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Chromatic India (LUX:168089) Debt-to-EBITDA : -0.27 (As of Sep. 2020)


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What is Chromatic India Debt-to-EBITDA?

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

Chromatic India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $0.48 Mil. Chromatic India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $0.00 Mil. Chromatic India's annualized EBITDA for the quarter that ended in Sep. 2020 was $-1.78 Mil. Chromatic India's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2020 was -0.27.

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 Chromatic India's Debt-to-EBITDA or its related term are showing as below:

LUX:168089' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -12.63   Med: 7.1   Max: 61.66
Current: -0.76

During the past 13 years, the highest Debt-to-EBITDA Ratio of Chromatic India was 61.66. The lowest was -12.63. And the median was 7.10.

LUX:168089's Debt-to-EBITDA is not ranked
in the Chemicals industry.
Industry Median: 2.35 vs LUX:168089: -0.76

Chromatic India Debt-to-EBITDA Historical Data

The historical data trend for Chromatic India'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.

Chromatic India Debt-to-EBITDA Chart

Chromatic India Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.06 7.65 9.74 58.43 -12.69

Chromatic India Quarterly Data
Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 -1.91 - -1.36 - -0.27

Competitive Comparison of Chromatic India's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Chromatic India'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.


Chromatic India's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chromatic India's Debt-to-EBITDA distribution charts can be found below:

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



Chromatic India Debt-to-EBITDA Calculation

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

Chromatic India's Debt-to-EBITDA for the fiscal year that ended in Mar. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.495 + 0) / -0.039
=-12.69

Chromatic India's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.481 + 0) / -1.78
=-0.27

* 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 (Sep. 2020) EBITDA data.


Chromatic India  (LUX:168089) 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.


Chromatic India Debt-to-EBITDA Related Terms

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


Chromatic India (LUX:168089) Business Description

Traded in Other Exchanges
N/A
Address
501, Maker Chamber V, 221, Nariman Point, Mumbai, Maharashtra, IND, 400021
Chromatic India Ltd is an Indian based chemical manufacturing company. It is currently in the business of manufacturing, trading, and export of Synthetic Organic dyes and chemicals. It is a manufacturer and supplier of chemical dyes, dye intermediates, and basic chemicals. Its products include dyestuff based on cyanuric chloride, which includes Chromactive Yellow E - XN, ChromactiveRosso E - XN and Chromactive Navy E - XN; double anchor type, which includes ChromazolYellow BF-3RS. Geographically, the company operates through Domestic and the overseas segments.

Chromatic India (LUX:168089) Headlines

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