IG Petrochemicals (BOM:500199) Debt-to-EBITDA

: 0.00 (As of Dec. 2023)

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

IG Petrochemicals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. IG Petrochemicals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. IG Petrochemicals's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹29 Mil. IG Petrochemicals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

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 IG Petrochemicals's Debt-to-EBITDA or its related term are showing as below:

BOM:500199' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.33 Med: 0.81 Max: 5.26
Current: 2.2

During the past 13 years, the highest Debt-to-EBITDA Ratio of IG Petrochemicals was 5.26. The lowest was 0.33. And the median was 0.81.

BOM:500199's Debt-to-EBITDA is ranked worse than
50.33% of 1222 companies
in the Chemicals industry
Industry Median: 2.18 vs BOM:500199: 2.20

IG Petrochemicals Debt-to-EBITDA Historical Data

The historical data trend for IG Petrochemicals'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.

IG Petrochemicals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

0.88

3.19

0.56

0.42

0.75

IG Petrochemicals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA																-	0.91	-	2.81	-

Competitive Comparison

For the Chemicals subindustry, IG Petrochemicals'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.

IG Petrochemicals Debt-to-EBITDA Distribution

For the Chemicals industry and Basic Materials sector, IG Petrochemicals's Debt-to-EBITDA distribution charts can be found below:

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

IG Petrochemicals Debt-to-EBITDA Calculation

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

IG Petrochemicals'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
	=	(806.639	+	1730.748)	/	3396.358
	=	0.75

IG Petrochemicals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	0)	/	28.992
	=	0.00

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 (Dec. 2023) EBITDA data.

IG Petrochemicals (BOM:500199) 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.

IG Petrochemicals Debt-to-EBITDA Related Terms

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

IG Petrochemicals (BOM:500199) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » IG Petrochemicals Ltd (BOM:500199) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

IGPL:India

Address

214, Nariman Point, Free Press Journal Marg, 401- 404, Raheja Centre, Mumbai, MH, IND, 400021

Website

https://www.igpetro.com

IG Petrochemicals Ltd is engaged in the manufacture and sale of organic chemicals. The company produces Phthalic Anhydride, Maleic Anhydride, and Benzoic Acid. Phthalic Anhydride is used for the manufacture of polyvinyl chloride products for manufacturing a range of consumer care, personal care, and home care products like shoes, pipes and hoses, boxes, containers, packaging films, medical and surgical equipment, and others. Geographically, the firm has a presence in both the Indian and international markets of which the Indian region accounts for the majority of revenue.

IG Petrochemicals (BOM:500199) Headlines

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