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Raasi Refractories (BOM:502271) Debt-to-EBITDA : 5.88 (As of Sep. 2024)


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What is Raasi Refractories Debt-to-EBITDA?

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

Raasi Refractories's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹186.2 Mil. Raasi Refractories's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹155.0 Mil. Raasi Refractories's annualized EBITDA for the quarter that ended in Sep. 2024 was ₹58.0 Mil. Raasi Refractories's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 5.88.

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 Raasi Refractories's Debt-to-EBITDA or its related term are showing as below:

BOM:502271' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.09   Med: 11.14   Max: 53.54
Current: 32.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of Raasi Refractories was 53.54. The lowest was -2.09. And the median was 11.14.

BOM:502271's Debt-to-EBITDA is ranked worse than
95.86% of 314 companies
in the Building Materials industry
Industry Median: 2.18 vs BOM:502271: 32.01

Raasi Refractories Debt-to-EBITDA Historical Data

The historical data trend for Raasi Refractories'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.

Raasi Refractories Debt-to-EBITDA Chart

Raasi Refractories 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 11.33 14.98 13.97 8.18 9.56

Raasi Refractories Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.39 - 12.13 - 5.88

Competitive Comparison of Raasi Refractories's Debt-to-EBITDA

For the Building Materials subindustry, Raasi Refractories'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.


Raasi Refractories's Debt-to-EBITDA Distribution in the Building Materials Industry

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

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



Raasi Refractories Debt-to-EBITDA Calculation

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

Raasi Refractories'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
=(153.652 + 140.168) / 30.741
=9.56

Raasi Refractories's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(186.189 + 154.991) / 58.008
=5.88

* 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 (Sep. 2024) EBITDA data.


Raasi Refractories  (BOM:502271) 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.


Raasi Refractories Debt-to-EBITDA Related Terms

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


Raasi Refractories Business Description

Traded in Other Exchanges
N/A
Address
House No. 15-145/9, Kodandaram Nagar, Saroor Nagar, Near Sarada Talkies, Hyderabad, TG, IND, 500060
Raasi Refractories Ltd is engaged in the manufacture of refractory products in India. The company offers Standard as well as Special refractories products which include basic refractories such as magnesite, alumina spinel bricks, fire clay and high alumina, cold and hot face insulation bricks, ramming, stopper heads, and much more.

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