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Gujarat Mineral Development (BOM:532181) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Gujarat Mineral Development Debt-to-EBITDA?

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

Gujarat Mineral Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Gujarat Mineral Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Gujarat Mineral Development's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹6,463 Mil. Gujarat Mineral Development'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 Gujarat Mineral Development's Debt-to-EBITDA or its related term are showing as below:

BOM:532181's Debt-to-EBITDA is not ranked *
in the Other Energy Sources industry.
Industry Median: 1.225
* Ranked among companies with meaningful Debt-to-EBITDA only.

Gujarat Mineral Development Debt-to-EBITDA Historical Data

The historical data trend for Gujarat Mineral Development'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.

Gujarat Mineral Development Debt-to-EBITDA Chart

Gujarat Mineral Development Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
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Gujarat Mineral Development Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Gujarat Mineral Development's Debt-to-EBITDA

For the Thermal Coal subindustry, Gujarat Mineral Development'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.


Gujarat Mineral Development's Debt-to-EBITDA Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Gujarat Mineral Development's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Gujarat Mineral Development's Debt-to-EBITDA falls into.



Gujarat Mineral Development Debt-to-EBITDA Calculation

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

Gujarat Mineral Development'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
=(0.077 + 4.871) / 17414.353
=0.00

Gujarat Mineral Development'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) / 6462.8
=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.


Gujarat Mineral Development  (BOM:532181) 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.


Gujarat Mineral Development Debt-to-EBITDA Related Terms

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


Gujarat Mineral Development (BOM:532181) Business Description

Traded in Other Exchanges
Address
132 Feet Ring Road, Khanij Bhavan, Near University Ground, Vastrapur, Ahmedabad, GJ, IND, 380 052
Gujarat Mineral Development Corp Ltd is a mineral resource mining company. Its operations include lignite mining, bauxite mining, fluorspar mining, manganese mining, and power generation. The company's segments include Mining and Power. The majority of the revenue is derived from mining operations specifically from the sale of lignite mining and the company also has various other mining projects.

Gujarat Mineral Development (BOM:532181) Headlines

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