Goyallt (NSE:GOYALSALT) Debt-to-EBITDA : 1.37 (As of Mar. 2023)

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What is Goyallt Debt-to-EBITDA?

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

Goyallt's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹92 Mil. Goyallt's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹0 Mil. Goyallt's annualized EBITDA for the quarter that ended in Mar. 2023 was ₹67 Mil. Goyallt's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 1.37.

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

NSE:GOYALSALT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.37 Med: 3.13 Max: 4.5
Current: 1.37

During the past 4 years, the highest Debt-to-EBITDA Ratio of Goyallt was 4.50. The lowest was 1.37. And the median was 3.13.

NSE:GOYALSALT's Debt-to-EBITDA is ranked better than
61.65% of 1429 companies
in the Consumer Packaged Goods industry
Industry Median: 2.13 vs NSE:GOYALSALT: 1.37

Goyallt Debt-to-EBITDA Historical Data

The historical data trend for Goyallt'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.

Goyallt Debt-to-EBITDA Chart

Goyallt Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

2.71

4.50

3.55

1.37

Goyallt Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Debt-to-EBITDA	2.71	4.50	3.55	1.37

Competitive Comparison of Goyallt's Debt-to-EBITDA

For the Packaged Foods subindustry, Goyallt'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.

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

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

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

Goyallt Debt-to-EBITDA Calculation

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

Goyallt'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
	=	(92.011	+	0)	/	67.362
	=	1.37

Goyallt's annualized Debt-to-EBITDA for the quarter 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
	=	(92.011	+	0)	/	67.362
	=	1.37

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 one times the quarterly (Mar. 2023) EBITDA data.

Goyallt (NSE:GOYALSALT) 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.

Goyallt Debt-to-EBITDA Related Terms

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

Goyallt (NSE:GOYALSALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Goyal Salt Ltd (NSE:GOYALSALT) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

Plot No. 229-230, Guru Jambeshwar Nagar, Lane No. 7 Gandhi Path, Vaishali Nagar, Jaipur, RJ, IND, 302021

Website

https://www.goyalsaltltd.com

Goyal Salt Ltd is a company which is primarily engaged in the business of refining of raw salts procured from sub soil brine in the state of Rajasthan for useable as industrial salts and edible salts. It refines and supplies pure, refined and quality range of triple refined free flow iodized salt, industrial salt, double fortified salt and triple refined half dry salt.

Goyallt (NSE:GOYALSALT) Headlines

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