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Berger Paints India (BOM:509480) Debt-to-EBITDA : 0.47 (As of Mar. 2024)


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What is Berger Paints India Debt-to-EBITDA?

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

Berger Paints India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,050 Mil. Berger Paints India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4,483 Mil. Berger Paints India's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹15,951 Mil. Berger Paints India's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.47.

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 Berger Paints India's Debt-to-EBITDA or its related term are showing as below:

BOM:509480' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.38   Med: 0.7   Max: 1.08
Current: 0.38

During the past 13 years, the highest Debt-to-EBITDA Ratio of Berger Paints India was 1.08. The lowest was 0.38. And the median was 0.70.

BOM:509480's Debt-to-EBITDA is ranked better than
82.31% of 1210 companies
in the Chemicals industry
Industry Median: 2.355 vs BOM:509480: 0.38

Berger Paints India Debt-to-EBITDA Historical Data

The historical data trend for Berger Paints India'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.

Berger Paints India Debt-to-EBITDA Chart

Berger Paints India 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 0.68 0.51 0.72 0.78 0.38

Berger Paints India 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 0.82 - 0.59 - 0.47

Competitive Comparison of Berger Paints India's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Berger Paints India'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.


Berger Paints India's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Berger Paints India's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Berger Paints India's Debt-to-EBITDA falls into.



Berger Paints India Debt-to-EBITDA Calculation

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

Berger Paints India'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
=(3050.2 + 4482.7) / 19660.2
=0.38

Berger Paints India'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
=(3050.2 + 4482.7) / 15951.2
=0.47

* 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.


Berger Paints India  (BOM:509480) 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.


Berger Paints India Debt-to-EBITDA Related Terms

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


Berger Paints India (BOM:509480) Business Description

Traded in Other Exchanges
Address
129, Park Street, Berger House, Kolkata, WB, IND, 700 017
Berger Paints India Ltd manufactures and sells a variety of paints, coatings, and sealants. The majority of the company's revenue comes from the sale of decorative acrylic paints used for interior and exterior housing, wood coatings, primers, thinners, and putties under the Berger brand name. The company also sells industrial paints to the automotive industry as well as protective and powder coatings used to protect steel, concrete, furniture, hospital items, and garden tools. Nearly all revenue comes from India.

Berger Paints India (BOM:509480) Headlines

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