GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Neelkanth Rock Minerals Ltd (BOM:531049) » Definitions » Debt-to-EBITDA

Neelkanth Rock Minerals (BOM:531049) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Neelkanth Rock Minerals Debt-to-EBITDA?

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

Neelkanth Rock Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Neelkanth Rock Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Neelkanth Rock Minerals's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹-1.01 Mil. Neelkanth Rock Minerals'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 Neelkanth Rock Minerals's Debt-to-EBITDA or its related term are showing as below:

BOM:531049' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.35   Med: 0.39   Max: 0.39
Current: 0.35

During the past 13 years, the highest Debt-to-EBITDA Ratio of Neelkanth Rock Minerals was 0.39. The lowest was 0.35. And the median was 0.39.

BOM:531049's Debt-to-EBITDA is ranked better than
85.9% of 312 companies
in the Building Materials industry
Industry Median: 2.165 vs BOM:531049: 0.35

Neelkanth Rock Minerals Debt-to-EBITDA Historical Data

The historical data trend for Neelkanth Rock Minerals'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.

Neelkanth Rock Minerals Debt-to-EBITDA Chart

Neelkanth Rock Minerals 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 - - - - 0.39

Neelkanth Rock Minerals Quarterly Data
Mar19 Jun19 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 - 0.07 - - -

Competitive Comparison of Neelkanth Rock Minerals's Debt-to-EBITDA

For the Building Materials subindustry, Neelkanth Rock Minerals'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.


Neelkanth Rock Minerals's Debt-to-EBITDA Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Neelkanth Rock Minerals's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Neelkanth Rock Minerals's Debt-to-EBITDA falls into.



Neelkanth Rock Minerals Debt-to-EBITDA Calculation

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

Neelkanth Rock Minerals'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
=(1.2 + 0) / 3.076
=0.39

Neelkanth Rock Minerals'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) / -1.008
=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.


Neelkanth Rock Minerals  (BOM:531049) 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.


Neelkanth Rock Minerals Debt-to-EBITDA Related Terms

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


Neelkanth Rock Minerals (BOM:531049) Business Description

Traded in Other Exchanges
N/A
Address
Scheme Chopasani Jagir, Khasra No 175/74, Plot No 15/16, Flat No. 606, Jodhpur, RJ, IND, 342001
Neelkanth Rock Minerals Ltd is a granite quarrying unit. The company is engaged in the manufacturing and selling of granite slabs, tiles, and mineral products. The company operates only in India.

Neelkanth Rock Minerals (BOM:531049) Headlines

No Headlines