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Indian Metals & Ferro Alloys (NSE:IMFA) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Indian Metals & Ferro Alloys Debt-to-EBITDA?

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

Indian Metals & Ferro Alloys's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Indian Metals & Ferro Alloys's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Indian Metals & Ferro Alloys's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹6,730 Mil. Indian Metals & Ferro Alloys'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 Indian Metals & Ferro Alloys's Debt-to-EBITDA or its related term are showing as below:

NSE:IMFA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.58   Med: 2.52   Max: 9.38
Current: 0.58

During the past 13 years, the highest Debt-to-EBITDA Ratio of Indian Metals & Ferro Alloys was 9.38. The lowest was 0.58. And the median was 2.52.

NSE:IMFA's Debt-to-EBITDA is ranked better than
81.02% of 490 companies
in the Steel industry
Industry Median: 2.615 vs NSE:IMFA: 0.58

Indian Metals & Ferro Alloys Debt-to-EBITDA Historical Data

The historical data trend for Indian Metals & Ferro Alloys'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.

Indian Metals & Ferro Alloys Debt-to-EBITDA Chart

Indian Metals & Ferro Alloys 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 4.05 9.13 1.75 0.60 0.75

Indian Metals & Ferro Alloys 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 - 0.64 - 0.59 -

Competitive Comparison of Indian Metals & Ferro Alloys's Debt-to-EBITDA

For the Steel subindustry, Indian Metals & Ferro Alloys'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.


Indian Metals & Ferro Alloys's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Indian Metals & Ferro Alloys's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Indian Metals & Ferro Alloys's Debt-to-EBITDA falls into.



Indian Metals & Ferro Alloys Debt-to-EBITDA Calculation

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

Indian Metals & Ferro Alloys'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
=(3171.3 + 234) / 4573.5
=0.74

Indian Metals & Ferro Alloys'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) / 6730.4
=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.


Indian Metals & Ferro Alloys  (NSE:IMFA) 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.


Indian Metals & Ferro Alloys Debt-to-EBITDA Related Terms

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


Indian Metals & Ferro Alloys (NSE:IMFA) Business Description

Traded in Other Exchanges
Address
IMFA Building, Bomikhal, P.O. Rasulgarh, Bhubaneswar, OR, IND, 751010
Indian Metals & Ferro Alloys Ltd operates in the ferroalloys business. Its business activity primarily functions through Ferro Alloys, Power, Mining, and Other segments. The company generates maximum revenue from Ferro Alloys segment. Its Ferro Alloys segment focuses on ferro chrome, which imparts the non-corrosive property to stainless steel. Geographically, it derives a majority of revenue from Outside India.

Indian Metals & Ferro Alloys (NSE:IMFA) Headlines

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