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Aisha Steel Mills (KAR:ASL) Debt-to-EBITDA : 3.68 (As of Mar. 2024)


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What is Aisha Steel Mills Debt-to-EBITDA?

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

Aisha Steel Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨15,748 Mil. Aisha Steel Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨2,534 Mil. Aisha Steel Mills's annualized EBITDA for the quarter that ended in Mar. 2024 was ₨4,967 Mil. Aisha Steel Mills's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.68.

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 Aisha Steel Mills's Debt-to-EBITDA or its related term are showing as below:

KAR:ASL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -44.24   Med: 6.27   Max: 79.55
Current: 5.42

During the past 13 years, the highest Debt-to-EBITDA Ratio of Aisha Steel Mills was 79.55. The lowest was -44.24. And the median was 6.27.

KAR:ASL's Debt-to-EBITDA is ranked worse than
74.27% of 482 companies
in the Steel industry
Industry Median: 2.78 vs KAR:ASL: 5.42

Aisha Steel Mills Debt-to-EBITDA Historical Data

The historical data trend for Aisha Steel Mills'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.

Aisha Steel Mills Debt-to-EBITDA Chart

Aisha Steel Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.86 8.46 1.34 4.98 -44.24

Aisha Steel Mills Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.59 -14.48 2.88 3.82 3.68

Competitive Comparison of Aisha Steel Mills's Debt-to-EBITDA

For the Steel subindustry, Aisha Steel Mills'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.


Aisha Steel Mills's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Aisha Steel Mills's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Aisha Steel Mills's Debt-to-EBITDA falls into.



Aisha Steel Mills Debt-to-EBITDA Calculation

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

Aisha Steel Mills's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(14036.167 + 3584.719) / -398.314
=-44.24

Aisha Steel Mills'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
=(15748.271 + 2533.66) / 4966.508
=3.68

* 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 (Mar. 2024) EBITDA data.


Aisha Steel Mills  (KAR:ASL) 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.


Aisha Steel Mills Debt-to-EBITDA Related Terms

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


Aisha Steel Mills (KAR:ASL) Business Description

Traded in Other Exchanges
Address
23 M.T. Khan Road, 1st Floor, Arif Habib Center, Karachi, SD, PAK, 74000
Aisha Steel Mills Ltd is involved in manufacturing and selling cold rolled steel coils and sheets to the industrial, engineering, and manufacturing industries in Pakistan. Its product offerings include hot-dipped galvanized steel coils, cold-rolled steel coils, and others. The company geographically operates in Pakistan, North America, Middle East, Europe, Asia and Africa. The majority of revenue is derived from Pakistan.

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