Cospower Engineering (BOM:543172) Debt-to-EBITDA : 53.18 (As of Sep. 2023)

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What is Cospower Engineering Debt-to-EBITDA?

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

Cospower Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹54.7 Mil. Cospower Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹132.3 Mil. Cospower Engineering's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹3.5 Mil. Cospower Engineering's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 53.18.

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 Cospower Engineering's Debt-to-EBITDA or its related term are showing as below:

BOM:543172' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.77 Med: 4.87 Max: 14.44
Current: 13.11

During the past 7 years, the highest Debt-to-EBITDA Ratio of Cospower Engineering was 14.44. The lowest was 1.77. And the median was 4.87.

BOM:543172's Debt-to-EBITDA is ranked worse than
93.16% of 1739 companies
in the Hardware industry
Industry Median: 1.79 vs BOM:543172: 13.11

Cospower Engineering Debt-to-EBITDA Historical Data

The historical data trend for Cospower Engineering'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.

Cospower Engineering Debt-to-EBITDA Chart

Cospower Engineering Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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2.40

1.77

3.73

5.36

14.44

Cospower Engineering Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial							4.59	4.08	-218.35	7.02	53.18

Competitive Comparison of Cospower Engineering's Debt-to-EBITDA

For the Electronic Components subindustry, Cospower Engineering'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.

Cospower Engineering's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cospower Engineering's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Cospower Engineering's Debt-to-EBITDA falls into.

Cospower Engineering Debt-to-EBITDA Calculation

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

Cospower Engineering'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
	=	(53.177	+	122.34)	/	12.158
	=	14.44

Cospower Engineering's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(54.697	+	132.277)	/	3.516
	=	53.18

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 (Sep. 2023) EBITDA data.

Cospower Engineering (BOM:543172) 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.

Cospower Engineering Debt-to-EBITDA Related Terms

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

Cospower Engineering (BOM:543172) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cospower Engineering Ltd (BOM:543172) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chincholi Bunder Road, 403, Chandra-Raj Building, Behind Vivanta Hospital, Malad (West), Mumbai, MH, IND, 400064

Website

https://www.cel.net.in

Cospower Engineering Ltd is engaged in the business of manufacturing of electrical panels, harmonic filters and substations, and equipment mounting structures. It provides turnkey services which involve supply, installation, commissioning, testing, and comprehensive maintenance of electric products. The company has extended its product range to other power-related products that are needed to complete the electrical system. It offers under one roof a complete package of electrical systems and solutions. Its business comprises of manufacturing and supplying of re-active power compensation systems, harmonic filters, and other engineering goods.

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