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Rane Engine Valve (BOM:532988) Debt-to-EBITDA : 0.00 (As of Jun. 2024)


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What is Rane Engine Valve Debt-to-EBITDA?

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

Rane Engine Valve's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₹0 Mil. Rane Engine Valve's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₹0 Mil. Rane Engine Valve's annualized EBITDA for the quarter that ended in Jun. 2024 was ₹437 Mil. Rane Engine Valve's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 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 Rane Engine Valve's Debt-to-EBITDA or its related term are showing as below:

BOM:532988' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.73   Med: 5.94   Max: 10.2
Current: 2.67

During the past 13 years, the highest Debt-to-EBITDA Ratio of Rane Engine Valve was 10.20. The lowest was 0.73. And the median was 5.94.

BOM:532988's Debt-to-EBITDA is ranked worse than
55.8% of 1061 companies
in the Vehicles & Parts industry
Industry Median: 2.32 vs BOM:532988: 2.67

Rane Engine Valve Debt-to-EBITDA Historical Data

The historical data trend for Rane Engine Valve'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.

Rane Engine Valve Debt-to-EBITDA Chart

Rane Engine Valve 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 9.39 5.34 10.20 4.79 2.73

Rane Engine Valve Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 3.27 - 2.29 -

Competitive Comparison of Rane Engine Valve's Debt-to-EBITDA

For the Auto Parts subindustry, Rane Engine Valve'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.


Rane Engine Valve's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Rane Engine Valve's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Rane Engine Valve's Debt-to-EBITDA falls into.



Rane Engine Valve Debt-to-EBITDA Calculation

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

Rane Engine Valve'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
=(791.2 + 430.6) / 447.7
=2.73

Rane Engine Valve's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 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 (Jun. 2024) EBITDA data.


Rane Engine Valve  (BOM:532988) 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.


Rane Engine Valve Debt-to-EBITDA Related Terms

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


Rane Engine Valve Business Description

Traded in Other Exchanges
Address
Jawaharlal Nehru Road, 2nd Floor, ESPEE IT PARK, Developed Plot No: 5 (NP), Ekkatuthangal, Guindy, Chennai, TN, IND, 600 032
Rane Engine Valve Ltd is an India-based company, which is engaged in the manufacturing and marketing of auto components for the transportation industry. The company manufactures components for internal combustion engine industry applicable for stationary and transportation engine applications. It offers engine valves, valve guides, tappets for passenger cars, commercial vehicles, farm tractors, stationary engines, locomotive and marine engines, and two and three-wheelers.

Rane Engine Valve Headlines

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