Emerald Tyre Manufacturers (NSE:ETML) Debt-to-EBITDA : 3.07 (As of Mar. 2025) — 22% Below Median

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NSE:ETML Emerald Tyre Manufacturers Ltd NSE:ETML
19 GF Score
Price ₹83.75
! 3 Warning Signs
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What is Emerald Tyre Manufacturers Debt-to-EBITDA?

Emerald Tyre Manufacturers NSE:ETML 19 Debt-to-EBITDA is 3.07 as of Mar. 2025, which is 22% below its 10-year median of 3.92. GuruFocus rates NSE:ETML with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 1,104 Vehicles & Parts companies, Emerald Tyre Manufacturers ranks worse than 62.14% on this metric.

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

Emerald Tyre Manufacturers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₹718 Mil. Emerald Tyre Manufacturers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₹164 Mil. Emerald Tyre Manufacturers's annualized EBITDA for the quarter that ended in Mar. 2025 was ₹288 Mil. Emerald Tyre Manufacturers's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 was 3.07.

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 Emerald Tyre Manufacturers's Debt-to-EBITDA or its related term are showing as below:

NSE:ETML' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.05   Med: 3.92   Max: 14.83
Current: 3.07

During the past 5 years, the highest Debt-to-EBITDA Ratio of Emerald Tyre Manufacturers was 14.83. The lowest was 3.05. And the median was 3.92.

NSE:ETML's Debt-to-EBITDA is ranked worse than
62.14% of 1104 companies
in the Vehicles & Parts industry
Industry Median: 2.29 vs NSE:ETML: 3.07

Emerald Tyre Manufacturers  (NSE:ETML) 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.


Emerald Tyre Manufacturers Debt-to-EBITDA Related Terms


Emerald Tyre Manufacturers Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Emerald Tyre Manufacturers'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.

Emerald Tyre Manufacturers Debt-to-EBITDA Chart

Emerald Tyre Manufacturers Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Debt-to-EBITDA
14.83 5.57 3.92 3.05 3.07

Emerald Tyre Manufacturers Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Debt-to-EBITDA 14.83 5.57 3.92 3.05 3.07

NSE:ETML vs ORLY, AZO: Debt-to-EBITDA Comparison

For the Auto Parts subindustry, Emerald Tyre Manufacturers'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.


Emerald Tyre Manufacturers Debt-to-EBITDA vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Emerald Tyre Manufacturers's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Emerald Tyre Manufacturers's Debt-to-EBITDA falls into.


NSE:ETML
19GF Score
Emerald Tyre Manufacturers Ltd NSE:ETML
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Emerald Tyre Manufacturers Debt-to-EBITDA Calculation

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

Emerald Tyre Manufacturers's Debt-to-EBITDA for the fiscal year that ended in Mar. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(718.173 + 164.043) / 287.503
=3.07

Emerald Tyre Manufacturers's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(718.173 + 164.043) / 287.503
=3.07

* 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 one times the quarterly (Mar. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.07 mean?
Emerald Tyre Manufacturers (NSE:ETML) has a Debt-to-EBITDA of 3.07 as of Mar. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Emerald Tyre Manufacturers. This is 22% below median its historical median of 3.92. Over the past decade, Emerald Tyre Manufacturers' Debt-to-EBITDA has ranged from 3.05 to 14.83. According to the industry distribution chart, Emerald Tyre Manufacturers ranks #686 out of 1104 companies in the Vehicles & Parts industry, placing it in the top 62.1%.
Is Emerald Tyre Manufacturers' Debt-to-EBITDA too high?
Emerald Tyre Manufacturers' current Debt-to-EBITDA of 3.07 is 22% below median its 10-year median of 3.92. Over the past 10 years, this metric has ranged from a low of 3.05 to a high of 14.83. The Vehicles & Parts industry median Debt-to-EBITDA is 2.29. Emerald Tyre Manufacturers' value of 3.07 is 34.1% above this industry median. Based on the distribution chart, Emerald Tyre Manufacturers ranks #686 out of 1104 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Emerald Tyre Manufacturers has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Emerald Tyre Manufacturers' Debt-to-EBITDA compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Emerald Tyre Manufacturers ranks #686 out of 1104 companies for Debt-to-EBITDA. This places Emerald Tyre Manufacturers in the lower half of its industry. The industry median Debt-to-EBITDA is 2.29. Emerald Tyre Manufacturers' value of 3.07 is 34.1% above this benchmark. Historically, Emerald Tyre Manufacturers' own Debt-to-EBITDA has ranged from 3.05 to 14.83 over the past decade. While the company's 10-year median is 3.92 vs. the industry median of 2.29, Emerald Tyre Manufacturers has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Vehicles & Parts company?
The median Debt-to-EBITDA among Vehicles & Parts companies is 2.29, based on 1,104 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Emerald Tyre Manufacturers's current Debt-to-EBITDA of 3.07 is 34.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Emerald Tyre Manufacturers. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerald Tyre Manufacturers's current Debt-to-EBITDA is 3.07, which is 22% below median its own 10-year median of 3.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Tyre Manufacturers stock overvalued right now?
Emerald Tyre Manufacturers (NSE:ETML) has a current Debt-to-EBITDA of 3.07. The current Debt-to-EBITDA is 3.07, which is 22% below median its 10-year median of 3.92 and 34.1% above the Vehicles & Parts industry median of 2.29. Emerald Tyre Manufacturers' overall GF Score™ is 19/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Emerald Tyre Manufacturers (NSE:ETML), the current Debt-to-EBITDA is 3.07 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Emerald Tyre Manufacturers Business Description

Address Second Street Porur Gardens, Emerald House, Plot No.2, Phase-I, Vanagaram, Tiruvallur, Poonamallee, TN, IND, 600095
Emerald Tyre Manufacturers Ltd is engaged in the Business of Manufacturing, Supplying and Services for a comprehensive range of tyres for material handling applications, like forklifts, skid loaders, ground support equipment of Airports, Port trailers, agri implements, lawn and garden mowers, mining equipment, aerial work platform trucks, backhoe loaders, etc.
19GF Score

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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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