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PNB Gilts (BOM:532366) Debt-to-EBITDA : 12.15 (As of Mar. 2024)


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What is PNB Gilts Debt-to-EBITDA?

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

PNB Gilts's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. PNB Gilts's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹224,031 Mil. PNB Gilts's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹18,442 Mil. PNB Gilts's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 12.15.

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 PNB Gilts's Debt-to-EBITDA or its related term are showing as below:

BOM:532366' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 7.28   Med: 14.85   Max: 21.65
Current: 14.69

During the past 13 years, the highest Debt-to-EBITDA Ratio of PNB Gilts was 21.65. The lowest was 7.28. And the median was 14.85.

BOM:532366's Debt-to-EBITDA is ranked worse than
93.29% of 417 companies
in the Capital Markets industry
Industry Median: 1.38 vs BOM:532366: 14.69

PNB Gilts Debt-to-EBITDA Historical Data

The historical data trend for PNB Gilts'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.

PNB Gilts Debt-to-EBITDA Chart

PNB Gilts 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 15.79 9.76 20.14 21.65 14.69

PNB Gilts 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 16.10 - 19.77 - 12.15

Competitive Comparison of PNB Gilts's Debt-to-EBITDA

For the Capital Markets subindustry, PNB Gilts'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.


PNB Gilts's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PNB Gilts's Debt-to-EBITDA distribution charts can be found below:

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



PNB Gilts Debt-to-EBITDA Calculation

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

PNB Gilts'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
=(0 + 224030.871) / 15255.057
=14.69

PNB Gilts'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
=(0 + 224030.871) / 18441.832
=12.15

* 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.


PNB Gilts  (BOM:532366) 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.


PNB Gilts Debt-to-EBITDA Related Terms

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


PNB Gilts (BOM:532366) Business Description

Traded in Other Exchanges
Address
5, Sansad Marg, New Delhi, IND, 110001
PNB Gilts Ltd is engaged in the business of dealing with government securities. The company offers Treasury-Bills/Commercial paper/ Certificates of deposit, Corporate bonds, and debentures, Government securities, Derivatives, Fixed deposits, and Mutual funds. Its primary activities include supporting government borrowing programs through the underwriting of government securities issuances and trading in a gamut of fixed-income instruments, such as government securities, treasury bills, state development loans, corporate bonds, interest rate swaps, and various money market instruments, such as certificates of deposits and commercial papers. In addition, it offers Gilts accounts.

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