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Tulasee Bio-Ethanol (BOM:524514) Debt-to-EBITDA : -22.98 (As of Mar. 2024)


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What is Tulasee Bio-Ethanol Debt-to-EBITDA?

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

Tulasee Bio-Ethanol's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Tulasee Bio-Ethanol's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹72.33 Mil. Tulasee Bio-Ethanol's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹-3.15 Mil. Tulasee Bio-Ethanol's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -22.98.

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 Tulasee Bio-Ethanol's Debt-to-EBITDA or its related term are showing as below:

BOM:524514' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2146.6   Med: -51.53   Max: 13.83
Current: -38.83

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tulasee Bio-Ethanol was 13.83. The lowest was -2146.60. And the median was -51.53.

BOM:524514's Debt-to-EBITDA is ranked worse than
100% of 1214 companies
in the Chemicals industry
Industry Median: 2.35 vs BOM:524514: -38.83

Tulasee Bio-Ethanol Debt-to-EBITDA Historical Data

The historical data trend for Tulasee Bio-Ethanol'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.

Tulasee Bio-Ethanol Debt-to-EBITDA Chart

Tulasee Bio-Ethanol 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 13.83 -44.24 -49.12 -55.70 -53.94

Tulasee Bio-Ethanol 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 -20.74 -34.08 -91.55 -50.37 -22.98

Competitive Comparison of Tulasee Bio-Ethanol's Debt-to-EBITDA

For the Chemicals subindustry, Tulasee Bio-Ethanol'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.


Tulasee Bio-Ethanol's Debt-to-EBITDA Distribution in the Chemicals Industry

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

* The bar in red indicates where Tulasee Bio-Ethanol's Debt-to-EBITDA falls into.



Tulasee Bio-Ethanol Debt-to-EBITDA Calculation

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

Tulasee Bio-Ethanol'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 + 72.331) / -1.341
=-53.94

Tulasee Bio-Ethanol'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 + 72.331) / -3.148
=-22.98

* 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.


Tulasee Bio-Ethanol  (BOM:524514) 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.


Tulasee Bio-Ethanol Debt-to-EBITDA Related Terms

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


Tulasee Bio-Ethanol (BOM:524514) Business Description

Traded in Other Exchanges
N/A
Address
Lohop Chowk Road, 41/3 & 41/5, Village Lohop, Taluka Khalapur, Raigad, MH, IND, 410202
Tulasee Bio-Ethanol Ltd is engaged in the manufacturing of absolute alcohol ethanol. The company diversified its business from mono chloro benzene chemical to absolute alcohol ethanol.

Tulasee Bio-Ethanol (BOM:524514) Headlines

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