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E I D Parry India (NSE:EIDPARRY) Debt-to-EBITDA : 0.42 (As of Sep. 2024)


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What is E I D Parry India Debt-to-EBITDA?

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

E I D Parry India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹10,046 Mil. E I D Parry India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹7,096 Mil. E I D Parry India's annualized EBITDA for the quarter that ended in Sep. 2024 was ₹41,124 Mil. E I D Parry India's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.42.

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 E I D Parry India's Debt-to-EBITDA or its related term are showing as below:

NSE:EIDPARRY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.49   Med: 2.34   Max: 5.18
Current: 0.67

During the past 13 years, the highest Debt-to-EBITDA Ratio of E I D Parry India was 5.18. The lowest was 0.49. And the median was 2.34.

NSE:EIDPARRY's Debt-to-EBITDA is ranked better than
76.34% of 186 companies
in the Agriculture industry
Industry Median: 2.1 vs NSE:EIDPARRY: 0.67

E I D Parry India Debt-to-EBITDA Historical Data

The historical data trend for E I D Parry 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.

E I D Parry India Debt-to-EBITDA Chart

E I D Parry India 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 2.17 0.57 0.49 0.50 0.61

E I D Parry India Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.18 - 0.79 - 0.42

Competitive Comparison of E I D Parry India's Debt-to-EBITDA

For the Agricultural Inputs subindustry, E I D Parry 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.


E I D Parry India's Debt-to-EBITDA Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, E I D Parry India's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where E I D Parry India's Debt-to-EBITDA falls into.



E I D Parry India Debt-to-EBITDA Calculation

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

E I D Parry India'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
=(10967.9 + 6434.9) / 28594.3
=0.61

E I D Parry India'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
=(10045.6 + 7096.2) / 41123.6
=0.42

* 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. 2024) EBITDA data.


E I D Parry India  (NSE:EIDPARRY) 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.


E I D Parry India Debt-to-EBITDA Related Terms

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


E I D Parry India Business Description

Traded in Other Exchanges
Address
NSC Bose Road, Parrys Corner, Dare House, New No. 2, Old 234, Chennai, TN, IND, 600 001
E I D Parry India Ltd is a sugar producer headquartered in India. The company operates through four operating segments: sugar, cogeneration, distillery, and nutraceuticals. The sugar business produces sugar from the crushing of sugarcane and generates a major part of the revenue for the company. The co-generation business produces bagasse, a byproduct of sugarcane, which is used in generating power. The distillery segment produces ethanol from molasses, a byproduct of sugarcane, which is then blended with gasoline for powering vehicles. The nutraceuticals unit produces organic products that target the human health and wellness market. The company has operations that span North America, Europe, India, and other regions of the world.

E I D Parry India Headlines

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