Agarwal Float Glass India (NSE:AGARWALFT) Debt-to-EBITDA : 3.59 (As of Sep. 2023)

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What is Agarwal Float Glass India Debt-to-EBITDA?

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

Agarwal Float Glass India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹103.2 Mil. Agarwal Float Glass India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹15.0 Mil. Agarwal Float Glass India's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹33.0 Mil. Agarwal Float Glass India's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 3.59.

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

NSE:AGARWALFT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.93 Med: 6.14 Max: 7.73
Current: 5.35

During the past 4 years, the highest Debt-to-EBITDA Ratio of Agarwal Float Glass India was 7.73. The lowest was 1.93. And the median was 6.14.

NSE:AGARWALFT's Debt-to-EBITDA is ranked worse than
76.18% of 319 companies
in the Building Materials industry
Industry Median: 2.16 vs NSE:AGARWALFT: 5.35

Agarwal Float Glass India Debt-to-EBITDA Historical Data

The historical data trend for Agarwal Float Glass 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.

Agarwal Float Glass India Debt-to-EBITDA Chart

Agarwal Float Glass India Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

7.26

7.73

5.02

1.93

Agarwal Float Glass India Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	N/A	1.43	7.97	3.59

Competitive Comparison of Agarwal Float Glass India's Debt-to-EBITDA

For the Building Materials subindustry, Agarwal Float Glass 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.

Agarwal Float Glass India's Debt-to-EBITDA Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Agarwal Float Glass India's Debt-to-EBITDA distribution charts can be found below:

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

Agarwal Float Glass India Debt-to-EBITDA Calculation

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

Agarwal Float Glass India's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(72.055	+	17.757)	/	46.549
	=	1.93

Agarwal Float Glass India's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(103.177	+	15.026)	/	32.952
	=	3.59

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. 2023) EBITDA data.

Agarwal Float Glass India (NSE:AGARWALFT) 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.

Agarwal Float Glass India Debt-to-EBITDA Related Terms

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

Agarwal Float Glass India (NSE:AGARWALFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Agarwal Float Glass India Ltd (NSE:AGARWALFT) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

H-1/790, Sitapura Industrial Area Ext., Near Fire Bridge Office, Jaipur, RJ, IND, 302022

Website

https://www.agarwalfloat.com

Agarwal Float Glass India Ltd is engaged in the business of trading of glass and specialized glass products. The company procures quality products from manufacturers and thereafter sells the same through the sales managers or directly to customers, as a wholesaler of glass and glass products. The products are utilized in varied areas like office buildings, hotels, institutions, banks, insurance companies, shopping malls, diplomatic residences, and many others as per suitability. The product portfolio ranges between clear glass, different kinds of value-added glass products and processed glass products, of varying thicknesses.

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