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Triveni Turbine (NSE:TRITURBINE) Debt-to-EBITDA : 0.01 (As of Mar. 2024)


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What is Triveni Turbine Debt-to-EBITDA?

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

Triveni Turbine's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹7 Mil. Triveni Turbine's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹24 Mil. Triveni Turbine's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹4,298 Mil. Triveni Turbine's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.01.

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

NSE:TRITURBINE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.02
Current: 0.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of Triveni Turbine was 0.02. The lowest was 0.00. And the median was 0.01.

NSE:TRITURBINE's Debt-to-EBITDA is ranked better than
99.96% of 2290 companies
in the Industrial Products industry
Industry Median: 1.71 vs NSE:TRITURBINE: 0.01

Triveni Turbine Debt-to-EBITDA Historical Data

The historical data trend for Triveni Turbine'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.

Triveni Turbine Debt-to-EBITDA Chart

Triveni Turbine 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 0.02 0.02 0.01 0.01 0.01

Triveni Turbine 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 0.01 - 0.01 - 0.01

Competitive Comparison of Triveni Turbine's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Triveni Turbine'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.


Triveni Turbine's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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



Triveni Turbine Debt-to-EBITDA Calculation

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

Triveni Turbine'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
=(7.1 + 24.1) / 3812
=0.01

Triveni Turbine'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
=(7.1 + 24.1) / 4298.4
=0.01

* 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.


Triveni Turbine  (NSE:TRITURBINE) 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.


Triveni Turbine Debt-to-EBITDA Related Terms

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


Triveni Turbine (NSE:TRITURBINE) Business Description

Traded in Other Exchanges
Address
Express Trade Towers, 8th Floor, 15-16, Sector 16A, Noida, UP, IND, 201301
Triveni Turbine Ltd is an India-based company that supplies power-generating equipment and solutions. The company offers back-pressure and condensing steam turbines, related spare parts, and aftermarket services. In addition, the company owns a partial stake in GE Triveni Limited, a joint venture cofounded by General Electric and Triveni Turbine. This joint venture offers a portfolio of steam turbine products in the global industrial power-generation market. Triveni Turbine's products are used in sectors including sugar, distillery, palm oil, independent power producers, and textiles. The company generates the majority of its sales from the Indian domestic market.

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