GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Maiden Forgings Ltd (BOM:543874) » Definitions » Debt-to-EBITDA

Maiden Forgings (BOM:543874) Debt-to-EBITDA : 3.88 (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Maiden Forgings Debt-to-EBITDA?

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

Maiden Forgings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹476 Mil. Maiden Forgings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹284 Mil. Maiden Forgings's annualized EBITDA for the quarter that ended in Sep. 2024 was ₹195 Mil. Maiden Forgings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 3.88.

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 Maiden Forgings's Debt-to-EBITDA or its related term are showing as below:

BOM:543874' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.6   Med: 4.48   Max: 5.62
Current: 3.37

During the past 5 years, the highest Debt-to-EBITDA Ratio of Maiden Forgings was 5.62. The lowest was 2.60. And the median was 4.48.

BOM:543874's Debt-to-EBITDA is ranked worse than
70.33% of 2275 companies
in the Industrial Products industry
Industry Median: 1.7 vs BOM:543874: 3.37

Maiden Forgings Debt-to-EBITDA Historical Data

The historical data trend for Maiden Forgings'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.

Maiden Forgings Debt-to-EBITDA Chart

Maiden Forgings Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
4.71 4.48 5.62 3.03 2.60

Maiden Forgings Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Debt-to-EBITDA Get a 7-Day Free Trial - 2.77 2.73 2.45 3.88

Competitive Comparison of Maiden Forgings's Debt-to-EBITDA

For the Metal Fabrication subindustry, Maiden Forgings'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.


Maiden Forgings's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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



Maiden Forgings Debt-to-EBITDA Calculation

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

Maiden Forgings'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
=(474.527 + 152.179) / 240.774
=2.60

Maiden Forgings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(475.573 + 283.662) / 195.47
=3.88

* 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 (Sep. 2024) EBITDA data.


Maiden Forgings  (BOM:543874) 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.


Maiden Forgings Debt-to-EBITDA Related Terms

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


Maiden Forgings Business Description

Traded in Other Exchanges
N/A
Address
E 201 Kavi Nagar Industrial Area, Ghaziabad, UP, IND, 201002
Maiden Forgings Ltd is engaged in manufacturing and selling ferrous metal products including steel bright bars, wires, profiles, ground bars and nails (collated & loose).

Maiden Forgings Headlines

No Headlines