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Sturdy Industries (BOM:530611) Debt-to-EBITDA : -16.10 (As of Mar. 2024)


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What is Sturdy Industries Debt-to-EBITDA?

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

Sturdy Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,764.20 Mil. Sturdy Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Sturdy Industries's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹-109.60 Mil. Sturdy Industries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -16.10.

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

BOM:530611' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -227.08   Med: -15.06   Max: 90.21
Current: -227.08

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sturdy Industries was 90.21. The lowest was -227.08. And the median was -15.06.

BOM:530611's Debt-to-EBITDA is ranked worse than
100% of 531 companies
in the Metals & Mining industry
Industry Median: 1.98 vs BOM:530611: -227.08

Sturdy Industries Debt-to-EBITDA Historical Data

The historical data trend for Sturdy 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.

Sturdy Industries Debt-to-EBITDA Chart

Sturdy 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 -0.91 -8.57 -112.10 -56.80 -18.55

Sturdy Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - 319.50 - - -16.10

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

For the Aluminum subindustry, Sturdy 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.


Sturdy Industries's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sturdy Industries's Debt-to-EBITDA distribution charts can be found below:

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



Sturdy Industries Debt-to-EBITDA Calculation

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

Sturdy 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
=(1764.2 + 0) / -95.1
=-18.55

Sturdy 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
=(1764.2 + 0) / -109.6
=-16.10

* 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.


Sturdy Industries  (BOM:530611) 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.


Sturdy Industries Debt-to-EBITDA Related Terms

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


Sturdy Industries (BOM:530611) Business Description

Traded in Other Exchanges
N/A
Address
Plot Number 45, Sector 1, Solan, Parwanoo, HP, IND, 173220
Sturdy Industries Ltd is an India based company engaged in the manufacture and trade of aluminum panels and pipe fittings. The company's operating segment includes Plastic Pipes and Fitting; Aluminum; and Trading. It generates maximum revenue from the Aluminum segment. The company's product categories include Aluminium Panel; Sprinkler Irrigation; Drip Irrigation; Wire Rods; Bare Aluminium Electrical Conductors; and Aerial Bunched Cables.

Sturdy Industries (BOM:530611) Headlines

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