Indraprastha Gas (BOM:532514) Debt-to-EBITDA : 0.03 (As of Mar. 2024)

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What is Indraprastha Gas Debt-to-EBITDA?

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

Indraprastha Gas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹247 Mil. Indraprastha Gas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹565 Mil. Indraprastha Gas's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹27,303 Mil. Indraprastha Gas's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.03.

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 Indraprastha Gas's Debt-to-EBITDA or its related term are showing as below:

BOM:532514' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03 Med: 0.05 Max: 0.18
Current: 0.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Indraprastha Gas was 0.18. The lowest was 0.03. And the median was 0.05.

BOM:532514's Debt-to-EBITDA is ranked better than
95.91% of 464 companies
in the Utilities - Regulated industry
Industry Median: 3.75 vs BOM:532514: 0.03

Indraprastha Gas Debt-to-EBITDA Historical Data

The historical data trend for Indraprastha Gas'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.

Indraprastha Gas Debt-to-EBITDA Chart

Indraprastha Gas Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

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0.05

0.07

0.05

0.03

Indraprastha Gas 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															0.04	-	0.03	-	0.03

Competitive Comparison of Indraprastha Gas's Debt-to-EBITDA

For the Utilities - Regulated Gas subindustry, Indraprastha Gas'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.

Indraprastha Gas's Debt-to-EBITDA Distribution in the Utilities - Regulated Industry

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

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

Indraprastha Gas Debt-to-EBITDA Calculation

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

Indraprastha Gas'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
	=	(247.1	+	564.6)	/	29656.3
	=	0.03

Indraprastha Gas'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
	=	(247.1	+	564.6)	/	27303.2
	=	0.03

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.

Indraprastha Gas (BOM:532514) 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.

Indraprastha Gas Debt-to-EBITDA Related Terms

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

Indraprastha Gas (BOM:532514) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Indraprastha Gas Ltd (BOM:532514) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

IGL:India

Address

IGL Bhawan, Plot Number 4, Community Centre, Sector-9, R K Puram, New Delhi, IND, 110022

Website

https://www.iglonline.net

Indraprastha Gas Ltd, or IGL, is an Indian utility company that derives nearly all of its revenue from the sale of natural gas. IGL supplies compressed natural gas (CNG) to the transport sector and piped natural gas (PNG) to domestic, industrial, and commercial sector customers. Most of the natural gas sold by IGL is in the form of compressed natural gas. CNG is an alternative to fossil fuels that is distributed from IGL's portfolio of fueling stations to power a variety of vehicles. The vast majority of these CNG stations are located in the Delhi and National Capital Regions. IGL distributes a significant amount of natural gas through its network of pipelines in Delhi and the National Capital Region, as well. The customers served by IGL's PNG business are primarily residential consumers.

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