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Kirloskar Electric Co (BOM:533193) Debt-to-EBITDA : 2.39 (As of Mar. 2024)


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What is Kirloskar Electric Co Debt-to-EBITDA?

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

Kirloskar Electric Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,265 Mil. Kirloskar Electric Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Kirloskar Electric Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹529 Mil. Kirloskar Electric Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.39.

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 Kirloskar Electric Co's Debt-to-EBITDA or its related term are showing as below:

BOM:533193' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -15.47   Med: 2.15   Max: 146.16
Current: 2.83

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kirloskar Electric Co was 146.16. The lowest was -15.47. And the median was 2.15.

BOM:533193's Debt-to-EBITDA is ranked worse than
65.2% of 2290 companies
in the Industrial Products industry
Industry Median: 1.71 vs BOM:533193: 2.83

Kirloskar Electric Co Debt-to-EBITDA Historical Data

The historical data trend for Kirloskar Electric Co'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.

Kirloskar Electric Co Debt-to-EBITDA Chart

Kirloskar Electric Co 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 2.02 -15.47 1.40 2.28 2.83

Kirloskar Electric Co 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 1.86 - 2.36 - 2.39

Competitive Comparison of Kirloskar Electric Co's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Kirloskar Electric Co'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.


Kirloskar Electric Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kirloskar Electric Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kirloskar Electric Co's Debt-to-EBITDA falls into.



Kirloskar Electric Co Debt-to-EBITDA Calculation

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

Kirloskar Electric Co'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
=(1264.8 + 0) / 447.5
=2.83

Kirloskar Electric Co'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
=(1264.8 + 0) / 528.8
=2.39

* 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.


Kirloskar Electric Co  (BOM:533193) 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.


Kirloskar Electric Co Debt-to-EBITDA Related Terms

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


Kirloskar Electric Co (BOM:533193) Business Description

Traded in Other Exchanges
Address
No. 19, 2nd Main Road, Peenya 1st Stage, Phase-1, Peenya, Bangalore, KA, IND, 560058
Kirloskar Electric Co Ltd is an electrical engineering company. The company is engaged in the manufacture of electrical equipment like Motors, Alternators and generators, Switchgear, transformers, DG sets, and others in India and internationally. The company has different product groups like transformer and distribution groups, large machine groups, low voltage machine groups, and power generation groups. The company caters to economic sectors like power generation, transmission and distribution, transportation, renewable energy, and others. The operating segments are Power generation and distribution, Rotating machine group, and Others. The company generates maximum revenue from Power Generation and Distribution Group.

Kirloskar Electric Co (BOM:533193) Headlines

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