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Hatsun Agro Product (BOM:531531) Debt-to-EBITDA : 2.91 (As of Mar. 2024)


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What is Hatsun Agro Product Debt-to-EBITDA?

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

Hatsun Agro Product's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹14,155 Mil. Hatsun Agro Product's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹12,828 Mil. Hatsun Agro Product's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹9,271 Mil. Hatsun Agro Product's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.91.

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 Hatsun Agro Product's Debt-to-EBITDA or its related term are showing as below:

BOM:531531' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.01   Med: 2.55   Max: 3.45
Current: 2.93

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hatsun Agro Product was 3.45. The lowest was 2.01. And the median was 2.55.

BOM:531531's Debt-to-EBITDA is ranked worse than
58.92% of 1429 companies
in the Consumer Packaged Goods industry
Industry Median: 2.13 vs BOM:531531: 2.93

Hatsun Agro Product Debt-to-EBITDA Historical Data

The historical data trend for Hatsun Agro Product'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.

Hatsun Agro Product Debt-to-EBITDA Chart

Hatsun Agro Product 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 2.57 2.01 2.62 2.52 2.93

Hatsun Agro Product 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 2.84 - 2.12 - 2.91

Competitive Comparison of Hatsun Agro Product's Debt-to-EBITDA

For the Packaged Foods subindustry, Hatsun Agro Product'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.


Hatsun Agro Product's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hatsun Agro Product's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hatsun Agro Product's Debt-to-EBITDA falls into.



Hatsun Agro Product Debt-to-EBITDA Calculation

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

Hatsun Agro Product'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
=(14155.014 + 12827.971) / 9215.583
=2.93

Hatsun Agro Product'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
=(14155.014 + 12827.971) / 9270.636
=2.91

* 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.


Hatsun Agro Product  (BOM:531531) 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.


Hatsun Agro Product Debt-to-EBITDA Related Terms

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


Hatsun Agro Product (BOM:531531) Business Description

Traded in Other Exchanges
Address
Plot No. 14, TNHB, Tamil Nadu Housing Board 'A' Road, Sholinganallur, Chennai, TN, IND, 600 119
Hatsun Agro Product Ltd provides a range of dairy products for the areas of cooking and consumption. Its products include milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee, paneer, cattle feed, and others. The firm markets its products under Arokya, Hatsun, Arun, and Ibaco brand names. The company operates in single-segment Milk and Milk products. The company derives the majority of its revenue from the Milk and Milk products segment. Geographically, it generates maximum revenue from India.

Hatsun Agro Product (BOM:531531) Headlines

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