Gandhar Oil Refinery (India) (BOM:544029) Debt-to-EBITDA : 0.00 (As of Dec. 2023)

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What is Gandhar Oil Refinery (India) Debt-to-EBITDA?

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

Gandhar Oil Refinery (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Gandhar Oil Refinery (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Gandhar Oil Refinery (India)'s annualized EBITDA for the quarter that ended in Dec. 2023 was ₹3,272 Mil. Gandhar Oil Refinery (India)'s annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

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 Gandhar Oil Refinery (India)'s Debt-to-EBITDA or its related term are showing as below:

BOM:544029' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.68 Med: 0.73 Max: 1.99
Current: 1.99

During the past 3 years, the highest Debt-to-EBITDA Ratio of Gandhar Oil Refinery (India) was 1.99. The lowest was 0.68. And the median was 0.73.

BOM:544029's Debt-to-EBITDA is ranked worse than
54.75% of 716 companies
in the Oil & Gas industry
Industry Median: 1.76 vs BOM:544029: 1.99

Gandhar Oil Refinery (India) Debt-to-EBITDA Historical Data

The historical data trend for Gandhar Oil Refinery (India)'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.

Gandhar Oil Refinery (India) Debt-to-EBITDA Chart

Gandhar Oil Refinery (India) Annual Data

Trend

Mar21

Mar22

Mar23

Debt-to-EBITDA

0.85

0.73

0.68

Gandhar Oil Refinery (India) Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	-	1.83	1.18	-

Competitive Comparison of Gandhar Oil Refinery (India)'s Debt-to-EBITDA

For the Oil & Gas Refining & Marketing subindustry, Gandhar Oil Refinery (India)'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.

Gandhar Oil Refinery (India)'s Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gandhar Oil Refinery (India)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Gandhar Oil Refinery (India)'s Debt-to-EBITDA falls into.

Gandhar Oil Refinery (India) Debt-to-EBITDA Calculation

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

Gandhar Oil Refinery (India)'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
	=	(1513.6	+	686.24)	/	3215.72
	=	0.68

Gandhar Oil Refinery (India)'s annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	0)	/	3272.12
	=	0.00

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 (Dec. 2023) EBITDA data.

Gandhar Oil Refinery (India) (BOM:544029) 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.

Gandhar Oil Refinery (India) Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Gandhar Oil Refinery (India)'s Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

Gandhar Oil Refinery (India) (BOM:544029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gandhar Oil Refinery (India) Ltd (BOM:544029) » Definitions » Debt-to-EBITDA

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Traded in Other Exchanges

GANDHAR:India

Address

S.V. Road, 18th floor, DLH Park, Goregaon West, Mumbai, MH, IND, 400 062

Website

https://www.gandharoil.com

Gandhar Oil Refinery (India) Ltd is a manufacturer of white oils with a growing focus on the consumer and healthcare end industries. The Company is engaged in three segments namely, manufacturing and trading of petroleum products/specialty oils, trading of non-coking coal, and providing consignment, del-credere agency services for sale of polymers to local markets.

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