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India Cements Capital (BOM:511355) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is India Cements Capital Debt-to-EBITDA?

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

India Cements Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. India Cements Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. India Cements Capital's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹14 Mil. India Cements Capital's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

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

BOM:511355' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -242.22   Med: 57.46   Max: 228.76
Current: 20.22

During the past 13 years, the highest Debt-to-EBITDA Ratio of India Cements Capital was 228.76. The lowest was -242.22. And the median was 57.46.

BOM:511355's Debt-to-EBITDA is ranked worse than
94.66% of 412 companies
in the Capital Markets industry
Industry Median: 1.565 vs BOM:511355: 20.22

India Cements Capital Debt-to-EBITDA Historical Data

The historical data trend for India Cements Capital'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.

India Cements Capital Debt-to-EBITDA Chart

India Cements Capital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 116.69 228.76 -242.22 108.82 49.47

India Cements Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 47.82 - 13.39 -

Competitive Comparison of India Cements Capital's Debt-to-EBITDA

For the Capital Markets subindustry, India Cements Capital'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.


India Cements Capital's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, India Cements Capital's Debt-to-EBITDA distribution charts can be found below:

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



India Cements Capital Debt-to-EBITDA Calculation

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

India Cements Capital's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 443.554) / 8.966
=49.47

India Cements Capital's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 13.564
=0.00

* 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 (Dec. 2023) EBITDA data.


India Cements Capital  (BOM:511355) 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.


India Cements Capital Debt-to-EBITDA Related Terms

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


India Cements Capital (BOM:511355) Business Description

Traded in Other Exchanges
N/A
Address
No. 827, Dhun Building, Anna Salai, 3rd Floor, Chennai, TN, IND, 600002
India Cements Capital Ltd is a non-banking finance company. It is engaged in providing fee-based activities including risk management services for importers and exporters, money changing, travel services, interbank Forex broking and share broking.

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