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ISGEC Heavy Engineering (NSE:ISGEC) Debt-to-EBITDA : 1.44 (As of Mar. 2024)


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What is ISGEC Heavy Engineering Debt-to-EBITDA?

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

ISGEC Heavy Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,867 Mil. ISGEC Heavy Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4,277 Mil. ISGEC Heavy Engineering's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹5,665 Mil. ISGEC Heavy Engineering's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.44.

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 ISGEC Heavy Engineering's Debt-to-EBITDA or its related term are showing as below:

NSE:ISGEC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.5   Med: 1.58   Max: 3.8
Current: 1.55

During the past 13 years, the highest Debt-to-EBITDA Ratio of ISGEC Heavy Engineering was 3.80. The lowest was 0.50. And the median was 1.58.

NSE:ISGEC's Debt-to-EBITDA is ranked better than
52.56% of 2289 companies
in the Industrial Products industry
Industry Median: 1.7 vs NSE:ISGEC: 1.55

ISGEC Heavy Engineering Debt-to-EBITDA Historical Data

The historical data trend for ISGEC Heavy Engineering'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.

ISGEC Heavy Engineering Debt-to-EBITDA Chart

ISGEC Heavy Engineering 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 2.80 1.96 3.80 2.64 1.55

ISGEC Heavy Engineering Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.82 - 1.75 - 1.44

Competitive Comparison of ISGEC Heavy Engineering's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, ISGEC Heavy Engineering'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.


ISGEC Heavy Engineering's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

* The bar in red indicates where ISGEC Heavy Engineering's Debt-to-EBITDA falls into.



ISGEC Heavy Engineering Debt-to-EBITDA Calculation

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

ISGEC Heavy Engineering'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
=(3866.5 + 4277.3) / 5240.8
=1.55

ISGEC Heavy Engineering'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
=(3866.5 + 4277.3) / 5665.2
=1.44

* 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. 2024) EBITDA data.


ISGEC Heavy Engineering  (NSE:ISGEC) 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.


ISGEC Heavy Engineering Debt-to-EBITDA Related Terms

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


ISGEC Heavy Engineering (NSE:ISGEC) Business Description

Traded in Other Exchanges
Address
A-4, Sector 24, Noida, UP, IND, 201 301
ISGEC Heavy Engineering Ltd is an India-based company that provides diversified engineering products and services. The company is divided into two segments. The manufacturing of machinery & equipment segment generates revenue based on orders for process plant equipment, presses, castings, boiler components, and liquified gas containers. The engineering, procurement & construction segment generates revenue based on contract manufacturing and execution of projects for setting up sugar plants, power plants, boilers, buildings, factories, and other plant equipment. The company earns the larger part of its revenue in India and the rest from international markets.

ISGEC Heavy Engineering (NSE:ISGEC) Headlines

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