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Avanti Feeds (NSE:AVANTIFEED) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Avanti Feeds Debt-to-EBITDA?

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

Avanti Feeds's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Avanti Feeds's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Avanti Feeds's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹5,210 Mil. Avanti Feeds's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

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 Avanti Feeds's Debt-to-EBITDA or its related term are showing as below:

NSE:AVANTIFEED' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.5
Current: 0.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of Avanti Feeds was 0.50. The lowest was 0.00. And the median was 0.02.

NSE:AVANTIFEED's Debt-to-EBITDA is ranked better than
98.46% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs NSE:AVANTIFEED: 0.02

Avanti Feeds Debt-to-EBITDA Historical Data

The historical data trend for Avanti Feeds'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.

Avanti Feeds Debt-to-EBITDA Chart

Avanti Feeds Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 - 0.01 0.01 0.01

Avanti Feeds Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.01 - 0.02 -

Competitive Comparison of Avanti Feeds's Debt-to-EBITDA

For the Packaged Foods subindustry, Avanti Feeds'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.


Avanti Feeds's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

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



Avanti Feeds Debt-to-EBITDA Calculation

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

Avanti Feeds'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
=(8.599 + 21.936) / 4697.107
=0.01

Avanti Feeds's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 5210.344
=0.00

* 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 (Dec. 2023) EBITDA data.


Avanti Feeds  (NSE:AVANTIFEED) 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.


Avanti Feeds Debt-to-EBITDA Related Terms

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


Avanti Feeds (NSE:AVANTIFEED) Business Description

Traded in Other Exchanges
Address
G-2, Concorde Apartments, 6-3-658, Somajiguda, Hyderabad, TG, IND, 500082
Avanti Feeds Ltd is an Indian company which is engaged in the manufacturing of prawn and fish feeds and shrimp processor. The company's operating segments include Shrimp Feed, Shrimp Hatchery and Wind Mills. It generates maximum revenue from the Shrimp Feed segment. Geographically, it derives a majority of its revenue from India and also has a presence in the USA and the Rest of the world. Its product includes prawn feed, scampi feed, and fish feed.

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