDA Calculation

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

Rajasthan Gases'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
=(48.139 + 48.139) / -7.435
=-12.95

Rajasthan Gases'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) / -0.476
=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.


Rajasthan Gases  (BOM:526873) 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.


Rajasthan Gases Debt-to-EBITDA Related Terms

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


Rajasthan Gases (BOM:526873) Business Description

Traded in Other Exchanges
N/A
Address
16 Street Near 33rd Road, 103, Roha Orion, TPS III, Bandra (West), Mumbai, MH, IND, 400050
Rajasthan Gases Ltd is an Indian firm that operates in the petrochemical sector. The company Is engaged in the business line of LPG bottling, distribution, and transportation activites. It is operational in one business segment: natural gases and has only one geographical segment: India.

Rajasthan Gases (BOM:526873) Headlines

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