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Marico (NSE:MARICO) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Marico Debt-to-EBITDA?

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

Marico's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Marico's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Marico's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹22,240 Mil. Marico's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

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

NSE:MARICO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.19   Med: 0.31   Max: 0.85
Current: 0.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of Marico was 0.85. The lowest was 0.19. And the median was 0.31.

NSE:MARICO's Debt-to-EBITDA is ranked better than
83.79% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs NSE:MARICO: 0.32

Marico Debt-to-EBITDA Historical Data

The historical data trend for Marico'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.

Marico Debt-to-EBITDA Chart

Marico Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.34 0.30 0.27 0.32

Marico Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 0.30 - 0.35 0.23 -

Competitive Comparison of Marico's Debt-to-EBITDA

For the Household & Personal Products subindustry, Marico'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.


Marico's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

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



Marico Debt-to-EBITDA Calculation

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

Marico's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5150 + 930) / 19300
=0.32

Marico's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

* 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 (Dec. 2023) EBITDA data.


Marico  (NSE:MARICO) 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.


Marico Debt-to-EBITDA Related Terms

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


Marico (NSE:MARICO) Business Description

Traded in Other Exchanges
Address
175, CST Road, 7th floor, Grande Palladium, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098
Marico Ltd is an Indian beauty and wellness products company. The company is present in emerging markets across Asia and Africa. The cosmetic product categories are hair care, male grooming, skin care, edible oils, health foods, and fabric care. Locally, Marico sells under brands such as Parachute, Parachute Advansed, Nihar, Nihar Naturals, Saffola, Hair & Care, Livon, Set Wet, Mediker, and Revive. Internationally, the company offers the following brands: Parachute, HairCode, Hercules, Black Chic, Code 10, Fiancee, Caivil, Ingwe, X-Men, and Thuan Phat.

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