Insolation Energy (NSE:INA) Debt-to-EBITDA : 2.04 (As of Mar. 2026) — 12% Above Median

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NSE:INA Insolation Energy Ltd NSE:INA
61 GF Score
Price ₹93.79
GF Value ₹435.95
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Insolation Energy Debt-to-EBITDA?

Insolation Energy NSE:INA +0.40% 61 Debt-to-EBITDA is 2.04 as of Mar. 2026, which is 12% above its 10-year median of 1.82. GuruFocus rates NSE:INA with a GF Score™ of 61/100 and a GF Value™ of ₹435.95 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 739 Semiconductors companies, Insolation Energy ranks worse than 77.67% on this metric.

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

Insolation Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹3,718 Mil. Insolation Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹5,162 Mil. Insolation Energy's annualized EBITDA for the quarter that ended in Mar. 2026 was ₹4,364 Mil. Insolation Energy's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.03.

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 Insolation Energy's Debt-to-EBITDA or its related term are showing as below:

NSE:INA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.63   Med: 1.82   Max: 4.65
Current: 4.65

During the past 7 years, the highest Debt-to-EBITDA Ratio of Insolation Energy was 4.65. The lowest was 0.63. And the median was 1.82.

NSE:INA's Debt-to-EBITDA is ranked worse than
77.67% of 739 companies
in the Semiconductors industry
Industry Median: 1.34 vs NSE:INA: 4.65

Insolation Energy  (NSE:INA) 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.


Insolation Energy Debt-to-EBITDA Related Terms


Insolation Energy Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Insolation Energy'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.

Insolation Energy Debt-to-EBITDA Chart

Insolation Energy Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial 2.34 3.55 1.15 0.63 2.92

Insolation Energy Quarterly Data
Mar20 Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.47 N/A 0.00 2.04

NSE:INA vs FSLR, NXT, ENPH: Debt-to-EBITDA Comparison

For the Solar subindustry, Insolation Energy'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.


Insolation Energy Debt-to-EBITDA vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Insolation Energy's Debt-to-EBITDA distribution charts can be found below:

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


NSE:INA
61GF Score
Insolation Energy Ltd NSE:INA
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Insolation Energy Debt-to-EBITDA Calculation

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

Insolation Energy's Debt-to-EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3717.644 + 5161.524) / 3046.241
=2.91

Insolation Energy's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3717.644 + 5161.524) / 4364.16
=2.03

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.04 mean?
Insolation Energy (NSE:INA) has a Debt-to-EBITDA of 2.04 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Insolation Energy. This is 12% above median its historical median of 1.82. Over the past decade, Insolation Energy's Debt-to-EBITDA has ranged from 0.63 to 4.65. According to the industry distribution chart, Insolation Energy ranks #574 out of 739 companies in the Semiconductors industry, placing it in the top 77.7%.
Is Insolation Energy's Debt-to-EBITDA too high?
Insolation Energy's current Debt-to-EBITDA of 2.04 is 12% above median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 4.65. The Semiconductors industry median Debt-to-EBITDA is 1.34. Insolation Energy's value of 2.04 is 52.2% above this industry median. Based on the distribution chart, Insolation Energy ranks #574 out of 739 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Insolation Energy has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Insolation Energy's Debt-to-EBITDA compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Insolation Energy ranks #574 out of 739 companies for Debt-to-EBITDA. This places Insolation Energy in the lower half of its industry. The industry median Debt-to-EBITDA is 1.34. Insolation Energy's value of 2.04 is 52.2% above this benchmark. Historically, Insolation Energy's own Debt-to-EBITDA has ranged from 0.63 to 4.65 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 1.34, Insolation Energy 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 Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.34, based on 739 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. Insolation Energy's current Debt-to-EBITDA of 2.04 is 52.2% 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 Insolation Energy. For the Semiconductors industry, the median Debt-to-EBITDA is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Insolation Energy's current Debt-to-EBITDA is 2.04, which is 12% above median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Insolation Energy stock overvalued right now?
Based on GuruFocus' analysis, Insolation Energy (NSE:INA) is currently considered Possible Value Trap. The stock's GF Value™ is ₹435.95, compared to a current price of ₹93.79 — trading 78.5% below its estimated fair value. The current Debt-to-EBITDA is 2.04, which is 12% above median its 10-year median of 1.82 and 52.2% above the Semiconductors industry median of 1.34. Insolation Energy's overall GF Score™ is 61/100 with 4 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 Insolation Energy (NSE:INA), the current Debt-to-EBITDA is 2.04 as of Mar. 2026. 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.

Is Insolation Energy (NSE:INA) Overvalued in 2026?

Based on GuruFocus' analysis, Insolation Energy stock appears to be undervalued. The current stock price of ₹93.79 is trading 78.5% below its estimated GF Value™ of ₹435.95. GuruFocus considers Insolation Energy to be Possible Value Trap.

Key valuation signals for NSE:INA:

  • Debt-to-EBITDA: 2.04 (12% above median its 10-year median of 1.82)
  • GF Value™: ₹435.95 vs. price of ₹93.79 (78.5% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 52.2% above the Semiconductors median (#574 of 739)

No single metric tells the full story. See the NSE:INA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Insolation Energy Business Description

Other Exchanges 543620:India
Address New Aatish Market Extension, Gopalpura Bypass, C-02, Fluidcon House, Behind Inox Cinema Hall, Jaipur, RJ, IND, 302020
Insolation Energy Ltd is an India-based company engaged in manufacturing solar panels under the brand name INA. The products of the company include Solar Module, Solar PCU, Solar Battery, and Solar Charge Controller.
61GF Score

Get the complete analysis for NSE:INA

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

₹93.79
Price
₹435.95
GF Value