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Rolex Rings (BOM:543325) Debt-to-EBITDA : 0.14 (As of Sep. 2023)


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What is Rolex Rings Debt-to-EBITDA?

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

Rolex Rings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹404 Mil. Rolex Rings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0 Mil. Rolex Rings's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹2,852 Mil. Rolex Rings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.14.

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 Rolex Rings's Debt-to-EBITDA or its related term are showing as below:

BOM:543325' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.07   Med: 1.43   Max: 2.17
Current: 0.09

During the past 6 years, the highest Debt-to-EBITDA Ratio of Rolex Rings was 2.17. The lowest was 0.07. And the median was 1.43.

BOM:543325's Debt-to-EBITDA is ranked better than
90.87% of 2288 companies
in the Industrial Products industry
Industry Median: 1.705 vs BOM:543325: 0.09

Rolex Rings Debt-to-EBITDA Historical Data

The historical data trend for Rolex Rings'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.

Rolex Rings Debt-to-EBITDA Chart

Rolex Rings Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial 2.17 2.15 0.95 0.29 0.07

Rolex Rings Quarterly Data
Mar19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 0.62 - 0.31 0.14 N/A

Competitive Comparison of Rolex Rings's Debt-to-EBITDA

For the Metal Fabrication subindustry, Rolex Rings'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.


Rolex Rings's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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



Rolex Rings Debt-to-EBITDA Calculation

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

Rolex Rings'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
=(180.54 + 0.11) / 2450.32
=0.07

Rolex Rings'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
=(404.28 + 0.09) / 2851.88
=0.14

* 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 (Sep. 2023) EBITDA data.


Rolex Rings  (BOM:543325) 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.


Rolex Rings Debt-to-EBITDA Related Terms

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


Rolex Rings (BOM:543325) Business Description

Traded in Other Exchanges
Address
Gondal Road, Opposite Hotel Krishna Park, Near Kotharia Railway Crossing, Kotharia, Rajkot, GJ, IND, 360 004
Rolex Rings Ltd is a manufacturer and supplier of hot rolled forged and machined bearing rings, and automotive components for segments of vehicles, industrial machinery, wind turbines and railways, amongst other segments.

Rolex Rings (BOM:543325) Headlines

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