Shri Venkatesh Refineries (BOM:543373) Debt-to-EBITDA : 7.35 (As of Mar. 2024)

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What is Shri Venkatesh Refineries Debt-to-EBITDA?

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

Shri Venkatesh Refineries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹889 Mil. Shri Venkatesh Refineries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹352 Mil. Shri Venkatesh Refineries's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹169 Mil. Shri Venkatesh Refineries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 7.35.

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 Shri Venkatesh Refineries's Debt-to-EBITDA or its related term are showing as below:

BOM:543373' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.74 Med: 4.55 Max: 5.72
Current: 4.16

During the past 6 years, the highest Debt-to-EBITDA Ratio of Shri Venkatesh Refineries was 5.72. The lowest was 2.74. And the median was 4.55.

BOM:543373's Debt-to-EBITDA is ranked worse than
71.05% of 1437 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs BOM:543373: 4.16

Shri Venkatesh Refineries Debt-to-EBITDA Historical Data

The historical data trend for Shri Venkatesh Refineries'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.

Shri Venkatesh Refineries Debt-to-EBITDA Chart

Shri Venkatesh Refineries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

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4.95

5.72

2.83

2.74

4.16

Shri Venkatesh Refineries Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial											4.39	2.62	4.06	3.48	7.35

Competitive Comparison of Shri Venkatesh Refineries's Debt-to-EBITDA

For the Packaged Foods subindustry, Shri Venkatesh Refineries'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.

Shri Venkatesh Refineries's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shri Venkatesh Refineries's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Shri Venkatesh Refineries's Debt-to-EBITDA falls into.

Shri Venkatesh Refineries Debt-to-EBITDA Calculation

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

Shri Venkatesh Refineries'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
	=	(888.565	+	351.822)	/	298.373
	=	4.16

Shri Venkatesh Refineries'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
	=	(888.565	+	351.822)	/	168.716
	=	7.35

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.

Shri Venkatesh Refineries (BOM:543373) 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.

Shri Venkatesh Refineries Debt-to-EBITDA Related Terms

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

Shri Venkatesh Refineries (BOM:543373) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shri Venkatesh Refineries Ltd (BOM:543373) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

Gat No.16, Umarde Village, At Post Erandol, Jalgaon, MH, IND, 425109

Website

http://www.richsoya.in

Shri Venkatesh Refineries Ltd is an edible oil refining company in Maharashtra under the brand name, Rich Soya. It primarily undertakes the refining and preservation of Edible oils. It is further engaged in the trading activities of soyabean oil, palm oil, cotton seed oil, and sunflower oil. Its reportable business segment is the Manufacturing and Trading of Refined Oil and Raw Oil.

Shri Venkatesh Refineries (BOM:543373) Headlines

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