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Sundaram Brake Linings (BOM:590072) Debt-to-EBITDA : 4.18 (As of Mar. 2024)


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What is Sundaram Brake Linings Debt-to-EBITDA?

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

Sundaram Brake Linings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹392 Mil. Sundaram Brake Linings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹50 Mil. Sundaram Brake Linings's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹106 Mil. Sundaram Brake Linings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 4.18.

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 Sundaram Brake Linings's Debt-to-EBITDA or its related term are showing as below:

BOM:590072' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.08   Med: 3.41   Max: 27.64
Current: 2.08

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sundaram Brake Linings was 27.64. The lowest was 2.08. And the median was 3.41.

BOM:590072's Debt-to-EBITDA is ranked better than
55.36% of 1055 companies
in the Vehicles & Parts industry
Industry Median: 2.35 vs BOM:590072: 2.08

Sundaram Brake Linings Debt-to-EBITDA Historical Data

The historical data trend for Sundaram Brake Linings'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.

Sundaram Brake Linings Debt-to-EBITDA Chart

Sundaram Brake Linings 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 2.40 3.39 4.16 11.29 2.08

Sundaram Brake Linings 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 2.57 - 1.56 - 4.18

Competitive Comparison of Sundaram Brake Linings's Debt-to-EBITDA

For the Auto Parts subindustry, Sundaram Brake Linings'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.


Sundaram Brake Linings's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Sundaram Brake Linings's Debt-to-EBITDA falls into.



Sundaram Brake Linings Debt-to-EBITDA Calculation

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

Sundaram Brake Linings'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
=(392.381 + 49.9) / 212.926
=2.08

Sundaram Brake Linings'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
=(392.381 + 49.9) / 105.716
=4.18

* 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.


Sundaram Brake Linings  (BOM:590072) 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.


Sundaram Brake Linings Debt-to-EBITDA Related Terms

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


Sundaram Brake Linings (BOM:590072) Business Description

Traded in Other Exchanges
Address
Padi, Chennai, TN, IND, 600 050
Sundaram Brake Linings Ltd is involved in the manufacture of automotive, non-automotive, railways, and industrial friction materials. Their products are used as raw materials for commercial vehicles, passenger cars, tractors (agricultural), railways, and the two-wheeler industry. Geographically, it derives a majority of revenue from India. The company offers products, including Brake Linings, Clutch Facings, Disc Brake pads, and others. Its only operating segment being friction materials.

Sundaram Brake Linings (BOM:590072) Headlines

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