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Chennai Petroleum (BOM:500110) Debt-to-EBITDA : 0.77 (As of Mar. 2024)


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What is Chennai Petroleum Debt-to-EBITDA?

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

Chennai Petroleum's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹14,344 Mil. Chennai Petroleum's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹13,515 Mil. Chennai Petroleum's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹36,398 Mil. Chennai Petroleum's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.77.

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 Chennai Petroleum's Debt-to-EBITDA or its related term are showing as below:

BOM:500110' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -28.93   Med: 2.49   Max: 11.68
Current: 0.71

During the past 13 years, the highest Debt-to-EBITDA Ratio of Chennai Petroleum was 11.68. The lowest was -28.93. And the median was 2.49.

BOM:500110's Debt-to-EBITDA is ranked better than
76.5% of 719 companies
in the Oil & Gas industry
Industry Median: 1.76 vs BOM:500110: 0.71

Chennai Petroleum Debt-to-EBITDA Historical Data

The historical data trend for Chennai Petroleum'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.

Chennai Petroleum Debt-to-EBITDA Chart

Chennai Petroleum 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 -4.06 4.30 3.36 0.75 0.62

Chennai Petroleum 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 0.72 - 0.52 - 0.77

Competitive Comparison of Chennai Petroleum's Debt-to-EBITDA

For the Oil & Gas Refining & Marketing subindustry, Chennai Petroleum'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.


Chennai Petroleum's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Chennai Petroleum's Debt-to-EBITDA distribution charts can be found below:

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



Chennai Petroleum Debt-to-EBITDA Calculation

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

Chennai Petroleum'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
=(14343.9 + 13515.1) / 45226
=0.62

Chennai Petroleum'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
=(14343.9 + 13515.1) / 36398.4
=0.77

* 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.


Chennai Petroleum  (BOM:500110) 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.


Chennai Petroleum Debt-to-EBITDA Related Terms

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


Chennai Petroleum (BOM:500110) Business Description

Traded in Other Exchanges
Address
New No. 536, Anna Salai, Teynampet, Chennai, TN, IND, 600 018
Chennai Petroleum Corp Ltd manufactures and supplies petrol products in India. The company has refineries in the following locations: Manali, Chennai and Panangudi Village, Nagapattinam District, Tamilnadu. The Manali refinery in India produces fuel, wax, lube, and petrochemical feedstock. The company also has a wax plant that produces paraffin wax for the manufacturing of candle wax, waterproof formulations, and match wax. Additionally, the company has a propylene plant which supplies petrochemical feedstock to neighbouring downstream industries. The company's main products include liquefied petroleum gas, motor spirit, superior kerosene oil, high-speed diesel, fuel oil, hexane, and petrochemical feedstocks. A large majority of sales are derived from petroleum products.

Chennai Petroleum (BOM:500110) Headlines

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