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Dwarikesh Sugar Industries (NSE:DWARKESH) Debt-to-EBITDA : 1.51 (As of Mar. 2024)


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What is Dwarikesh Sugar Industries Debt-to-EBITDA?

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

Dwarikesh Sugar Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,046 Mil. Dwarikesh Sugar Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,512 Mil. Dwarikesh Sugar Industries's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹3,012 Mil. Dwarikesh Sugar Industries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.51.

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

NSE:DWARKESH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.64   Med: 2.55   Max: 5.96
Current: 2.1

During the past 13 years, the highest Debt-to-EBITDA Ratio of Dwarikesh Sugar Industries was 5.96. The lowest was 1.64. And the median was 2.55.

NSE:DWARKESH's Debt-to-EBITDA is ranked better than
50.63% of 1432 companies
in the Consumer Packaged Goods industry
Industry Median: 2.125 vs NSE:DWARKESH: 2.10

Dwarikesh Sugar Industries Debt-to-EBITDA Historical Data

The historical data trend for Dwarikesh Sugar 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.

Dwarikesh Sugar Industries Debt-to-EBITDA Chart

Dwarikesh Sugar Industries Annual Data
Trend Sep13 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.96 2.94 1.79 1.64 2.10

Dwarikesh Sugar Industries 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 1.06 - 2.10 - 1.51

Competitive Comparison of Dwarikesh Sugar Industries's Debt-to-EBITDA

For the Confectioners subindustry, Dwarikesh Sugar 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.


Dwarikesh Sugar Industries's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

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



Dwarikesh Sugar Industries Debt-to-EBITDA Calculation

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

Dwarikesh Sugar 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
=(3045.568 + 1512.112) / 2166.176
=2.10

Dwarikesh Sugar Industries'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
=(3045.568 + 1512.112) / 3012.076
=1.51

* 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.


Dwarikesh Sugar Industries  (NSE:DWARKESH) 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.


Dwarikesh Sugar Industries Debt-to-EBITDA Related Terms

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


Dwarikesh Sugar Industries (NSE:DWARKESH) Business Description

Traded in Other Exchanges
Address
511, Maker Chambers V, 221, Nariman Point, Mumbai, MH, IND, 400 021
Dwarikesh Sugar Industries Ltd is a multi-faceted, diversified industrial group engaged in the manufacture of the finest grains of sugar, as well as allied products. The business activity of the group functions through Sugar, Co-generation, and Distillery segments. The product portfolio of the group includes Sugar, ethanol, and Power products. Geographically, it derives revenue from India and the exports made to other countries.

Dwarikesh Sugar Industries (NSE:DWARKESH) Headlines

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