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Deccan Cements (BOM:502137) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Deccan Cements Debt-to-EBITDA?

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

Deccan Cements's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Deccan Cements's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Deccan Cements's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹1,314 Mil. Deccan Cements'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 Deccan Cements's Debt-to-EBITDA or its related term are showing as below:

BOM:502137' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.27   Med: 0.82   Max: 4.49
Current: 4.49

During the past 13 years, the highest Debt-to-EBITDA Ratio of Deccan Cements was 4.49. The lowest was 0.27. And the median was 0.82.

BOM:502137's Debt-to-EBITDA is ranked worse than
75.24% of 315 companies
in the Building Materials industry
Industry Median: 2.18 vs BOM:502137: 4.49

Deccan Cements Debt-to-EBITDA Historical Data

The historical data trend for Deccan Cements'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.

Deccan Cements Debt-to-EBITDA Chart

Deccan Cements 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 0.42 1.24 0.53 1.06 2.49

Deccan Cements 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 - 2.89 - 6.54 -

Competitive Comparison of Deccan Cements's Debt-to-EBITDA

For the Building Materials subindustry, Deccan Cements'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.


Deccan Cements's Debt-to-EBITDA Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Deccan Cements's Debt-to-EBITDA distribution charts can be found below:

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



Deccan Cements Debt-to-EBITDA Calculation

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

Deccan Cements'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
=(1068.475 + 1552.723) / 1054.612
=2.49

Deccan Cements'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) / 1314.344
=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.


Deccan Cements  (BOM:502137) 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.


Deccan Cements Debt-to-EBITDA Related Terms

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


Deccan Cements (BOM:502137) Business Description

Traded in Other Exchanges
Address
Deccan Chambers, 6-3-666/B, 6th Floor, Somajiguda, Hyderabad, TG, IND, 500082
Deccan Cements Ltd is engaged in the manufacturing and marketing of cement in India. It produces cement in form of Clinker, Portland cement, Slag cement and similar. In addition, it is also engaged in the generation of electricity. Its power division includes Thermal, Hydel, and Wind. The firm sells its product under Deccan Cements brand.

Deccan Cements (BOM:502137) Headlines

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