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Winsol Engineers (NSE:WINSOL) Debt-to-EBITDA : 0.59 (As of Sep. 2024)


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What is Winsol Engineers Debt-to-EBITDA?

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

Winsol Engineers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹88.4 Mil. Winsol Engineers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹12.8 Mil. Winsol Engineers's annualized EBITDA for the quarter that ended in Sep. 2024 was ₹172.8 Mil. Winsol Engineers's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.59.

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

NSE:WINSOL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.17   Med: 4.01   Max: 5.14
Current: 1.17

During the past 3 years, the highest Debt-to-EBITDA Ratio of Winsol Engineers was 5.14. The lowest was 1.17. And the median was 4.01.

NSE:WINSOL's Debt-to-EBITDA is ranked better than
69.63% of 1363 companies
in the Construction industry
Industry Median: 2.33 vs NSE:WINSOL: 1.17

Winsol Engineers Debt-to-EBITDA Historical Data

The historical data trend for Winsol Engineers'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.

Winsol Engineers Debt-to-EBITDA Chart

Winsol Engineers Annual Data
Trend Mar21 Mar22 Mar23
Debt-to-EBITDA
5.14 4.01 1.35

Winsol Engineers Semi-Annual Data
Mar21 Mar22 Mar23 Sep24
Debt-to-EBITDA N/A N/A N/A 0.59

Competitive Comparison of Winsol Engineers's Debt-to-EBITDA

For the Engineering & Construction subindustry, Winsol Engineers'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.


Winsol Engineers's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Winsol Engineers's Debt-to-EBITDA distribution charts can be found below:

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


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Winsol Engineers Debt-to-EBITDA Calculation

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

Winsol Engineers'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
=(77.828 + 28.054) / 78.459
=1.35

Winsol Engineers's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(88.408 + 12.825) / 172.804
=0.59

* 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. 2024) EBITDA data.


Winsol Engineers  (NSE:WINSOL) 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.


Winsol Engineers Debt-to-EBITDA Related Terms

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


Winsol Engineers Business Description

Traded in Other Exchanges
N/A
Address
Shop No. 301, Madhav Commercial Complex, Near Crystal Mall, Khodiyar Colony, Jamnagar, GJ, IND, 361006
Winsol Engineers Ltd is an integrated engineering, procurement, construction and commissioning company providing Balance of Plant (BoP) Solutions for both Wind and Solar power generation companies. Its services for BoP Solutions includes Foundation work, Substation Civil and Electrical work, Right of Way services, Cabling to substation and Grid, and Miscellaneous work.

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