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Hilton Metal Forging (BOM:532847) Debt-to-EBITDA : 3.76 (As of Mar. 2024)


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What is Hilton Metal Forging Debt-to-EBITDA?

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

Hilton Metal Forging's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹371 Mil. Hilton Metal Forging's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹140 Mil. Hilton Metal Forging's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹136 Mil. Hilton Metal Forging's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.75.

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 Hilton Metal Forging's Debt-to-EBITDA or its related term are showing as below:

BOM:532847' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.23   Med: 5.32   Max: 16.03
Current: 2.84

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hilton Metal Forging was 16.03. The lowest was -3.23. And the median was 5.32.

BOM:532847's Debt-to-EBITDA is ranked worse than
65.57% of 2280 companies
in the Industrial Products industry
Industry Median: 1.695 vs BOM:532847: 2.84

Hilton Metal Forging Debt-to-EBITDA Historical Data

The historical data trend for Hilton Metal Forging'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.

Hilton Metal Forging Debt-to-EBITDA Chart

Hilton Metal Forging 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 6.05 -3.23 16.03 3.58 3.09

Hilton Metal Forging 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 2.64 - 2.78 - 3.76

Competitive Comparison of Hilton Metal Forging's Debt-to-EBITDA

For the Metal Fabrication subindustry, Hilton Metal Forging'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.


Hilton Metal Forging's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hilton Metal Forging's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hilton Metal Forging's Debt-to-EBITDA falls into.



Hilton Metal Forging Debt-to-EBITDA Calculation

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

Hilton Metal Forging'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
=(371.478 + 140.34) / 165.449
=3.09

Hilton Metal Forging'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
=(371.478 + 140.34) / 136.304
=3.75

* 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.


Hilton Metal Forging  (BOM:532847) 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.


Hilton Metal Forging Debt-to-EBITDA Related Terms

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


Hilton Metal Forging (BOM:532847) Business Description

Traded in Other Exchanges
Address
Akurli Road, Near - Growel 101 Mall, 204, Tanishka Commercial Building, Kandivali - East, Mumbai, MH, IND, 400101
Hilton Metal Forging Ltd is engaged in the business of manufacturing iron and steel forging. The company serves Oil and gas industry, Petrochemicals, and refineries industry. The company's products portfolio includes Flanges and forged fittings, Engineered parts, Stainless steel flanges, High-pressure flanges, Crankshaft, Body bonnets, Hydraulic fittings, Forged components, Christmas tree components, Topdeck cover, Stub ends, Threaded flanges, Blind flanges, Weld neck flanges, and socket welded flanges.

Hilton Metal Forging (BOM:532847) Headlines

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