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Dhanuka Agritech (BOM:507717) Debt-to-EBITDA : 0.07 (As of Mar. 2024)


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What is Dhanuka Agritech Debt-to-EBITDA?

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

Dhanuka Agritech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹45 Mil. Dhanuka Agritech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹225 Mil. Dhanuka Agritech's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹3,815 Mil. Dhanuka Agritech's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.07.

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 Dhanuka Agritech's Debt-to-EBITDA or its related term are showing as below:

BOM:507717' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.09   Max: 0.16
Current: 0.07

During the past 13 years, the highest Debt-to-EBITDA Ratio of Dhanuka Agritech was 0.16. The lowest was 0.03. And the median was 0.09.

BOM:507717's Debt-to-EBITDA is ranked better than
93.79% of 177 companies
in the Agriculture industry
Industry Median: 1.99 vs BOM:507717: 0.07

Dhanuka Agritech Debt-to-EBITDA Historical Data

The historical data trend for Dhanuka Agritech'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.

Dhanuka Agritech Debt-to-EBITDA Chart

Dhanuka Agritech 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 0.07 0.16 0.11 0.10 0.07

Dhanuka Agritech 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 0.09 - 0.05 - 0.07

Competitive Comparison of Dhanuka Agritech's Debt-to-EBITDA

For the Agricultural Inputs subindustry, Dhanuka Agritech'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.


Dhanuka Agritech's Debt-to-EBITDA Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Dhanuka Agritech's Debt-to-EBITDA distribution charts can be found below:

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



Dhanuka Agritech Debt-to-EBITDA Calculation

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

Dhanuka Agritech'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
=(45.213 + 224.572) / 3624.045
=0.07

Dhanuka Agritech'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
=(45.213 + 224.572) / 3814.928
=0.07

* 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.


Dhanuka Agritech  (BOM:507717) 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.


Dhanuka Agritech Debt-to-EBITDA Related Terms

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


Dhanuka Agritech (BOM:507717) Business Description

Traded in Other Exchanges
Address
MG Road, Global Gateway Towers, Near Guru Dronacharya Metro Station, Gurugram, HR, IND, 122002
Dhanuka Agritech Ltd is involved in the manufacturing and marketing of plant protection agrochemicals. The product range consists of Insecticides, Herbicides, Fungicides, and Plant Growth Regulators in various forms - liquid, dust, powder, and granules. The firm generates a majority of its revenue from agrochemicals. The company has a strategic partnership with American, Japanese, and European companies. Its manufacturing facilities are located in Gurgaon (Haryana), Sanand (Gujarat), Udhampur (Jammu and Kashmir), and Keshwana (Rajasthan). Dhanuka's target customers are farmers.

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