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Lexus Granito (India) (NSE:LEXUS) Debt-to-EBITDA : -7.95 (As of Mar. 2024)


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What is Lexus Granito (India) Debt-to-EBITDA?

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

Lexus Granito (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹274 Mil. Lexus Granito (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹310 Mil. Lexus Granito (India)'s annualized EBITDA for the quarter that ended in Mar. 2024 was ₹-73 Mil. Lexus Granito (India)'s annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -7.95.

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 Lexus Granito (India)'s Debt-to-EBITDA or its related term are showing as below:

NSE:LEXUS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.23   Med: 3.33   Max: 38.88
Current: 38.88

During the past 12 years, the highest Debt-to-EBITDA Ratio of Lexus Granito (India) was 38.88. The lowest was -2.23. And the median was 3.33.

NSE:LEXUS's Debt-to-EBITDA is ranked worse than
97.8% of 1366 companies
in the Construction industry
Industry Median: 2.34 vs NSE:LEXUS: 38.88

Lexus Granito (India) Debt-to-EBITDA Historical Data

The historical data trend for Lexus Granito (India)'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.

Lexus Granito (India) Debt-to-EBITDA Chart

Lexus Granito (India) 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 3.82 -2.23 2.38 11.69 38.88

Lexus Granito (India) Quarterly Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 1.01 2.83 -70.64 5.09 -7.95

Competitive Comparison of Lexus Granito (India)'s Debt-to-EBITDA

For the Building Products & Equipment subindustry, Lexus Granito (India)'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.


Lexus Granito (India)'s Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Lexus Granito (India)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Lexus Granito (India)'s Debt-to-EBITDA falls into.



Lexus Granito (India) Debt-to-EBITDA Calculation

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

Lexus Granito (India)'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
=(273.817 + 310.356) / 15.024
=38.88

Lexus Granito (India)'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
=(273.817 + 310.356) / -73.488
=-7.95

* 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.


Lexus Granito (India)  (NSE:LEXUS) 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.


Lexus Granito (India) Debt-to-EBITDA Related Terms

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


Lexus Granito (India) Business Description

Traded in Other Exchanges
N/A
Address
Lakhdhripur Road, National Highway 8A, Opposite Lakhdhripur Village, Survey No. 800, Taluka Morbi, Rajkot, GJ, IND, 363642
Lexus Granito (India) Ltd operates in the Ceramic industry. The company is a manufacturer & supplier of Polished Glazed Vitrified Tiles, Glazed Vitrified Tiles and digital wall tiles.

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