Jay Bee Laminations (NSE:JAYBEE) Debt-to-EBITDA : 3.28 (As of Mar. 2024) — 180% Above Median

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NSE:JAYBEE Jay Bee Laminations Ltd NSE:JAYBEE
48 GF Score
Price ₹83.80
! 4 Warning Signs
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What is Jay Bee Laminations Debt-to-EBITDA?

Jay Bee Laminations NSE:JAYBEE +1.17% 48 Debt-to-EBITDA is 3.28 as of Mar. 2024, which is 180% above its 10-year median of 1.17. GuruFocus rates NSE:JAYBEE with a GF Score™ of 48/100. The stock has 4 warning signs investors should review. Among 2,319 Industrial Products companies, Jay Bee Laminations ranks better than 66.36% on this metric.

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

Jay Bee Laminations's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹201.3 Mil. Jay Bee Laminations's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹40.3 Mil. Jay Bee Laminations's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹294.9 Mil. Jay Bee Laminations's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.82.

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 Jay Bee Laminations's Debt-to-EBITDA or its related term are showing as below:

NSE:JAYBEE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.55   Med: 1.17   Max: 25.5
Current: 0.89

During the past 6 years, the highest Debt-to-EBITDA Ratio of Jay Bee Laminations was 25.50. The lowest was 0.55. And the median was 1.17.

NSE:JAYBEE's Debt-to-EBITDA is ranked better than
66.36% of 2319 companies
in the Industrial Products industry
Industry Median: 1.69 vs NSE:JAYBEE: 0.89

Jay Bee Laminations  (NSE:JAYBEE) 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.


Jay Bee Laminations Debt-to-EBITDA Related Terms


Jay Bee Laminations Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Jay Bee Laminations'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.

Jay Bee Laminations Debt-to-EBITDA Chart

Jay Bee Laminations Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial 2.12 1.28 0.75 0.54 0.89

Jay Bee Laminations Quarterly Data
Mar24
Debt-to-EBITDA 3.28

NSE:JAYBEE vs ATI, CRS, MLI: Debt-to-EBITDA Comparison

For the Metal Fabrication subindustry, Jay Bee Laminations'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.


Jay Bee Laminations Debt-to-EBITDA vs Industrial Products Industry

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

* The bar in red indicates where Jay Bee Laminations's Debt-to-EBITDA falls into.


NSE:JAYBEE
48GF Score
Jay Bee Laminations Ltd NSE:JAYBEE
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Jay Bee Laminations Debt-to-EBITDA Calculation

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

Jay Bee Laminations'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
=(274.253 + 45.622) / 358.002
=0.89

Jay Bee Laminations'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
=(201.313 + 40.303) / 294.916
=0.82

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.28 mean?
Jay Bee Laminations (NSE:JAYBEE) has a Debt-to-EBITDA of 3.28 as of Mar. 2024. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Jay Bee Laminations. This is 180% above median its historical median of 1.17. Over the past decade, Jay Bee Laminations' Debt-to-EBITDA has ranged from 0.55 to 25.50. According to the industry distribution chart, Jay Bee Laminations ranks #780 out of 2319 companies in the Industrial Products industry, placing it in the top 33.6%.
Is Jay Bee Laminations' Debt-to-EBITDA too high?
Jay Bee Laminations' current Debt-to-EBITDA of 3.28 is 180% above median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 25.50. The Industrial Products industry median Debt-to-EBITDA is 1.69. Jay Bee Laminations' value of 3.28 is 94.1% above this industry median. Based on the distribution chart, Jay Bee Laminations ranks #780 out of 2319 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Jay Bee Laminations has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Jay Bee Laminations' Debt-to-EBITDA compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Jay Bee Laminations ranks #780 out of 2319 companies for Debt-to-EBITDA. This puts Jay Bee Laminations in the upper half of its industry. The industry median Debt-to-EBITDA is 1.69. Jay Bee Laminations' value of 3.28 is 94.1% above this benchmark. Historically, Jay Bee Laminations' own Debt-to-EBITDA has ranged from 0.55 to 25.50 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.69, Jay Bee Laminations 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 an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.69, based on 2,319 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. Jay Bee Laminations's current Debt-to-EBITDA of 3.28 is 94.1% 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 Jay Bee Laminations. For the Industrial Products industry, the median Debt-to-EBITDA is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jay Bee Laminations's current Debt-to-EBITDA is 3.28, which is 180% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jay Bee Laminations stock overvalued right now?
Jay Bee Laminations (NSE:JAYBEE) has a current Debt-to-EBITDA of 3.28. The current Debt-to-EBITDA is 3.28, which is 180% above median its 10-year median of 1.17 and 94.1% above the Industrial Products industry median of 1.69. Jay Bee Laminations' overall GF Score™ is 48/100 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 Jay Bee Laminations (NSE:JAYBEE), the current Debt-to-EBITDA is 3.28 as of Mar. 2024. 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.

Jay Bee Laminations Business Description

Address Gautam Buddha Nagar, A 18, 19 and 21, Phase II, Nagla Charandas, Dadri, Noida, UP, IND, 201305
Jay Bee Laminations Ltd is an Indian manufacturer of electrical steel components used in power and electrical equipment. Its product range includes electrical laminations, slit coils, and assembled cores produced from cold rolled grain oriented (CRGO) silicon steel and cold rolled non-grain oriented (CRNGO) steel. These components are used in transformers, uninterruptible power supplies (UPS), and inverters, serving customers in the power industry and related electrical equipment manufacturing sectors. The company operates primarily in India, supplying domestic transformer makers and electrical equipment manufacturers. Its revenue model is based on manufacturing and selling these steel components, with earnings driven by order volumes from power sector customers and the availability and pricing of CRGO and CRNGO steel, which are largely imported raw materials. The business is tied to demand from electricity transmission, distribution, and industrial power infrastructure.
48GF Score

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

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