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Krishna Defence & Allied Industries (NSE:KRISHNADEF) Debt-to-EBITDA : 1.41 (As of Sep. 2023)


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What is Krishna Defence & Allied Industries Debt-to-EBITDA?

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

Krishna Defence & Allied Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹110.8 Mil. Krishna Defence & Allied Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹32.7 Mil. Krishna Defence & Allied Industries's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹101.9 Mil. Krishna Defence & Allied Industries's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 1.41.

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 Krishna Defence & Allied Industries's Debt-to-EBITDA or its related term are showing as below:

NSE:KRISHNADEF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.3   Med: 4.56   Max: 6.43
Current: 1.3

During the past 5 years, the highest Debt-to-EBITDA Ratio of Krishna Defence & Allied Industries was 6.43. The lowest was 1.30. And the median was 4.56.

NSE:KRISHNADEF's Debt-to-EBITDA is ranked better than
57.64% of 2290 companies
in the Industrial Products industry
Industry Median: 1.71 vs NSE:KRISHNADEF: 1.30

Krishna Defence & Allied Industries Debt-to-EBITDA Historical Data

The historical data trend for Krishna Defence & Allied Industries'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.

Krishna Defence & Allied Industries Debt-to-EBITDA Chart

Krishna Defence & Allied Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
4.70 6.43 4.56 3.48 1.91

Krishna Defence & Allied Industries Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Debt-to-EBITDA Get a 7-Day Free Trial 3.63 3.41 2.41 1.55 1.41

Competitive Comparison of Krishna Defence & Allied Industries's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Krishna Defence & Allied Industries'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.


Krishna Defence & Allied Industries's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Krishna Defence & Allied Industries's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Krishna Defence & Allied Industries's Debt-to-EBITDA falls into.



Krishna Defence & Allied Industries Debt-to-EBITDA Calculation

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

Krishna Defence & Allied Industries'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
=(121.437 + 63.76) / 97.203
=1.91

Krishna Defence & Allied Industries's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(110.772 + 32.719) / 101.908
=1.41

* 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 two times the quarterly (Sep. 2023) EBITDA data.


Krishna Defence & Allied Industries  (NSE:KRISHNADEF) 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.


Krishna Defence & Allied Industries Debt-to-EBITDA Related Terms

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Krishna Defence & Allied Industries (NSE:KRISHNADEF) Business Description

Traded in Other Exchanges
N/A
Address
Vadivadi Road, 2nd Floor Office no.207, 208, Atlantis Heritage, Sarabhai campus, Vadodara, GJ, IND, 390023
Krishna Defence & Allied Industries Ltd develops, manufactures, and designs defence application products and kitchen and dairy equipment products. It manufactures and offers a wide range of products including Ballast Bricks, Improvised Explosive Device Containment Vessels, Automatic Tyre Killer, Crowd Control Barriers, Bulk milk cooler with thermal storage system, Cow Grooming Brush, Daal Cooker, Rice Storage Chute, Stainless Steel Milk Cans, Heat Recovery Unit, Bulk Cooking Equipment like Rice Cauldron, Ship Building Steel section and others. The company generates maximum revenue from the Defence Products segment.

Krishna Defence & Allied Industries (NSE:KRISHNADEF) Headlines

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