United Heat Transfer (NSE:UHTL) Debt-to-EBITDA : 2.65 (As of Sep. 2025) — 23% Below Median

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NSE:UHTL United Heat Transfer Ltd NSE:UHTL
16 GF Score
Price ₹108.80
! 2 Warning Signs
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What is United Heat Transfer Debt-to-EBITDA?

United Heat Transfer NSE:UHTL -0.09% 16 Debt-to-EBITDA is 2.65 as of Sep. 2025, which is 23% below its 10-year median of 3.43. GuruFocus rates NSE:UHTL with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 2,332 Industrial Products companies, United Heat Transfer ranks worse than 55.7% on this metric.

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

United Heat Transfer's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was ₹134.9 Mil. United Heat Transfer's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was ₹45.8 Mil. United Heat Transfer's annualized EBITDA for the quarter that ended in Sep. 2025 was ₹68.2 Mil. United Heat Transfer's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2025 was 2.65.

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 United Heat Transfer's Debt-to-EBITDA or its related term are showing as below:

NSE:UHTL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.47   Med: 3.43   Max: 6.28
Current: 2.13

During the past 4 years, the highest Debt-to-EBITDA Ratio of United Heat Transfer was 6.28. The lowest was 1.47. And the median was 3.43.

NSE:UHTL's Debt-to-EBITDA is ranked worse than
55.7% of 2332 companies
in the Industrial Products industry
Industry Median: 1.7 vs NSE:UHTL: 2.13

United Heat Transfer  (NSE:UHTL) 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.


United Heat Transfer Debt-to-EBITDA Related Terms


United Heat Transfer Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for United Heat Transfer'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.

United Heat Transfer Debt-to-EBITDA Chart

United Heat Transfer Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Debt-to-EBITDA
6.28 4.13 2.72 1.47

United Heat Transfer Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25
Debt-to-EBITDA Get a 7-Day Free Trial N/A N/A 0.00 1.76 2.65

NSE:UHTL vs GEV, ETN, PH: Debt-to-EBITDA Comparison

For the Specialty Industrial Machinery subindustry, United Heat Transfer'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.


United Heat Transfer Debt-to-EBITDA vs Industrial Products Industry

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

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


NSE:UHTL
16GF Score
United Heat Transfer Ltd NSE:UHTL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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United Heat Transfer Debt-to-EBITDA Calculation

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

United Heat Transfer's Debt-to-EBITDA for the fiscal year that ended in Mar. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(114.946 + 63.379) / 121.112
=1.47

United Heat Transfer's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(134.939 + 45.827) / 68.238
=2.65

* 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 (Sep. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.65 mean?
United Heat Transfer (NSE:UHTL) has a Debt-to-EBITDA of 2.65 as of Sep. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on United Heat Transfer. This is 23% below median its historical median of 3.43. Over the past decade, United Heat Transfer's Debt-to-EBITDA has ranged from 1.47 to 6.28. According to the industry distribution chart, United Heat Transfer ranks #1299 out of 2332 companies in the Industrial Products industry, placing it in the top 55.7%.
Is United Heat Transfer's Debt-to-EBITDA too high?
United Heat Transfer's current Debt-to-EBITDA of 2.65 is 23% below median its 10-year median of 3.43. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 6.28. The Industrial Products industry median Debt-to-EBITDA is 1.70. United Heat Transfer's value of 2.65 is 55.9% above this industry median. Based on the distribution chart, United Heat Transfer ranks #1299 out of 2332 companies in the Industrial Products industry, which is below the industry midpoint. Overall, United Heat Transfer has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does United Heat Transfer's Debt-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, United Heat Transfer ranks #1299 out of 2332 companies for Debt-to-EBITDA. This places United Heat Transfer in the lower half of its industry. The industry median Debt-to-EBITDA is 1.70. United Heat Transfer's value of 2.65 is 55.9% above this benchmark. Historically, United Heat Transfer's own Debt-to-EBITDA has ranged from 1.47 to 6.28 over the past decade. While the company's 10-year median is 3.43 vs. the industry median of 1.70, United Heat Transfer has consistently been above the industry average. 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 Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.70, based on 2,332 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. United Heat Transfer's current Debt-to-EBITDA of 2.65 is 55.9% above the industry median. 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 United Heat Transfer. For the Industrial Products industry, the median Debt-to-EBITDA is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Heat Transfer's current Debt-to-EBITDA is 2.65, which is 23% below median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Heat Transfer stock overvalued right now?
United Heat Transfer (NSE:UHTL) has a current Debt-to-EBITDA of 2.65. The current Debt-to-EBITDA is 2.65, which is 23% below median its 10-year median of 3.43 and 55.9% above the Industrial Products industry median of 1.70. United Heat Transfer's overall GF Score™ is 16/100 with 2 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 United Heat Transfer (NSE:UHTL), the current Debt-to-EBITDA is 2.65 as of Sep. 2025. 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.

United Heat Transfer Business Description

Address Plot No F-131, MIDC Area, Ambad, Nashik, MH, IND, 422010
United Heat Transfer Ltd is engaged in the manufacture of a range of shell and tube heat exchangers, air cooled heat exchangers, pressure vessels and process flow skids equipment's which are used as critical equipment's for petrol and diesel engines, railway engines, maritime engines, cruse and cargo ships, ferries, pleasure boats, marine diesels, mining trucks, megayachts, heavy engines, fishing boats, heavy trucks, freighters, trawlers, heavy haulages, power gen sets, super tankers, off highway engines etc.
16GF Score

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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹108.80
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