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Hemo Organic (BOM:524590) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Hemo Organic Debt-to-EBITDA?

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

Hemo Organic's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Hemo Organic's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Hemo Organic's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹-0.08 Mil. Hemo Organic'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 Hemo Organic's Debt-to-EBITDA or its related term are showing as below:

BOM:524590' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.77   Med: -0.6   Max: 0.36
Current: -0.34

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hemo Organic was 0.36. The lowest was -0.77. And the median was -0.60.

BOM:524590's Debt-to-EBITDA is ranked worse than
100% of 659 companies
in the Drug Manufacturers industry
Industry Median: 1.71 vs BOM:524590: -0.34

Hemo Organic Debt-to-EBITDA Historical Data

The historical data trend for Hemo Organic'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.

Hemo Organic Debt-to-EBITDA Chart

Hemo Organic 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 -0.69 -0.11 -0.73 -0.56 -0.64

Hemo Organic 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 - -0.17 - -1.01 -

Competitive Comparison of Hemo Organic's Debt-to-EBITDA

For the Drug Manufacturers - Specialty & Generic subindustry, Hemo Organic'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.


Hemo Organic's Debt-to-EBITDA Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Hemo Organic's Debt-to-EBITDA distribution charts can be found below:

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



Hemo Organic Debt-to-EBITDA Calculation

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

Hemo Organic'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 + 0.352) / -0.547
=-0.64

Hemo Organic's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

* 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.


Hemo Organic  (BOM:524590) 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.


Hemo Organic Debt-to-EBITDA Related Terms

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


Hemo Organic (BOM:524590) Business Description

Traded in Other Exchanges
N/A
Address
V V Nagar Road, 8-A, Gulnar, Chinar - Gulnar Appartment, Anand, GJ, IND, 388001
Hemo Organic Ltd is an India based company principally engaged in the business activity of manufacturing of ayurvedic or unani pharmaceutical preparation. It generates revenue by primarily selling its ayurvedic or unani pharmaceutical products.

Hemo Organic (BOM:524590) Headlines

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