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Prima Agro (BOM:519262) Debt-to-EBITDA : 2.17 (As of Mar. 2024)


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What is Prima Agro Debt-to-EBITDA?

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

Prima Agro's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Prima Agro's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹63.87 Mil. Prima Agro's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹29.44 Mil. Prima Agro's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.17.

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 Prima Agro's Debt-to-EBITDA or its related term are showing as below:

BOM:519262' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.09   Med: 0.23   Max: 3.39
Current: 3

During the past 13 years, the highest Debt-to-EBITDA Ratio of Prima Agro was 3.39. The lowest was 0.09. And the median was 0.23.

BOM:519262's Debt-to-EBITDA is ranked worse than
59.19% of 1436 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs BOM:519262: 3.00

Prima Agro Debt-to-EBITDA Historical Data

The historical data trend for Prima Agro'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.

Prima Agro Debt-to-EBITDA Chart

Prima Agro 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 0.25 0.10 0.17 1.99 2.09

Prima Agro Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 2.42 2.16 - 2.17

Competitive Comparison of Prima Agro's Debt-to-EBITDA

For the Packaged Foods subindustry, Prima Agro'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.


Prima Agro's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Prima Agro's Debt-to-EBITDA distribution charts can be found below:

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



Prima Agro Debt-to-EBITDA Calculation

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

Prima Agro'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
=(0 + 63.87) / 30.57
=2.09

Prima Agro'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
=(0 + 63.87) / 29.44
=2.17

* 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.


Prima Agro  (BOM:519262) 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.


Prima Agro Debt-to-EBITDA Related Terms

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


Prima Agro (BOM:519262) Business Description

Traded in Other Exchanges
N/A
Address
Door No. V/679-C, Industrial Development Area, Muppathadam P.O., Edayar, Cochin, KL, IND, 683110
Prima Agro Ltd is engaged in manufacturing cattle feeds. The company has its manufacturing divisions in the Industrial Areas at Edayar, Kochi, and at Trivandrum. It manufactures cattle feed pellets in 70kg and 50kg packing. The company is also engaged in the trading of commodities and downstream products.

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