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ZF Commercial Vehicle Control Systems India (BOM:533023) Debt-to-EBITDA : 0.10 (As of Mar. 2024)


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What is ZF Commercial Vehicle Control Systems India Debt-to-EBITDA?

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

ZF Commercial Vehicle Control Systems India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹71 Mil. ZF Commercial Vehicle Control Systems India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹613 Mil. ZF Commercial Vehicle Control Systems India's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹6,639 Mil. ZF Commercial Vehicle Control Systems India's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.10.

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 ZF Commercial Vehicle Control Systems India's Debt-to-EBITDA or its related term are showing as below:

BOM:533023' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 0.12
Current: 0.1

During the past 13 years, the highest Debt-to-EBITDA Ratio of ZF Commercial Vehicle Control Systems India was 0.12. The lowest was 0.01. And the median was 0.05.

BOM:533023's Debt-to-EBITDA is ranked better than
93.74% of 1055 companies
in the Vehicles & Parts industry
Industry Median: 2.33 vs BOM:533023: 0.10

ZF Commercial Vehicle Control Systems India Debt-to-EBITDA Historical Data

The historical data trend for ZF Commercial Vehicle Control Systems India'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.

ZF Commercial Vehicle Control Systems India Debt-to-EBITDA Chart

ZF Commercial Vehicle Control Systems India 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 0.05 0.04 0.01 0.12 0.10

ZF Commercial Vehicle Control Systems India 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 0.10 - 0.09 - 0.10

Competitive Comparison of ZF Commercial Vehicle Control Systems India's Debt-to-EBITDA

For the Auto Parts subindustry, ZF Commercial Vehicle Control Systems India'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.


ZF Commercial Vehicle Control Systems India's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ZF Commercial Vehicle Control Systems India's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where ZF Commercial Vehicle Control Systems India's Debt-to-EBITDA falls into.



ZF Commercial Vehicle Control Systems India Debt-to-EBITDA Calculation

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

ZF Commercial Vehicle Control Systems India'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
=(71.086 + 613.278) / 6612.385
=0.10

ZF Commercial Vehicle Control Systems India'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
=(71.086 + 613.278) / 6638.824
=0.10

* 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.


ZF Commercial Vehicle Control Systems India  (BOM:533023) 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.


ZF Commercial Vehicle Control Systems India Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of ZF Commercial Vehicle Control Systems India's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


ZF Commercial Vehicle Control Systems India (BOM:533023) Business Description

Traded in Other Exchanges
Address
Plot No. 3 (SP), III Main Road, Ambattur Industrial Estate, Chennai, TN, IND, 600058
ZF Commercial Vehicle Control Systems India Ltd is a supplier of technologies and services that improve commercial vehicle safety, efficiency, and connectivity. It offers conventional braking products, advanced braking systems, and other related air-assisted products and systems, such as air suspension and driveline controls.

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