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AIA Engineering (AIA Engineering) Debt-to-EBITDA : 0.31 (As of Mar. 2024)


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What is AIA Engineering Debt-to-EBITDA?

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

AIA Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $55.13 Mil. AIA Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.41 Mil. AIA Engineering's annualized EBITDA for the quarter that ended in Mar. 2024 was $180.50 Mil. AIA Engineering's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.31.

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 AIA Engineering's Debt-to-EBITDA or its related term are showing as below:

AAGGY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.19   Max: 0.34
Current: 0.29

During the past 13 years, the highest Debt-to-EBITDA Ratio of AIA Engineering was 0.34. The lowest was 0.01. And the median was 0.19.

AAGGY's Debt-to-EBITDA is ranked better than
81.31% of 2290 companies
in the Industrial Products industry
Industry Median: 1.72 vs AAGGY: 0.29

AIA Engineering Debt-to-EBITDA Historical Data

The historical data trend for AIA Engineering'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.

AIA Engineering Debt-to-EBITDA Chart

AIA Engineering 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 0.15 0.23 0.01 0.34 0.29

AIA Engineering Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 Premium Member Only Premium Member Only 0.33 - 0.27 - 0.31

Competitive Comparison of AIA Engineering's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, AIA Engineering'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.


AIA Engineering's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AIA Engineering's Debt-to-EBITDA distribution charts can be found below:

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



AIA Engineering Debt-to-EBITDA Calculation

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

AIA Engineering'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
=(55.125 + 0.41) / 194.729
=0.29

AIA Engineering'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
=(55.125 + 0.41) / 180.496
=0.31

* 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.


AIA Engineering  (GREY:AAGGY) 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.


AIA Engineering Debt-to-EBITDA Related Terms

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


AIA Engineering (AIA Engineering) Business Description

Traded in Other Exchanges
Address
Off. S. G. Highway, Sindhu Bhavan Road, 11-12, Sigma Corporates, Behind HOF Showroom, Bodakdev, Ahmedabad, GJ, IND, 380054
AIA Engineering Ltd is an India-based company that develops, manufactures, and distributes chromium consumable wear parts, including grinding media, shell liners, diaphragms, grinding tables, heat-resistant castings, cone crushers, and others. The company's products are applied in the crushing/grinding processes in the cement, mining, thermal power, and other sectors. AIA Engineering Ltd generates the majority of its sales from markets outside of India. Vega Industries, a wholly-owned subsidiary of this company, is responsible for distributing the company's products outside India.

AIA Engineering (AIA Engineering) Headlines

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