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Somi Conveyor Beltings (BOM:533001) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Somi Conveyor Beltings Debt-to-EBITDA?

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

Somi Conveyor Beltings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Somi Conveyor Beltings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Somi Conveyor Beltings's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹69 Mil. Somi Conveyor Beltings'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 Somi Conveyor Beltings's Debt-to-EBITDA or its related term are showing as below:

BOM:533001' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.26   Med: 2.72   Max: 4.26
Current: 1.78

During the past 13 years, the highest Debt-to-EBITDA Ratio of Somi Conveyor Beltings was 4.26. The lowest was 1.26. And the median was 2.72.

BOM:533001's Debt-to-EBITDA is ranked worse than
50.78% of 2296 companies
in the Industrial Products industry
Industry Median: 1.72 vs BOM:533001: 1.78

Somi Conveyor Beltings Debt-to-EBITDA Historical Data

The historical data trend for Somi Conveyor Beltings'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.

Somi Conveyor Beltings Debt-to-EBITDA Chart

Somi Conveyor Beltings 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 2.98 3.28 3.60 4.26 2.20

Somi Conveyor Beltings 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 - 1.38 - 1.59 -

Competitive Comparison of Somi Conveyor Beltings's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Somi Conveyor Beltings'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.


Somi Conveyor Beltings's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Somi Conveyor Beltings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Somi Conveyor Beltings's Debt-to-EBITDA falls into.



Somi Conveyor Beltings Debt-to-EBITDA Calculation

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

Somi Conveyor Beltings'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
=(142.672 + 33.36) / 80.009
=2.20

Somi Conveyor Beltings'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) / 69.368
=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.


Somi Conveyor Beltings  (BOM:533001) 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.


Somi Conveyor Beltings Debt-to-EBITDA Related Terms

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


Somi Conveyor Beltings (BOM:533001) Business Description

Traded in Other Exchanges
Address
New Power House Road, 4 F-15, Oliver House, Near Bank of India, Jodhpur, IND, 342003
Somi Conveyor Beltings Ltd is a company engaged in the manufacture and sale of industrial conveyor belts. It offers products for the cement, sponge iron, power, and mining sectors. The product line of the company provides general-purpose, heat-resistant, fire-resistant, and oil-resistant conveyor belts. It also offers special-purpose conveyor belts, such as bulletproof, chevron, rough top, pipe conveyor, and fusion belts, as well as rubber sheets and mattings, maintenance conveyor belts, and steel cord beltings. The company operates in one single segment which is Manufacturing conveyor belts and generates revenue from the same.

Somi Conveyor Beltings (BOM:533001) Headlines

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