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Narmada Agrobase (BOM:543643) Debt-to-EBITDA : 2.10 (As of Mar. 2024)


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What is Narmada Agrobase Debt-to-EBITDA?

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

Narmada Agrobase's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹95.9 Mil. Narmada Agrobase's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.9 Mil. Narmada Agrobase's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹46.1 Mil. Narmada Agrobase's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.10.

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 Narmada Agrobase's Debt-to-EBITDA or its related term are showing as below:

BOM:543643' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.45   Med: 4.86   Max: 7.94
Current: 3.74

During the past 12 years, the highest Debt-to-EBITDA Ratio of Narmada Agrobase was 7.94. The lowest was 3.45. And the median was 4.86.

BOM:543643's Debt-to-EBITDA is ranked worse than
69.27% of 179 companies
in the Agriculture industry
Industry Median: 2 vs BOM:543643: 3.74

Narmada Agrobase Debt-to-EBITDA Historical Data

The historical data trend for Narmada Agrobase'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.

Narmada Agrobase Debt-to-EBITDA Chart

Narmada Agrobase Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.45 3.85 4.85 4.87 3.74

Narmada Agrobase Quarterly Data
Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Mar19 Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only 5.40 - 4.85 - 2.10

Competitive Comparison of Narmada Agrobase's Debt-to-EBITDA

For the Agricultural Inputs subindustry, Narmada Agrobase'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.


Narmada Agrobase's Debt-to-EBITDA Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Narmada Agrobase's Debt-to-EBITDA distribution charts can be found below:

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



Narmada Agrobase Debt-to-EBITDA Calculation

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

Narmada Agrobase's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(95.895 + 0.891) / 25.891
=3.74

Narmada Agrobase's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(95.895 + 0.891) / 46.092
=2.10

* 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 (Mar. 2024) EBITDA data.


Narmada Agrobase  (BOM:543643) 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.


Narmada Agrobase Debt-to-EBITDA Related Terms

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


Narmada Agrobase (BOM:543643) Business Description

Traded in Other Exchanges
Address
401, Silicon Tower, Above Freezeland Restaurant, Law Garden, Navrangpura, Ahmedabad, GJ, IND, 390009
Narmada Agrobase Ltd is engaged in the manufacturing and processing of cotton seed meal cake, cattle feeds and soya bean meal. Its product portfolio includes Cattle Feeds; Cotton Seeds Meal Cake; Cotton Seed Meal Grinder; Delinted Cotton Seeds; Guar Meal; Cotton Linter; and Neem Cake Fertilizer. The company's only operating segment being the manufacturing of delinted cotton seeds.

Narmada Agrobase (BOM:543643) Headlines

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