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Everest Kanto Cylinder (NSE:EKC) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Everest Kanto Cylinder Debt-to-EBITDA?

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

Everest Kanto Cylinder's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Everest Kanto Cylinder's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Everest Kanto Cylinder's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹2,184 Mil. Everest Kanto Cylinder'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 Everest Kanto Cylinder's Debt-to-EBITDA or its related term are showing as below:

NSE:EKC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -26.95   Med: 3.12   Max: 1245.1
Current: 0.39

During the past 13 years, the highest Debt-to-EBITDA Ratio of Everest Kanto Cylinder was 1245.10. The lowest was -26.95. And the median was 3.12.

NSE:EKC's Debt-to-EBITDA is ranked better than
77.9% of 2290 companies
in the Industrial Products industry
Industry Median: 1.72 vs NSE:EKC: 0.39

Everest Kanto Cylinder Debt-to-EBITDA Historical Data

The historical data trend for Everest Kanto Cylinder'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.

Everest Kanto Cylinder Debt-to-EBITDA Chart

Everest Kanto Cylinder 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 3.70 3.31 1.06 0.31 0.82

Everest Kanto Cylinder Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.59 - 0.44 -

Competitive Comparison of Everest Kanto Cylinder's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Everest Kanto Cylinder'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.


Everest Kanto Cylinder's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Everest Kanto Cylinder's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Everest Kanto Cylinder's Debt-to-EBITDA falls into.



Everest Kanto Cylinder Debt-to-EBITDA Calculation

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

Everest Kanto Cylinder'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
=(972.981 + 219.847) / 1447.36
=0.82

Everest Kanto Cylinder'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) / 2184.4
=0.00

* 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 (Dec. 2023) EBITDA data.


Everest Kanto Cylinder  (NSE:EKC) 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.


Everest Kanto Cylinder Debt-to-EBITDA Related Terms

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


Everest Kanto Cylinder (NSE:EKC) Business Description

Traded in Other Exchanges
Address
Free Press Journal Marg, 204, Raheja Centre, 214, Nariman Point, Mumbai, MH, IND, 400021
Everest Kanto Cylinder Ltd manufactures and fabricates metal products, except machinery and equipment. The firm is also engaged in the manufacture of high-pressure seamless gas cylinders and other cylinders, equipment, appliances, and tanks with their parts and accessories used for containing and storage of liquefied petroleum gases and other gases, liquids, and air. Its products include Industrial Cylinders, Billet Cylinder, Plate Cylinder, compressed natural gas (CNG) Cylinders, Breathing Air Cylinder, Medical Cylinders, Beverage Cylinders, and Accumulators. The company also offers a range of allied products, such as Cylinder Valves, Valve Protection Guards; Protection Caps, Trolleys, Medical Equipment, seamless cylinders for fire-fighting. Most of its revenue comes from India.

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