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Mangalam Worldwide (NSE:MWL) Debt-to-EBITDA : 2.11 (As of Mar. 2024)


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What is Mangalam Worldwide Debt-to-EBITDA?

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

Mangalam Worldwide's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹843 Mil. Mangalam Worldwide's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹183 Mil. Mangalam Worldwide's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹487 Mil. Mangalam Worldwide's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.11.

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

NSE:MWL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.19   Med: 3.25   Max: 6.21
Current: 2.46

During the past 6 years, the highest Debt-to-EBITDA Ratio of Mangalam Worldwide was 6.21. The lowest was 2.19. And the median was 3.25.

NSE:MWL's Debt-to-EBITDA is ranked better than
55.67% of 503 companies
in the Steel industry
Industry Median: 2.82 vs NSE:MWL: 2.46

Mangalam Worldwide Debt-to-EBITDA Historical Data

The historical data trend for Mangalam Worldwide'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.

Mangalam Worldwide Debt-to-EBITDA Chart

Mangalam Worldwide Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial 6.12 3.01 2.19 3.50 2.46

Mangalam Worldwide Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only 1.32 1.41 2.86 3.30 2.11

Competitive Comparison of Mangalam Worldwide's Debt-to-EBITDA

For the Steel subindustry, Mangalam Worldwide'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.


Mangalam Worldwide's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mangalam Worldwide's Debt-to-EBITDA distribution charts can be found below:

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



Mangalam Worldwide Debt-to-EBITDA Calculation

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

Mangalam Worldwide'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
=(842.588 + 182.592) / 416.232
=2.46

Mangalam Worldwide'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
=(842.588 + 182.592) / 486.51
=2.11

* 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 two times the quarterly (Mar. 2024) EBITDA data.


Mangalam Worldwide  (NSE:MWL) 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.


Mangalam Worldwide Debt-to-EBITDA Related Terms

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


Mangalam Worldwide Business Description

Traded in Other Exchanges
N/A
Address
102, Mangalam Corporate House, 42, Shrimali Society, Netaji Marg, Mithakhali, Navrangpura, Ahmedabad, GJ, IND, 380009
Mangalam Worldwide Ltd is engaged in the manufacturing of stainless steel. The company manufactures Stainless Steel Billets and SS Flat Bars.

Mangalam Worldwide Headlines

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