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Goyal Aluminiums (BOM:541152) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Goyal Aluminiums Debt-to-EBITDA?

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

Goyal Aluminiums's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Goyal Aluminiums's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Goyal Aluminiums's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹40.0 Mil. Goyal Aluminiums'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 Goyal Aluminiums's Debt-to-EBITDA or its related term are showing as below:

BOM:541152' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.4   Med: 0.98   Max: 1.28
Current: 0.58

During the past 7 years, the highest Debt-to-EBITDA Ratio of Goyal Aluminiums was 1.28. The lowest was 0.40. And the median was 0.98.

BOM:541152's Debt-to-EBITDA is ranked better than
75.23% of 541 companies
in the Metals & Mining industry
Industry Median: 1.98 vs BOM:541152: 0.58

Goyal Aluminiums Debt-to-EBITDA Historical Data

The historical data trend for Goyal Aluminiums'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.

Goyal Aluminiums Debt-to-EBITDA Chart

Goyal Aluminiums Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial - 0.57 1.28 1.15 0.40

Goyal Aluminiums Quarterly Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Dec22 Mar23 Jun23 Dec23
Debt-to-EBITDA 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 0.88 - 0.65 - -

Competitive Comparison of Goyal Aluminiums's Debt-to-EBITDA

For the Aluminum subindustry, Goyal Aluminiums'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.


Goyal Aluminiums's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Goyal Aluminiums's Debt-to-EBITDA distribution charts can be found below:

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



Goyal Aluminiums Debt-to-EBITDA Calculation

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

Goyal Aluminiums'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
=(7.057 + 7.066) / 35.203
=0.40

Goyal Aluminiums'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) / 39.992
=0.00

* 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 (Dec. 2023) EBITDA data.


Goyal Aluminiums  (BOM:541152) 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.


Goyal Aluminiums Debt-to-EBITDA Related Terms

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


Goyal Aluminiums (BOM:541152) Business Description

Traded in Other Exchanges
Address
Chuna Mandi, 2814/6 Ground Floor, Paharganj, New Delhi, IND, 110055
Goyal Aluminiums Ltd is engaged in trading Aluminium Sheets, Aluminium Coils, Aluminium Sections, Glass, Fabric, and Printing Machines.

Goyal Aluminiums (BOM:541152) Headlines

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