Jeyyam Global Foods (NSE:JEYYAM) Debt-to-EBITDA : 2.92 (As of Mar. 2024)

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What is Jeyyam Global Foods Debt-to-EBITDA?

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

Jeyyam Global Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹712 Mil. Jeyyam Global Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹250 Mil. Jeyyam Global Foods's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹329 Mil. Jeyyam Global Foods's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.92.

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 Jeyyam Global Foods's Debt-to-EBITDA or its related term are showing as below:

NSE:JEYYAM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.88 Med: 3.76 Max: 5.41
Current: 2.92

During the past 4 years, the highest Debt-to-EBITDA Ratio of Jeyyam Global Foods was 5.41. The lowest was 2.88. And the median was 3.76.

NSE:JEYYAM's Debt-to-EBITDA is ranked worse than
61.38% of 1507 companies
in the Consumer Packaged Goods industry
Industry Median: 2.03 vs NSE:JEYYAM: 2.92

Jeyyam Global Foods Debt-to-EBITDA Historical Data

The historical data trend for Jeyyam Global Foods'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.

Jeyyam Global Foods Debt-to-EBITDA Chart

Jeyyam Global Foods Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

4.61

2.88

5.41

2.92

Jeyyam Global Foods Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Debt-to-EBITDA	4.61	2.88	5.41	2.92

Competitive Comparison of Jeyyam Global Foods's Debt-to-EBITDA

For the Packaged Foods subindustry, Jeyyam Global Foods'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.

Jeyyam Global Foods's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jeyyam Global Foods's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Jeyyam Global Foods's Debt-to-EBITDA falls into.

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Jeyyam Global Foods Debt-to-EBITDA Calculation

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

Jeyyam Global Foods'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
	=	(712.356	+	249.694)	/	329.472
	=	2.92

Jeyyam Global Foods'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
	=	(712.356	+	249.694)	/	329.472
	=	2.92

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.

Jeyyam Global Foods (NSE:JEYYAM) 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.

Jeyyam Global Foods Debt-to-EBITDA Related Terms

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

Jeyyam Global Foods Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jeyyam Global Foods Ltd (NSE:JEYYAM) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.37 (Old No.19), Padmavathiyar Road, Gopalapuram, Chennai, TN, IND, 600 086

Website

https://www.jeyyamfoods.com

Jeyyam Global Foods Ltd specializes in manufacturing and/or processing and supplying Bengal Gram (locally known as Chana), Fried Gram, and Besan Flour to a wide variety of markets like Distributors, Large Retailers, Hotels, Restaurants, Caterers, Branded Supermarkets, and Wholesalers. The Company is continuously engaged in undertaking research and development and is ready to enter into the B2C business of spices and masala, ready-to-cook and ready-to-eat foods, salt, sugar, soya, and vermicelli, among others.

Jeyyam Global Foods Headlines

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