Greenpanel Industries (NSE:GREENPANEL) Debt-to-EBITDA : 1.33 (As of Mar. 2024)

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What is Greenpanel Industries Debt-to-EBITDA?

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

Greenpanel Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹369 Mil. Greenpanel Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,592 Mil. Greenpanel Industries's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹2,227 Mil. Greenpanel Industries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.33.

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 Greenpanel Industries's Debt-to-EBITDA or its related term are showing as below:

NSE:GREENPANEL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.53 Med: 1.79 Max: 7.02
Current: 1.53

During the past 7 years, the highest Debt-to-EBITDA Ratio of Greenpanel Industries was 7.02. The lowest was 0.53. And the median was 1.79.

NSE:GREENPANEL's Debt-to-EBITDA is ranked better than
68.61% of 223 companies
in the Forest Products industry
Industry Median: 3.44 vs NSE:GREENPANEL: 1.53

Greenpanel Industries Debt-to-EBITDA Historical Data

The historical data trend for Greenpanel Industries'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.

Greenpanel Industries Debt-to-EBITDA Chart

Greenpanel Industries Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

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5.37

2.46

0.72

0.53

1.12

Greenpanel Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial															-	0.77	0.60	-	1.33

Competitive Comparison of Greenpanel Industries's Debt-to-EBITDA

For the Lumber & Wood Production subindustry, Greenpanel Industries'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.

Greenpanel Industries's Debt-to-EBITDA Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Greenpanel Industries's Debt-to-EBITDA distribution charts can be found below:

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

Greenpanel Industries Debt-to-EBITDA Calculation

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

Greenpanel Industries'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
	=	(368.926	+	2591.898)	/	2653.161
	=	1.12

Greenpanel Industries'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
	=	(368.926	+	2591.898)	/	2227.136
	=	1.33

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 (Mar. 2024) EBITDA data.

Greenpanel Industries (NSE:GREENPANEL) 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.

Greenpanel Industries Debt-to-EBITDA Related Terms

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

Greenpanel Industries (NSE:GREENPANEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Greenpanel Industries Ltd (NSE:GREENPANEL) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

542857:India

Address

163, S.P. Mukherjee Road, Thapar House, 2nd Floor, Kolkata, WB, IND, 700 026

Website

https://www.greenpanel.com

Greenpanel Industries Ltd is a manufacturer of wood panels. It offers products such as Medium Density Fibre Boards, Plywood, Block Boards, Veneers, Wood Floors, and Doors. The operating segment of the company includes Plywood and allied products and Medium density fibreboards and allied products. The company generates maximum revenue from Medium density fibreboards and allied products segment. Geographically, it derives a majority of its revenue from India.

Greenpanel Industries (NSE:GREENPANEL) Headlines

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