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HMA Agro Industries (BOM:543929) Debt-to-EBITDA : 3.05 (As of Mar. 2024)


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What is HMA Agro Industries Debt-to-EBITDA?

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

HMA Agro Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4,626 Mil. HMA Agro Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹295 Mil. HMA Agro Industries's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹1,614 Mil. HMA Agro Industries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.05.

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 HMA Agro Industries's Debt-to-EBITDA or its related term are showing as below:

BOM:543929' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.65   Med: 1.99   Max: 3.4
Current: 3.4

During the past 6 years, the highest Debt-to-EBITDA Ratio of HMA Agro Industries was 3.40. The lowest was 1.65. And the median was 1.99.

BOM:543929's Debt-to-EBITDA is ranked worse than
63.39% of 1434 companies
in the Consumer Packaged Goods industry
Industry Median: 2.17 vs BOM:543929: 3.40

HMA Agro Industries Debt-to-EBITDA Historical Data

The historical data trend for HMA Agro Industries'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.

HMA Agro Industries Debt-to-EBITDA Chart

HMA Agro Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial 2.15 1.65 1.88 - 2.71

HMA Agro Industries Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only 2.00 - - 1.70 3.05

Competitive Comparison of HMA Agro Industries's Debt-to-EBITDA

For the Packaged Foods subindustry, HMA Agro Industries'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.


HMA Agro Industries's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, HMA Agro Industries's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where HMA Agro Industries's Debt-to-EBITDA falls into.



HMA Agro Industries Debt-to-EBITDA Calculation

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

HMA Agro Industries'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
=(4625.58 + 294.89) / 1815.31
=2.71

HMA Agro Industries'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
=(4625.58 + 294.89) / 1613.64
=3.05

* 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 (Mar. 2024) EBITDA data.


HMA Agro Industries  (BOM:543929) 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.


HMA Agro Industries Debt-to-EBITDA Related Terms

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


HMA Agro Industries (BOM:543929) Business Description

Traded in Other Exchanges
Address
Fatehabad Road, 18-A/5/3 Tajview Crossing, Agra, UP, IND, 282001
HMA Agro Industries Ltd is engaged in the business of manufacturing and exporting Buffalo Frozen Meat and Meat Products. Its core products are frozen fresh deglanded Buffalo Meat.

HMA Agro Industries (BOM:543929) Headlines

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