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Reliance Power (BOM:532939) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Reliance Power Debt-to-EBITDA?

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

Reliance Power's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Reliance Power's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Reliance Power's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹-12,334 Mil. Reliance Power'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 Reliance Power's Debt-to-EBITDA or its related term are showing as below:

BOM:532939' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -85.2   Med: 7.3   Max: 30.61
Current: 11.89

During the past 13 years, the highest Debt-to-EBITDA Ratio of Reliance Power was 30.61. The lowest was -85.20. And the median was 7.30.

BOM:532939's Debt-to-EBITDA is ranked worse than
84.31% of 325 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.34 vs BOM:532939: 11.89

Reliance Power Debt-to-EBITDA Historical Data

The historical data trend for Reliance Power'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.

Reliance Power Debt-to-EBITDA Chart

Reliance Power 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 30.61 -85.20 6.38 8.16 6.98

Reliance Power 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 - 9.27 - 6.35 -

Competitive Comparison of Reliance Power's Debt-to-EBITDA

For the Utilities - Independent Power Producers subindustry, Reliance Power'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.


Reliance Power's Debt-to-EBITDA Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Reliance Power's Debt-to-EBITDA distribution charts can be found below:

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



Reliance Power Debt-to-EBITDA Calculation

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

Reliance Power'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
=(89956.7 + 122403.6) / 30415.5
=6.98

Reliance Power'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) / -12334.4
=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.


Reliance Power  (BOM:532939) 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.


Reliance Power Debt-to-EBITDA Related Terms

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


Reliance Power (BOM:532939) Business Description

Traded in Other Exchanges
Address
19, Walchand Hirachand Marg, Reliance Centre, Ground Floor, Ballard Estate, Mumbai, MH, IND, 400 001
Reliance Power Ltd is an electric utility that constructs, develops, and operates power generation projects. Generation of power is its lone operating segment and includes all of the firm's projects. Categorized as either operating, under construction, or under development, these projects generate electricity using thermal fuel sources or renewable resources. Sizable coal reserves in central India and Indonesia drive coal-based power projects. Renewable resource projects leverage solar, hydro, and wind power. Reliance derives its revenue from the sale of energy, but support service agreements contribute as well.

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