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Hariyana Ship Breakers (BOM:526931) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Hariyana Ship Breakers Debt-to-EBITDA?

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

Hariyana Ship Breakers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Hariyana Ship Breakers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Hariyana Ship Breakers's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹96 Mil. Hariyana Ship Breakers's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

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 Hariyana Ship Breakers's Debt-to-EBITDA or its related term are showing as below:

BOM:526931' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.23   Med: 0.73   Max: 6.96
Current: 1.08

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hariyana Ship Breakers was 6.96. The lowest was -1.23. And the median was 0.73.

BOM:526931's Debt-to-EBITDA is ranked better than
82.51% of 183 companies
in the Waste Management industry
Industry Median: 3.5 vs BOM:526931: 1.08

Hariyana Ship Breakers Debt-to-EBITDA Historical Data

The historical data trend for Hariyana Ship Breakers'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.

Hariyana Ship Breakers Debt-to-EBITDA Chart

Hariyana Ship Breakers 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 1.13 -1.23 0.04 0.66 3.01

Hariyana Ship Breakers Quarterly Data
Mar18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 1.21 - 0.47 -

Competitive Comparison of Hariyana Ship Breakers's Debt-to-EBITDA

For the Waste Management subindustry, Hariyana Ship Breakers'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.


Hariyana Ship Breakers's Debt-to-EBITDA Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Hariyana Ship Breakers's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hariyana Ship Breakers's Debt-to-EBITDA falls into.



Hariyana Ship Breakers Debt-to-EBITDA Calculation

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

Hariyana Ship Breakers'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
=(228.522 + 2.492) / 76.787
=3.01

Hariyana Ship Breakers's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 95.708
=0.00

* 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 (Dec. 2023) EBITDA data.


Hariyana Ship Breakers  (BOM:526931) 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.


Hariyana Ship Breakers Debt-to-EBITDA Related Terms

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


Hariyana Ship Breakers (BOM:526931) Business Description

Traded in Other Exchanges
N/A
Address
220, Jamnalal Bajaj Marg, 156, Maker Chamber VI, Nariman Point, Mumbai, MH, IND, 400 021
Hariyana Ship Breakers Ltd is an Indian company engaged in the business of ship breaking, trading, and investment activities. The company's segments include Mumbai; Bhavnagar and Industrial Oxygen and Trading.

Hariyana Ship Breakers (BOM:526931) Headlines

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