Arvind and Co Shipping Agencies (NSE:ACSAL) Debt-to-EBITDA : 2.83 (As of Mar. 2023)

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What is Arvind and Co Shipping Agencies Debt-to-EBITDA?

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

Arvind and Co Shipping Agencies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹117.91 Mil. Arvind and Co Shipping Agencies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹105.31 Mil. Arvind and Co Shipping Agencies's annualized EBITDA for the quarter that ended in Mar. 2023 was ₹78.91 Mil. Arvind and Co Shipping Agencies's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 2.83.

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 Arvind and Co Shipping Agencies's Debt-to-EBITDA or its related term are showing as below:

NSE:ACSAL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.67 Med: 2.83 Max: 5.11
Current: 2.83

During the past 3 years, the highest Debt-to-EBITDA Ratio of Arvind and Co Shipping Agencies was 5.11. The lowest was 2.67. And the median was 2.83.

NSE:ACSAL's Debt-to-EBITDA is ranked better than
50.06% of 839 companies
in the Transportation industry
Industry Median: 2.83 vs NSE:ACSAL: 2.83

Arvind and Co Shipping Agencies Debt-to-EBITDA Historical Data

The historical data trend for Arvind and Co Shipping Agencies'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.

Arvind and Co Shipping Agencies Debt-to-EBITDA Chart

Arvind and Co Shipping Agencies Annual Data

Trend

Mar21

Mar22

Mar23

Debt-to-EBITDA

2.67

5.11

2.83

Arvind and Co Shipping Agencies Semi-Annual Data
	Mar21	Mar22	Mar23
Debt-to-EBITDA	2.67	5.11	2.83

Competitive Comparison of Arvind and Co Shipping Agencies's Debt-to-EBITDA

For the Marine Shipping subindustry, Arvind and Co Shipping Agencies'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.

Arvind and Co Shipping Agencies's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Arvind and Co Shipping Agencies's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Arvind and Co Shipping Agencies's Debt-to-EBITDA falls into.

Arvind and Co Shipping Agencies Debt-to-EBITDA Calculation

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

Arvind and Co Shipping Agencies'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
	=	(117.914	+	105.308)	/	78.908
	=	2.83

Arvind and Co Shipping Agencies's annualized Debt-to-EBITDA for the quarter 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
	=	(117.914	+	105.308)	/	78.908
	=	2.83

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 one times the quarterly (Mar. 2023) EBITDA data.

Arvind and Co Shipping Agencies (NSE:ACSAL) 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.

Arvind and Co Shipping Agencies Debt-to-EBITDA Related Terms

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

Arvind and Co Shipping Agencies (NSE:ACSAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Arvind and Co Shipping Agencies Ltd (NSE:ACSAL) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

City point 701 to 702, Fifth Floor, Near Town Hall, Jamnagar, GJ, IND, 361001

Website

https://www.arvindshipping.com

Arvind and Co Shipping Agencies Ltd is mainly engaged in the hiring of ships, barges, launches, Boats, docks, propelled vehicles, water- vessels and transport machines & providing hotel services & services of renting immovable properties. The company operates in two segments Chartering of Barges and Hotel and Hospitality. The majority of revenue is derived from the chartering of barges segment.

Arvind and Co Shipping Agencies (NSE:ACSAL) Headlines

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