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Blue Star (BOM:500067) Debt-to-EBITDA : 0.24 (As of Mar. 2024)


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What is Blue Star Debt-to-EBITDA?

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

Blue Star's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,884 Mil. Blue Star's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹545 Mil. Blue Star's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹10,182 Mil. Blue Star's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.24.

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

BOM:500067' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.34   Med: 1.4   Max: 3.27
Current: 0.34

During the past 13 years, the highest Debt-to-EBITDA Ratio of Blue Star was 3.27. The lowest was 0.34. And the median was 1.40.

BOM:500067's Debt-to-EBITDA is ranked better than
85% of 1307 companies
in the Construction industry
Industry Median: 2.31 vs BOM:500067: 0.34

Blue Star Debt-to-EBITDA Historical Data

The historical data trend for Blue Star'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.

Blue Star Debt-to-EBITDA Chart

Blue Star 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 1.64 1.70 1.47 0.95 0.34

Blue Star 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 0.46 - 1.60 - 0.24

Competitive Comparison of Blue Star's Debt-to-EBITDA

For the Building Products & Equipment subindustry, Blue Star'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.


Blue Star's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Blue Star's Debt-to-EBITDA distribution charts can be found below:

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



Blue Star Debt-to-EBITDA Calculation

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

Blue Star'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
=(1884 + 545.3) / 7128.7
=0.34

Blue Star'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
=(1884 + 545.3) / 10182.4
=0.24

* 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.


Blue Star  (BOM:500067) 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.


Blue Star Debt-to-EBITDA Related Terms

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


Blue Star (BOM:500067) Business Description

Traded in Other Exchanges
Address
254 D, Dr Annie Besant Road, Band Box House, 4th Floor, Worli, Mumbai, MH, IND, 400 030
Blue Star Ltd is an India-based air conditioning and commercial refrigeration company. It serves corporate, commercial, and residential entities. The company's operating segment includes Electro-Mechanical Projects and Commercial Air Conditioning Systems; Unitary Products and Professional Electronics and Industrial Systems. It generates maximum revenue from the Electro-Mechanical Projects and Commercial Air-conditioning Systems segment which includes central air-conditioning projects, Electrical Contracting business, and Packaged air-conditioning businesses including manufacturing and after-sales service.

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