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Goldstar Power (NSE:GOLDSTAR) Debt-to-EBITDA : 2.07 (As of Mar. 2024)


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What is Goldstar Power Debt-to-EBITDA?

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

Goldstar Power's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹133.8 Mil. Goldstar Power's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹48.4 Mil. Goldstar Power's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹88.0 Mil. Goldstar Power's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.07.

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 Goldstar Power's Debt-to-EBITDA or its related term are showing as below:

NSE:GOLDSTAR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.65   Med: 3.01   Max: 7.06
Current: 2.07

During the past 12 years, the highest Debt-to-EBITDA Ratio of Goldstar Power was 7.06. The lowest was 1.65. And the median was 3.01.

NSE:GOLDSTAR's Debt-to-EBITDA is ranked worse than
55.93% of 2276 companies
in the Industrial Products industry
Industry Median: 1.725 vs NSE:GOLDSTAR: 2.07

Goldstar Power Debt-to-EBITDA Historical Data

The historical data trend for Goldstar Power'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.

Goldstar Power Debt-to-EBITDA Chart

Goldstar Power 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 3.28 4.50 5.08 1.65 2.07

Goldstar Power Semi-Annual Data
Mar13 Mar14 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 Premium Member Only Premium Member Only 3.28 4.50 5.08 1.65 2.07

Competitive Comparison of Goldstar Power's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Goldstar Power'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.


Goldstar Power's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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


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Goldstar Power Debt-to-EBITDA Calculation

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

Goldstar Power'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
=(133.825 + 48.357) / 87.956
=2.07

Goldstar Power'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
=(133.825 + 48.357) / 87.956
=2.07

* 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. 2024) EBITDA data.


Goldstar Power  (NSE:GOLDSTAR) 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.


Goldstar Power Debt-to-EBITDA Related Terms

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


Goldstar Power Business Description

Traded in Other Exchanges
N/A
Address
Rajkot Highway, Behind Ravi Petrol Pump, At & Post Hapa, Jamanagar, GJ, IND, 361120
Goldstar Power Ltd is a battery manufacturing Company. It sells its products under brand GOLDSTAR that includes Fully Automotive Batteries for Car, Tractor and Heavy Duty Trucks, Tubular Batteries for E-Rickshaw, SMF-VRLA Batteries for UPS Application, Motorcycle Batteries, Solar Batteries, Pure Lead and Alloy. The company has two reportable segments: Manufacturing of Battery, Lead Alloy and Trading of Inverter, Chemicals & other battery related equipment. Key revenue is generated from Manufacturing of Battery, Lead Alloy segment.

Goldstar Power Headlines

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