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Punjab Chemicals & Crop Protection (BOM:506618) Debt-to-EBITDA : 2.24 (As of Mar. 2024)


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What is Punjab Chemicals & Crop Protection Debt-to-EBITDA?

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

Punjab Chemicals & Crop Protection's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹701 Mil. Punjab Chemicals & Crop Protection's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹527 Mil. Punjab Chemicals & Crop Protection's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹549 Mil. Punjab Chemicals & Crop Protection's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.24.

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 Punjab Chemicals & Crop Protection's Debt-to-EBITDA or its related term are showing as below:

BOM:506618' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.68   Med: 1.68   Max: 9.19
Current: 1.06

During the past 13 years, the highest Debt-to-EBITDA Ratio of Punjab Chemicals & Crop Protection was 9.19. The lowest was 0.68. And the median was 1.68.

BOM:506618's Debt-to-EBITDA is ranked better than
69.9% of 1216 companies
in the Chemicals industry
Industry Median: 2.325 vs BOM:506618: 1.06

Punjab Chemicals & Crop Protection Debt-to-EBITDA Historical Data

The historical data trend for Punjab Chemicals & Crop Protection'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.

Punjab Chemicals & Crop Protection Debt-to-EBITDA Chart

Punjab Chemicals & Crop Protection 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 1.91 0.95 0.68 0.75 1.06

Punjab Chemicals & Crop Protection 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 1.06 - 0.69 - 2.24

Competitive Comparison of Punjab Chemicals & Crop Protection's Debt-to-EBITDA

For the Chemicals subindustry, Punjab Chemicals & Crop Protection'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.


Punjab Chemicals & Crop Protection's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Punjab Chemicals & Crop Protection's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Punjab Chemicals & Crop Protection's Debt-to-EBITDA falls into.



Punjab Chemicals & Crop Protection Debt-to-EBITDA Calculation

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

Punjab Chemicals & Crop Protection'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
=(701.2 + 527.1) / 1160.8
=1.06

Punjab Chemicals & Crop Protection'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
=(701.2 + 527.1) / 549.2
=2.24

* 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.


Punjab Chemicals & Crop Protection  (BOM:506618) 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.


Punjab Chemicals & Crop Protection Debt-to-EBITDA Related Terms

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


Punjab Chemicals & Crop Protection (BOM:506618) Business Description

Traded in Other Exchanges
Address
New Link Road, Plot Number 645-646, Oberoi Chambers II, 5th Floor, Andheri (West), Mumbai, MH, IND, 400 053
Punjab Chemicals & Crop Protection Ltd is involved in the chemical business. It provides technical and bulk agrochemicals, such as herbicides, insecticides, and fungicides; and pharmaceutical products, including APIs, intermediates, anti-oxidants, and fine chemicals, as well as intermediates for APIs; and industrial chemicals comprising phosphorus derivatives, oxalates, and intermediates. Geographically, the group has a business presence in India, Europe, Japan, and other countries, of which key revenue is derived from India. The firm operates in a single segment namely Performance Chemicals.

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