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Chothani Foods (BOM:540681) Debt-to-EBITDA : 1.94 (As of Sep. 2023)


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What is Chothani Foods Debt-to-EBITDA?

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

Chothani Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹4.95 Mil. Chothani Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹4.75 Mil. Chothani Foods's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹5.01 Mil. Chothani Foods's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 1.94.

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 Chothani Foods's Debt-to-EBITDA or its related term are showing as below:

BOM:540681' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.87   Med: 2.72   Max: 17.72
Current: 2.08

During the past 10 years, the highest Debt-to-EBITDA Ratio of Chothani Foods was 17.72. The lowest was 1.87. And the median was 2.72.

BOM:540681's Debt-to-EBITDA is ranked better than
50.87% of 1429 companies
in the Consumer Packaged Goods industry
Industry Median: 2.13 vs BOM:540681: 2.08

Chothani Foods Debt-to-EBITDA Historical Data

The historical data trend for Chothani Foods'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.

Chothani Foods Debt-to-EBITDA Chart

Chothani Foods 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 2.28 2.41 3.57 4.48 3.76

Chothani Foods Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 93.58 2.30 4.14 3.80 1.94

Competitive Comparison of Chothani Foods's Debt-to-EBITDA

For the Packaged Foods subindustry, Chothani Foods'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.


Chothani Foods's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chothani Foods's Debt-to-EBITDA distribution charts can be found below:

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



Chothani Foods Debt-to-EBITDA Calculation

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

Chothani Foods'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
=(11.505 + 4.898) / 4.362
=3.76

Chothani Foods's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.95 + 4.745) / 5.01
=1.94

* 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 two times the quarterly (Sep. 2023) EBITDA data.


Chothani Foods  (BOM:540681) 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.


Chothani Foods Debt-to-EBITDA Related Terms

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


Chothani Foods (BOM:540681) Business Description

Traded in Other Exchanges
N/A
Address
Office No. 408, B Wing, Dhamji Shamji Corporate Square, Laxmi Nagar, Ghatkopar East, Mumbai, MH, IND, 400075
Chothani Foods Ltd is engaged in manufacturing and supplying different types of spices. The company has two brands "APPU MASALA" and "GAYATRI MASALA". With more than 30 types of Spices and Masalas like Pav Bhaji Masala, Chaat Masala, Tea Masala, Garam Masala, Sambhar Masala, Punjabi Chole Masala, Biryani and Pulav Masala, Kitchen King Masala and various Powders like Red Chilli Powder, Jeera Powder, White Pepper Powder, Turmeric Powder, etc.

Chothani Foods (BOM:540681) Headlines

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