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Benara Bearings and Pistons (BOM:541178) Debt-to-EBITDA : -42.62 (As of Mar. 2024)


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What is Benara Bearings and Pistons Debt-to-EBITDA?

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

Benara Bearings and Pistons's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹433.5 Mil. Benara Bearings and Pistons's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹174.1 Mil. Benara Bearings and Pistons's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹-14.3 Mil. Benara Bearings and Pistons's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -42.62.

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 Benara Bearings and Pistons's Debt-to-EBITDA or its related term are showing as below:

BOM:541178' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -31.08   Med: 3.45   Max: 6.44
Current: -31.08

During the past 12 years, the highest Debt-to-EBITDA Ratio of Benara Bearings and Pistons was 6.44. The lowest was -31.08. And the median was 3.45.

BOM:541178's Debt-to-EBITDA is ranked worse than
100% of 1055 companies
in the Vehicles & Parts industry
Industry Median: 2.33 vs BOM:541178: -31.08

Benara Bearings and Pistons Debt-to-EBITDA Historical Data

The historical data trend for Benara Bearings and Pistons'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.

Benara Bearings and Pistons Debt-to-EBITDA Chart

Benara Bearings and Pistons 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 6.44 -5.23 -5.05 -7.36 -31.08

Benara Bearings and Pistons Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 -2.67 -8.03 -6.67 -24.69 -42.62

Competitive Comparison of Benara Bearings and Pistons's Debt-to-EBITDA

For the Auto Parts subindustry, Benara Bearings and Pistons'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.


Benara Bearings and Pistons's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Benara Bearings and Pistons's Debt-to-EBITDA falls into.



Benara Bearings and Pistons Debt-to-EBITDA Calculation

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

Benara Bearings and Pistons'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
=(433.523 + 174.103) / -19.548
=-31.08

Benara Bearings and Pistons'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
=(433.523 + 174.103) / -14.256
=-42.62

* 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 two times the quarterly (Mar. 2024) EBITDA data.


Benara Bearings and Pistons  (BOM:541178) 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.


Benara Bearings and Pistons Debt-to-EBITDA Related Terms

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


Benara Bearings and Pistons (BOM:541178) Business Description

Traded in Other Exchanges
N/A
Address
A-3 and A-4, Site B, UPSIDC Industrial Area, Sikandrabad, Agra, UP, IND, 282007
Benara Bearings and Pistons Ltd is engaged in the manufacturing of bearings, bushes, pistons, piston pins, piston rings, cylinder liners sleeves, and engine valves. It is also engaged in the marketing of products like ball bearings, spark plugs, rocker arms, timing chains, connecting rods, valve guides, and valve seals and batteries. The majority of revenue is generated from the automobile segment.

Benara Bearings and Pistons (BOM:541178) Headlines

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