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Foseco India (NSE:FOSECOIND) Debt-to-EBITDA : 0.00 (As of Sep. 2024)


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What is Foseco India Debt-to-EBITDA?

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

Foseco India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0 Mil. Foseco India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0 Mil. Foseco India's annualized EBITDA for the quarter that ended in Sep. 2024 was ₹1,129 Mil. Foseco India's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 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 Foseco India's Debt-to-EBITDA or its related term are showing as below:

NSE:FOSECOIND' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.08
Current: 0.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of Foseco India was 0.08. The lowest was 0.01. And the median was 0.03.

NSE:FOSECOIND's Debt-to-EBITDA is ranked better than
97.99% of 1192 companies
in the Chemicals industry
Industry Median: 2.37 vs NSE:FOSECOIND: 0.02

Foseco India Debt-to-EBITDA Historical Data

The historical data trend for Foseco 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.

Foseco India Debt-to-EBITDA Chart

Foseco India Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.01

Foseco 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 - 0.01 - 0.02 -

Competitive Comparison of Foseco India's Debt-to-EBITDA

For the Chemicals subindustry, Foseco 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.


Foseco India's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Foseco India's Debt-to-EBITDA distribution charts can be found below:

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



Foseco India Debt-to-EBITDA Calculation

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

Foseco India's Debt-to-EBITDA for the fiscal year 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
=(2.302 + 9.174) / 1030.184
=0.01

Foseco 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
=(0 + 0) / 1128.612
=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 (Sep. 2024) EBITDA data.


Foseco India  (NSE:FOSECOIND) 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.


Foseco India Debt-to-EBITDA Related Terms

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


Foseco India Business Description

Traded in Other Exchanges
Address
Gat Nos. 922 and 923, Sanaswadi, Taluka Shirur, Pune, MH, IND, 412208
Foseco India Ltd is engaged in the manufacture of products used in the metallurgical industry. Its products are additives and consumables that improve the physical properties and performance of castings. Some of its products are; INSTA Coatings which is a water-based powder coating for ferrous castings, SEMO CC Coatings, and SEMCO FDC among others. The manufacturing activities are at Sanaswadi, Pune, and Puducherry. Its solutions are categorized as Foundry, Iron & Steel, and Industrial Processes. The company generates a majority of its revenue from its business in India.

Foseco India Headlines

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