Eon Electric (NSE:EON) Debt-to-EBITDA : (As of Dec. 2019)

Eon Electric  (NSE:EON) 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.

Eon Electric Debt-to-EBITDA Related Terms

The historical data trend for Eon Electric'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.

Eon Electric Debt-to-EBITDA Chart

Eon Electric Annual Data
	Trend	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19
Debt-to-EBITDA		Get a 7-Day Free Trial					-	-	-	-	-

Eon Electric Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Mar17	Mar18	Jun19	Sep19	Dec19
Debt-to-EBITDA	Get a 7-Day Free Trial															-	-	-	-	-

NSE:EON vs HON, MMM, GE: Debt-to-EBITDA Comparison

For the Specialty Industrial Machinery subindustry, Eon Electric'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.

Eon Electric Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eon Electric's Debt-to-EBITDA distribution charts can be found below:

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

Eon Electric Debt-to-EBITDA Calculation

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

Eon Electric's Debt-to-EBITDA for the fiscal year that ended in Mar. 2019 is calculated as

Eon Electric's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2019 is calculated as

* 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. 2019) EBITDA data.

Eon Electric Business Description