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Rapicut Carbides (BOM:500360) Debt-to-EBITDA : 0.39 (As of Mar. 2024)


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What is Rapicut Carbides Debt-to-EBITDA?

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

Rapicut Carbides's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹12.5 Mil. Rapicut Carbides's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Rapicut Carbides's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹32.0 Mil. Rapicut Carbides's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.39.

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

BOM:500360' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -14.79   Med: 0.59   Max: 13.72
Current: 0.8

During the past 13 years, the highest Debt-to-EBITDA Ratio of Rapicut Carbides was 13.72. The lowest was -14.79. And the median was 0.59.

BOM:500360's Debt-to-EBITDA is ranked better than
68.41% of 2295 companies
in the Industrial Products industry
Industry Median: 1.72 vs BOM:500360: 0.80

Rapicut Carbides Debt-to-EBITDA Historical Data

The historical data trend for Rapicut Carbides'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.

Rapicut Carbides Debt-to-EBITDA Chart

Rapicut Carbides 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 2.19 -0.19 13.72 -14.79 0.80

Rapicut Carbides 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 6.04 - 9.08 - 0.39

Competitive Comparison of Rapicut Carbides's Debt-to-EBITDA

For the Metal Fabrication subindustry, Rapicut Carbides'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.


Rapicut Carbides's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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



Rapicut Carbides Debt-to-EBITDA Calculation

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

Rapicut Carbides'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
=(12.498 + 0) / 15.697
=0.80

Rapicut Carbides'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
=(12.498 + 0) / 32.04
=0.39

* 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.


Rapicut Carbides  (BOM:500360) 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.


Rapicut Carbides Debt-to-EBITDA Related Terms

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


Rapicut Carbides (BOM:500360) Business Description

Traded in Other Exchanges
N/A
Address
On National Highway BOM-AHM, Plot Number 119, GIDC Industrial Area, Ankleshwar, GJ, IND, 393 002
Rapicut Carbides Ltd is engaged in manufacturing Tungsten Carbide Tips, Inserts and other Carbide products from ore stage. It manufactures a wide range of Tungsten Carbide products such as Tungsten Carbide Tips, Tungsten Carbide Inserts, Wire Drawing Nibs, Bar and Tube drawing Pellets, Tungsten Carbide Rings, Flats, Jute Eyelets, Solid Carbide Cutters and a wide range of Tool Room Products. Geographically the company derives key revenue from India.

Rapicut Carbides (BOM:500360) Headlines

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