Bharat Bijlee (BOM:503960) Debt-to-EBITDA : 0.54 (As of Mar. 2024)

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What is Bharat Bijlee Debt-to-EBITDA?

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

Bharat Bijlee's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,515 Mil. Bharat Bijlee's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹69 Mil. Bharat Bijlee's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹2,953 Mil. Bharat Bijlee's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.54.

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 Bharat Bijlee's Debt-to-EBITDA or its related term are showing as below:

BOM:503960' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -39.4 Med: 2.44 Max: 4.77
Current: 0.75

During the past 13 years, the highest Debt-to-EBITDA Ratio of Bharat Bijlee was 4.77. The lowest was -39.40. And the median was 2.44.

BOM:503960's Debt-to-EBITDA is ranked better than
69.25% of 2283 companies
in the Industrial Products industry
Industry Median: 1.7 vs BOM:503960: 0.75

Bharat Bijlee Debt-to-EBITDA Historical Data

The historical data trend for Bharat Bijlee'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.

Bharat Bijlee Debt-to-EBITDA Chart

Bharat Bijlee Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

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2.54

3.89

2.67

2.02

0.75

Bharat Bijlee 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															1.57	-	1.17	-	0.54

Competitive Comparison of Bharat Bijlee's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Bharat Bijlee'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.

Bharat Bijlee's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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

Bharat Bijlee Debt-to-EBITDA Calculation

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

Bharat Bijlee'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
	=	(1514.9	+	69.4)	/	2101.2
	=	0.75

Bharat Bijlee'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
	=	(1514.9	+	69.4)	/	2952.8
	=	0.54

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.

Bharat Bijlee (BOM:503960) 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.

Bharat Bijlee Debt-to-EBITDA Related Terms

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

Bharat Bijlee (BOM:503960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bharat Bijlee Ltd (BOM:503960) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

BBL:India

Address

Appasaheb Marathe Marg, 6th Floor, Electric Mansion, Prabhadevi, Mumbai, MH, IND, 400025

Website

https://www.bharatbijlee.com

Bharat Bijlee Ltd offers electric motors and transformers. The company's operating segment includes Power Systems and Industrial Systems. The Power Systems segment comprises the design, commissioning, and marketing of power transformers; EPC projects for electrical substations including delivery, rectification, commissioning, and servicing of transformers and marketing of maintenance products. The Industrial systems segment generates the majority of revenue, and it comprises the development, marketing, and manufacture of a wide range of standard and customized electric motors; magnet technology machines, and the engineering and supply of Drives and Automation systems. Geographically it has a presence in India and Outside India, of which a majority of revenue is derived from India.

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