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Marshall Machines (NSE:MARSHALL) Debt-to-EBITDA : -13.08 (As of Sep. 2023)


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What is Marshall Machines Debt-to-EBITDA?

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

Marshall Machines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹281.05 Mil. Marshall Machines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹186.82 Mil. Marshall Machines's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹-35.76 Mil. Marshall Machines's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -13.08.

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

NSE:MARSHALL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -52.33   Med: 3.08   Max: 4.82
Current: -52.33

During the past 10 years, the highest Debt-to-EBITDA Ratio of Marshall Machines was 4.82. The lowest was -52.33. And the median was 3.08.

NSE:MARSHALL's Debt-to-EBITDA is ranked worse than
100% of 2288 companies
in the Industrial Products industry
Industry Median: 1.7 vs NSE:MARSHALL: -52.33

Marshall Machines Debt-to-EBITDA Historical Data

The historical data trend for Marshall Machines'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.

Marshall Machines Debt-to-EBITDA Chart

Marshall Machines 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 2.41 2.38 4.54 0.06 0.77

Marshall Machines Quarterly Data
Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Sep22 Mar23 Sep23
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 - 0.02 6.52 N/A -13.08

Competitive Comparison of Marshall Machines's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Marshall Machines'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.


Marshall Machines's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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



Marshall Machines Debt-to-EBITDA Calculation

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

Marshall Machines'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
=(2.735 + 1.79) / 5.849
=0.77

Marshall Machines's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(281.047 + 186.821) / -35.764
=-13.08

* 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 (Sep. 2023) EBITDA data.


Marshall Machines  (NSE:MARSHALL) 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.


Marshall Machines Debt-to-EBITDA Related Terms

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


Marshall Machines (NSE:MARSHALL) Business Description

Traded in Other Exchanges
N/A
Address
C 86, Phase-V, Focal Point, Ludhiana, PB, IND, 141010
Marshall Machines Ltd is an India based company engaged in the business of developing, manufacturing and marketing of Machine Tool Equipment including a wide range of Single spindle, Patented double and four spindle CNC machines, Automated robotic solutions and patent pending IoTQ suite of intelligent equipment. The company also sells machine parts of the manufactured machines as well to existing machinery buyers. Its products and services are offered to a wide range of industries including manufacturers of Axles, Crankshafts, Auto Parts, Fans, Pumps, Bearings, Gear Blanks, and Bushes among others. The company sells its products in India and also exports it to other countries, of which key revenue is generated from sales made within the country.

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