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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 Swan Defence and Heavy Industries's Debt-to-EBITDA or its related term are showing as below:
NSE:SWANDEF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -988.4 Med: -21.9 Max: 897.49
Current: -18.5
During the past 13 years, the highest Debt-to-EBITDA Ratio of Swan Defence and Heavy Industries was 897.49. The lowest was -988.40. And the median was -21.90.
NSE:SWANDEF's Debt-to-EBITDA is ranked worse than 100% of 254
companies
in the Aerospace & Defense industry
Industry Median: 1.82
vs NSE:SWANDEF: -18.50
Swan Defence and Heavy Industries (NSE:SWANDEF) Debt-to-EBITDA Explanation
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.
Swan Defence and Heavy Industries Debt-to-EBITDA Related Terms
Swan Defence and Heavy Industries Debt-to-EBITDA Historical Data
* 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.
Swan Defence and Heavy Industries Debt-to-EBITDA Chart
NSE:SWANDEF vs SPCX, GE, RTX: Debt-to-EBITDA Comparison
For the Aerospace & Defense subindustry, Swan Defence and Heavy Industries'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.
Swan Defence and Heavy Industries Debt-to-EBITDA vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Swan Defence and Heavy Industries's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Swan Defence and Heavy Industries's Debt-to-EBITDA falls into.
* 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. 2026) EBITDA data.
Swan Defence and Heavy Industries (NSE:SWANDEF) has a Debt-to-EBITDA of -5.81 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Swan Defence and Heavy Industries. According to the industry distribution chart, Swan Defence and Heavy Industries ranks #999999 out of 254 companies in the Aerospace & Defense industry.
Is Swan Defence and Heavy Industries' Debt-to-EBITDA too high?
Swan Defence and Heavy Industries' current Debt-to-EBITDA is -5.81. Based on the distribution chart, Swan Defence and Heavy Industries ranks #999999 out of 254 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Swan Defence and Heavy Industries has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Swan Defence and Heavy Industries' Debt-to-EBITDA compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Swan Defence and Heavy Industries ranks #999999 out of 254 companies for Debt-to-EBITDA. This places Swan Defence and Heavy Industries in the lower half of its industry. The industry median Debt-to-EBITDA is 1.82. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Aerospace & Defense company?
The median Debt-to-EBITDA among Aerospace & Defense companies is 1.82, based on 254 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Swan Defence and Heavy Industries. For the Aerospace & Defense industry, the median Debt-to-EBITDA is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swan Defence and Heavy Industries's current Debt-to-EBITDA is -5.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swan Defence and Heavy Industries stock overvalued right now?
Based on GuruFocus' analysis, Swan Defence and Heavy Industries (NSE:SWANDEF) is currently considered Possible Value Trap. The stock's GF Value™ is ₹12,064.41, compared to a current price of ₹2,229.60 — trading 81.5% below its estimated fair value. The current Debt-to-EBITDA is -5.81. Swan Defence and Heavy Industries' overall GF Score™ is 31/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Swan Defence and Heavy Industries (NSE:SWANDEF), the current Debt-to-EBITDA is -5.81 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Swan Defence and Heavy Industries (NSE:SWANDEF) Overvalued in 2026?
Based on GuruFocus' analysis, Swan Defence and Heavy Industries stock appears to be undervalued.
The current stock price of ₹2,229.60 is trading 81.5% below its estimated GF Value™ of ₹12,064.41.
GuruFocus considers Swan Defence and Heavy Industries to be Possible Value Trap.
Key valuation signals for NSE:SWANDEF:
Debt-to-EBITDA: -5.81
GF Value™: ₹12,064.41 vs. price of ₹2,229.60 (81.5% below fair value)
No single metric tells the full story. See the NSE:SWANDEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swan Defence and Heavy Industries Business Description
Swan Defence and Heavy Industries Ltd is mainly engaged in the construction of vessels, repairs, and refits of ships and rigs, and heavy engineering. The company has developed an integrated shipbuilding, ship and rig repair and conversion, ship production, offshore construction, and heavy engineering facility in Gujarat. The company has a large shipbuilding/repair infrastructure in India including the Dry Dock.
31GF Score
Get the complete analysis for NSE:SWANDEF
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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