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Naraingarh Sugar Mills (BOM:531457) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Naraingarh Sugar Mills Debt-to-EBITDA?

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

Naraingarh Sugar Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Naraingarh Sugar Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Naraingarh Sugar Mills's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹-66.3 Mil. Naraingarh Sugar Mills'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 Naraingarh Sugar Mills's Debt-to-EBITDA or its related term are showing as below:

During the past 5 years, the highest Debt-to-EBITDA Ratio of Naraingarh Sugar Mills was 2254.09. The lowest was -20.55. And the median was 10.39.

BOM:531457's Debt-to-EBITDA is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 2.14
* Ranked among companies with meaningful Debt-to-EBITDA only.

Naraingarh Sugar Mills Debt-to-EBITDA Historical Data

The historical data trend for Naraingarh Sugar Mills'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.

Naraingarh Sugar Mills Debt-to-EBITDA Chart

Naraingarh Sugar Mills Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20
Debt-to-EBITDA
N/A 11.05 -20.55 9.74 2,254.09

Naraingarh Sugar Mills Quarterly Data
Mar17 Mar18 Mar19 Mar20 Dec22 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial N/A N/A N/A - -

Competitive Comparison of Naraingarh Sugar Mills's Debt-to-EBITDA

For the Confectioners subindustry, Naraingarh Sugar Mills'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.


Naraingarh Sugar Mills's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Naraingarh Sugar Mills's Debt-to-EBITDA falls into.



Naraingarh Sugar Mills Debt-to-EBITDA Calculation

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

Naraingarh Sugar Mills's Debt-to-EBITDA for the fiscal year that ended in Mar. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1050.107 + 1255.829) / 1.023
=2,254.09

Naraingarh Sugar Mills'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) / -66.348
=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.


Naraingarh Sugar Mills  (BOM:531457) 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.


Naraingarh Sugar Mills Debt-to-EBITDA Related Terms

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


Naraingarh Sugar Mills (BOM:531457) Business Description

Traded in Other Exchanges
N/A
Address
Village Banondi, P.O. Shahzadpur, Tehsil Naraingarh, Ambala, HR, IND, 133001
Naraingarh Sugar Mills Ltd is engaged in the business of manufacturing white crystal sugar and by-products. It earns revenues from the sales of sugar, molasses, power, press mud, and bagasse.

Naraingarh Sugar Mills (BOM:531457) Headlines

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