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Chandrima Mercantiles (BOM:540829) Debt-to-EBITDA : 0.35 (As of Mar. 2024)


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What is Chandrima Mercantiles Debt-to-EBITDA?

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

Chandrima Mercantiles's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Chandrima Mercantiles's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹32.7 Mil. Chandrima Mercantiles's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹94.4 Mil. Chandrima Mercantiles's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.35.

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 Chandrima Mercantiles's Debt-to-EBITDA or its related term are showing as below:

BOM:540829' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.9   Med: 2   Max: 225.61
Current: 12.46

During the past 11 years, the highest Debt-to-EBITDA Ratio of Chandrima Mercantiles was 225.61. The lowest was -8.90. And the median was 2.00.

BOM:540829's Debt-to-EBITDA is ranked worse than
96.03% of 252 companies
in the Retail - Defensive industry
Industry Median: 2.6 vs BOM:540829: 12.46

Chandrima Mercantiles Debt-to-EBITDA Historical Data

The historical data trend for Chandrima Mercantiles'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.

Chandrima Mercantiles Debt-to-EBITDA Chart

Chandrima Mercantiles 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 -8.90 -0.01 2.00 225.61 12.45

Chandrima Mercantiles 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 -43.02 - -0.32 - 0.35

Competitive Comparison of Chandrima Mercantiles's Debt-to-EBITDA

For the Food Distribution subindustry, Chandrima Mercantiles'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.


Chandrima Mercantiles's Debt-to-EBITDA Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Chandrima Mercantiles's Debt-to-EBITDA distribution charts can be found below:

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



Chandrima Mercantiles Debt-to-EBITDA Calculation

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

Chandrima Mercantiles'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
=(0 + 32.745) / 2.63
=12.45

Chandrima Mercantiles'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
=(0 + 32.745) / 94.44
=0.35

* 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.


Chandrima Mercantiles  (BOM:540829) 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.


Chandrima Mercantiles Debt-to-EBITDA Related Terms

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


Chandrima Mercantiles (BOM:540829) Business Description

Traded in Other Exchanges
N/A
Address
100 Feet Anandnagar Road, B-712 Seven Floor Tiitanium City Center, Near Sachin Tower, Ahmedabad, GJ, IND, 380 015
Chandrima Mercantiles Ltd is engaged in trading in agriculture products.

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