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Meghmani Organics (BOM:543331) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Meghmani Organics Debt-to-EBITDA?

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

Meghmani Organics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Meghmani Organics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Meghmani Organics's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹73 Mil. Meghmani Organics's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 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 Meghmani Organics's Debt-to-EBITDA or its related term are showing as below:

BOM:543331' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.87   Med: 1.15   Max: 7.64
Current: 7.64

During the past 5 years, the highest Debt-to-EBITDA Ratio of Meghmani Organics was 7.64. The lowest was 0.87. And the median was 1.15.

BOM:543331's Debt-to-EBITDA is ranked worse than
85.8% of 176 companies
in the Agriculture industry
Industry Median: 2.02 vs BOM:543331: 7.64

Meghmani Organics Debt-to-EBITDA Historical Data

The historical data trend for Meghmani Organics'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.

Meghmani Organics Debt-to-EBITDA Chart

Meghmani Organics Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
1.29 1.15 0.87 1.04 1.81

Meghmani Organics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 1.96 - 10.85 -

Competitive Comparison of Meghmani Organics's Debt-to-EBITDA

For the Agricultural Inputs subindustry, Meghmani Organics'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.


Meghmani Organics's Debt-to-EBITDA Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Meghmani Organics's Debt-to-EBITDA distribution charts can be found below:

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



Meghmani Organics Debt-to-EBITDA Calculation

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

Meghmani Organics'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
=(4204.833 + 4034.189) / 4558.793
=1.81

Meghmani Organics's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 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 (Dec. 2023) EBITDA data.


Meghmani Organics  (BOM:543331) 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.


Meghmani Organics Debt-to-EBITDA Related Terms

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


Meghmani Organics (BOM:543331) Business Description

Traded in Other Exchanges
Address
Near Raj Bunglows, Near Safal Profitaire, Prahlad Nagar, 1st to 3rd Floor, Meghmani House, Satellite, Ahmedabad, GJ, IND, 380015
Meghmani Organics Ltd is engaged in the manufacturing of pigments and agrochemicals. The company operates through business divisions namely Pigments and Agrochemicals. The Pigments division is engaged in the manufacture and distribution of phthalocyanine green 7, copper phthalocyanine blue, alpha blue, and beta blue. The Agrochemicals Division, the key revenue-generating segment, is engaged in the manufacturing and distribution of technical, intermediates, and formulations of Crop Protection Chemicals. The company has a presence in India as well as Outside India.

Meghmani Organics (BOM:543331) Headlines

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