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Vikas WSP (BOM:519307) Debt-to-EBITDA : -408.24 (As of Sep. 2024)


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What is Vikas WSP Debt-to-EBITDA?

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

Vikas WSP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹3,066.69 Mil. Vikas WSP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0.00 Mil. Vikas WSP's annualized EBITDA for the quarter that ended in Sep. 2024 was ₹-7.51 Mil. Vikas WSP's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -408.24.

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 Vikas WSP's Debt-to-EBITDA or its related term are showing as below:

BOM:519307' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -738.07   Med: -1.74   Max: 2.65
Current: -738.07

During the past 13 years, the highest Debt-to-EBITDA Ratio of Vikas WSP was 2.65. The lowest was -738.07. And the median was -1.74.

BOM:519307's Debt-to-EBITDA is ranked worse than
100% of 1202 companies
in the Chemicals industry
Industry Median: 2.35 vs BOM:519307: -738.07

Vikas WSP Debt-to-EBITDA Historical Data

The historical data trend for Vikas WSP'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.

Vikas WSP Debt-to-EBITDA Chart

Vikas WSP 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 2.26 -2.47 -2.61 -174.27 -229.90

Vikas WSP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
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 - - N/A - -408.24

Competitive Comparison of Vikas WSP's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Vikas WSP'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.


Vikas WSP's Debt-to-EBITDA Distribution in the Chemicals Industry

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

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


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Vikas WSP Debt-to-EBITDA Calculation

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

Vikas WSP'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
=(3066.687 + 0) / -13.339
=-229.90

Vikas WSP's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3066.687 + 0) / -7.512
=-408.24

* 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 (Sep. 2024) EBITDA data.


Vikas WSP  (BOM:519307) 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.


Vikas WSP Debt-to-EBITDA Related Terms

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


Vikas WSP Business Description

Traded in Other Exchanges
N/A
Address
B-86/87, Udyog Vihar, RIICO Industrial Area, Sri Ganganagar, RJ, IND, 335001
Vikas WSP Ltd is an India based guar gum powder manufacturer. The company supplies guar gum powder and guar-based products to all sectors of the food industry. It also supplies guar gum for technical applications such as pet food, oil drilling, and fracturing, textile printing, paper making, and other purposes. The company serves the domestic as well as international markets.

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