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LEEL Electricals (NSE:LEEL) Debt-to-EBITDA : 0.69 (As of Mar. 2018)


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What is LEEL Electricals Debt-to-EBITDA?

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

LEEL Electricals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was ₹5,488 Mil. LEEL Electricals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was ₹2 Mil. LEEL Electricals's annualized EBITDA for the quarter that ended in Mar. 2018 was ₹7,946 Mil. LEEL Electricals's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2018 was 0.69.

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 LEEL Electricals's Debt-to-EBITDA or its related term are showing as below:

NSE:LEEL's Debt-to-EBITDA is not ranked *
in the Industrial Products industry.
Industry Median: 1.695
* Ranked among companies with meaningful Debt-to-EBITDA only.

LEEL Electricals Debt-to-EBITDA Historical Data

The historical data trend for LEEL Electricals'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.

LEEL Electricals Debt-to-EBITDA Chart

LEEL Electricals Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.47 3.93 5.56 4.25 0.69

LEEL Electricals Semi-Annual Data
Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.47 3.93 5.56 4.25 0.69

Competitive Comparison of LEEL Electricals's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, LEEL Electricals'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.


LEEL Electricals's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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



LEEL Electricals Debt-to-EBITDA Calculation

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

LEEL Electricals's Debt-to-EBITDA for the fiscal year that ended in Mar. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5488.3 + 2.1) / 7945.6
=0.69

LEEL Electricals's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5488.3 + 2.1) / 7945.6
=0.69

* 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 one times the quarterly (Mar. 2018) EBITDA data.


LEEL Electricals  (NSE:LEEL) 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.


LEEL Electricals Debt-to-EBITDA Related Terms

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


LEEL Electricals (NSE:LEEL) Business Description

Traded in Other Exchanges
N/A
Address
159, Okhla Industrial Estate, Phase - III, New Delhi, Delhi, IND, 110020
LEEL Electricals Ltd is an India-based heat exchangers coils manufacturer. It manufactures air conditioners for various brands including its own brand of LLOYD. The company also manufactures consumer durable business under Lloyd brand which includes product portfolio like Air-Conditioner, LED TV, Washing Machines, Chest Freezers and other small home appliances. Lloyd's segments are OEM and Packaged Air conditioning Segment, and Heat Exchangers and Components Segments but OEM and Packaged Air conditioning Segment generates the majority of the revenue.

LEEL Electricals (NSE:LEEL) Headlines

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