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Jyoti Structures (BOM:513250) Debt-to-EBITDA : 35.27 (As of Sep. 2023)


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What is Jyoti Structures Debt-to-EBITDA?

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

Jyoti Structures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹662 Mil. Jyoti Structures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹17,932 Mil. Jyoti Structures's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹527 Mil. Jyoti Structures's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 35.27.

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 Jyoti Structures's Debt-to-EBITDA or its related term are showing as below:

BOM:513250' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -43.31   Med: -5.08   Max: 974.9
Current: 105.54

During the past 13 years, the highest Debt-to-EBITDA Ratio of Jyoti Structures was 974.90. The lowest was -43.31. And the median was -5.08.

BOM:513250's Debt-to-EBITDA is ranked worse than
99.78% of 2290 companies
in the Industrial Products industry
Industry Median: 1.72 vs BOM:513250: 105.54

Jyoti Structures Debt-to-EBITDA Historical Data

The historical data trend for Jyoti Structures'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.

Jyoti Structures Debt-to-EBITDA Chart

Jyoti Structures Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.61 -8.37 -29.24 -43.31 974.90

Jyoti Structures Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 - -160.38 N/A - 35.27

Competitive Comparison of Jyoti Structures's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Jyoti Structures'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.


Jyoti Structures's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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



Jyoti Structures Debt-to-EBITDA Calculation

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

Jyoti Structures'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
=(741.571 + 16019.857) / 17.193
=974.90

Jyoti Structures'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
=(662.125 + 17932.254) / 527.252
=35.27

* 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 (Sep. 2023) EBITDA data.


Jyoti Structures  (BOM:513250) 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.


Jyoti Structures Debt-to-EBITDA Related Terms

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


Jyoti Structures (BOM:513250) Business Description

Traded in Other Exchanges
Address
New Link Road, 6th Floor, Valecha Chambers, Oshiwara, Andheri (West), Mumbai, MH, IND, 400053
Jyoti Structures Ltd is an engineering, procurement and construction (EPC) contracting company. It is engaged in power transmission and distribution networks wherein it manufactures and deals in various components/equipment's and constructs infrastructure related to power transmission. The company offers solutions in the areas of Transmission Line, Substations Switchyards, Rural Electrification and Solar Power.

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