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Ahimsa Industries (NSE:AHIMSA) Debt-to-EBITDA : -1.55 (As of Sep. 2024)


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What is Ahimsa Industries Debt-to-EBITDA?

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

Ahimsa Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹11.3 Mil. Ahimsa Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹3.1 Mil. Ahimsa Industries's annualized EBITDA for the quarter that ended in Sep. 2024 was ₹-9.3 Mil. Ahimsa Industries's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -1.55.

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

NSE:AHIMSA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.21   Med: 2.9   Max: 62.43
Current: -2.21

During the past 10 years, the highest Debt-to-EBITDA Ratio of Ahimsa Industries was 62.43. The lowest was -2.21. And the median was 2.90.

NSE:AHIMSA's Debt-to-EBITDA is ranked worse than
100% of 1201 companies
in the Chemicals industry
Industry Median: 2.35 vs NSE:AHIMSA: -2.21

Ahimsa Industries Debt-to-EBITDA Historical Data

The historical data trend for Ahimsa 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.

Ahimsa Industries Debt-to-EBITDA Chart

Ahimsa Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.66 4.11 3.20 2.60 62.43

Ahimsa Industries Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 2.33 20.12 6.96 -5.73 -1.55

Competitive Comparison of Ahimsa Industries's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Ahimsa 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.


Ahimsa Industries's Debt-to-EBITDA Distribution in the Chemicals Industry

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

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


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Ahimsa Industries Debt-to-EBITDA Calculation

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

Ahimsa 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
=(17.033 + 4.444) / 0.344
=62.43

Ahimsa Industries'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
=(11.311 + 3.111) / -9.322
=-1.55

* 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.


Ahimsa Industries  (NSE:AHIMSA) 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.


Ahimsa Industries Debt-to-EBITDA Related Terms

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


Ahimsa Industries Business Description

Traded in Other Exchanges
N/A
Address
Piplaj Pirana Road, 160, Devraj Industrial Park, Village Piplaj, Ahmedabad, GJ, IND, 382405
Ahimsa Industries Ltd is an Indian based firm. It is engaged in manufacturing PET preforms under the brand name greenpet, and trading sugar confectionery machinery, plastic processing machinery, injection molds, and textiles. It is also engaged in flavours and fragrances manufacturing. The company operates in a single segment namely, PET preforms, and has developed a market for its products in domestic as well as international geographies.

Ahimsa Industries Headlines

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