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Porwal Auto Components (BOM:532933) Debt-to-EBITDA : 0.46 (As of Mar. 2024)


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What is Porwal Auto Components Debt-to-EBITDA?

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

Porwal Auto Components's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹56 Mil. Porwal Auto Components's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1 Mil. Porwal Auto Components's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹124 Mil. Porwal Auto Components's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.46.

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 Porwal Auto Components's Debt-to-EBITDA or its related term are showing as below:

BOM:532933' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.45   Med: 1.37   Max: 2.94
Current: 0.45

During the past 13 years, the highest Debt-to-EBITDA Ratio of Porwal Auto Components was 2.94. The lowest was 0.45. And the median was 1.37.

BOM:532933's Debt-to-EBITDA is ranked better than
85.34% of 1057 companies
in the Vehicles & Parts industry
Industry Median: 2.35 vs BOM:532933: 0.45

Porwal Auto Components Debt-to-EBITDA Historical Data

The historical data trend for Porwal Auto Components'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.

Porwal Auto Components Debt-to-EBITDA Chart

Porwal Auto Components 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 1.93 1.76 2.94 0.82 0.45

Porwal Auto Components 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 6.37 0.47 0.71 0.37 0.46

Competitive Comparison of Porwal Auto Components's Debt-to-EBITDA

For the Auto Parts subindustry, Porwal Auto Components'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.


Porwal Auto Components's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Porwal Auto Components's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Porwal Auto Components's Debt-to-EBITDA falls into.



Porwal Auto Components Debt-to-EBITDA Calculation

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

Porwal Auto Components'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
=(56.188 + 1.088) / 127.784
=0.45

Porwal Auto Components'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
=(56.188 + 1.088) / 123.632
=0.46

* 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.


Porwal Auto Components  (BOM:532933) 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.


Porwal Auto Components Debt-to-EBITDA Related Terms

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


Porwal Auto Components (BOM:532933) Business Description

Traded in Other Exchanges
N/A
Address
Plot number 209 & 215, Sector Number 1, Industrial Area, District Dhar, Pithampur, MP, IND, 454775
Porwal Auto Components Ltd is a manufacturer of automobile components based in India. The company is involved in manufacture of ductile iron, grey cast iron steel, steel alloy casting components and subassemblies. It serves to the sectors like automobile, engineering, pumps and valves, agriculture and tractor equipment, construction equipment, machine tools, railways, and others. The products of the company include components for automobile, railway, heavy castings, and earth moving. The operating segment of the company is automobile components manufacturing.

Porwal Auto Components (BOM:532933) Headlines

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