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Balkrishna Industries (NSE:BALKRISIND) Debt-to-Revenue : 0.29 (As of Mar. 2024)


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What is Balkrishna Industries Debt-to-Revenue?

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

Balkrishna Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹24,040 Mil. Balkrishna Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹6,955 Mil. Balkrishna Industries's annualized Revenue for the quarter that ended in Mar. 2024 was ₹107,277 Mil. Balkrishna Industries's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.29.


Balkrishna Industries Debt-to-Revenue Historical Data

The historical data trend for Balkrishna Industries's Debt-to-Revenue 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.

Balkrishna Industries Debt-to-Revenue Chart

Balkrishna Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.18 0.31 0.34 0.33

Balkrishna Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 Premium Member Only 0.36 - 0.32 - 0.29

Competitive Comparison of Balkrishna Industries's Debt-to-Revenue

For the Auto Parts subindustry, Balkrishna Industries's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Balkrishna Industries's Debt-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Balkrishna Industries's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Balkrishna Industries's Debt-to-Revenue falls into.



Balkrishna Industries Debt-to-Revenue Calculation

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

Balkrishna Industries's Debt-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(24039.9 + 6954.5) / 93688.7
=0.33

Balkrishna Industries's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(24039.9 + 6954.5) / 107276.8
=0.29

* 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-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Balkrishna Industries Debt-to-Revenue Related Terms

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Balkrishna Industries (NSE:BALKRISIND) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, BKT House, C/15, Trade World, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400 013
Balkrishna Industries Ltd is a manufacturer of Off-Highway tires. The company serves original equipment manufacturers and customers in the replacement market. Tire products are utilized in agricultural and forestry, industrial markets, earthmoving, construction, port, mining, ATV, and gardening applications. Based out of India, the majority of Balkrishna's revenue is derived from international markets. Marketing and sales of tire products are conducted through wholly owned subsidiaries located in both Europe and North America.

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