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Rajoo Engineers (BOM:522257) Debt-to-EBITDA : 0.05 (As of Mar. 2024)


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What is Rajoo Engineers Debt-to-EBITDA?

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

Rajoo Engineers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹13 Mil. Rajoo Engineers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4 Mil. Rajoo Engineers's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹367 Mil. Rajoo Engineers's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.05.

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 Rajoo Engineers's Debt-to-EBITDA or its related term are showing as below:

BOM:522257' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.43   Max: 1.23
Current: 0.06

During the past 13 years, the highest Debt-to-EBITDA Ratio of Rajoo Engineers was 1.23. The lowest was 0.01. And the median was 0.43.

BOM:522257's Debt-to-EBITDA is ranked better than
93.2% of 2295 companies
in the Industrial Products industry
Industry Median: 1.74 vs BOM:522257: 0.06

Rajoo Engineers Debt-to-EBITDA Historical Data

The historical data trend for Rajoo Engineers'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.

Rajoo Engineers Debt-to-EBITDA Chart

Rajoo Engineers 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 1.11 0.15 0.01 0.12 0.05

Rajoo Engineers 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 0.08 - 0.08 - 0.05

Competitive Comparison of Rajoo Engineers's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Rajoo Engineers'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.


Rajoo Engineers's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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



Rajoo Engineers Debt-to-EBITDA Calculation

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

Rajoo Engineers'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
=(13.106 + 3.576) / 306.178
=0.05

Rajoo Engineers'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
=(13.106 + 3.576) / 366.972
=0.05

* 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.


Rajoo Engineers  (BOM:522257) 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.


Rajoo Engineers Debt-to-EBITDA Related Terms

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


Rajoo Engineers (BOM:522257) Business Description

Traded in Other Exchanges
N/A
Address
Rajoo Avenue, Survey Number 210, Plot Number 1, Industrial Area, Veraval (Shapar), Rajkot, GJ, IND, 360 024
Rajoo Engineers Ltd manufactures and sells plastic processing machinery and post extrusion equipment. The company's products and solutions include Monolayer Blown Film Lines, Downward Extrusion Blown Film Lines, Multilayer Blown Film Lines, 5 Layer Polyolefin Dedicated, PS/PP/ABS Sheet Lines, PS/PE Foam Extrusion Lines, Thermoforming, PS Foam Vacuum Forming Machines, Twin Screw, Pipe Plant, Drip Irrigation Pipe Plant for Round, Flat Dripper, Lab Equipment and others. Company products apply to flexible packaging, agriculture, infrastructure, automobiles, food and beverages, pharmaceuticals, stationery, printing, etc. It serves the domestic and international markets and derives substantial revenue from the sale of services overseas.

Rajoo Engineers (BOM:522257) Headlines

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