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Advance Metering Technology (BOM:534612) Debt-to-EBITDA : -2.23 (As of Mar. 2024)


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What is Advance Metering Technology Debt-to-EBITDA?

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

Advance Metering Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹73.5 Mil. Advance Metering Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹54.4 Mil. Advance Metering Technology's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹-57.4 Mil. Advance Metering Technology's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -2.23.

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 Advance Metering Technology's Debt-to-EBITDA or its related term are showing as below:

BOM:534612' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -19.43   Med: 8.21   Max: 36.54
Current: 3.57

During the past 13 years, the highest Debt-to-EBITDA Ratio of Advance Metering Technology was 36.54. The lowest was -19.43. And the median was 8.21.

BOM:534612's Debt-to-EBITDA is ranked worse than
71.43% of 2279 companies
in the Industrial Products industry
Industry Median: 1.7 vs BOM:534612: 3.57

Advance Metering Technology Debt-to-EBITDA Historical Data

The historical data trend for Advance Metering Technology'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.

Advance Metering Technology Debt-to-EBITDA Chart

Advance Metering Technology 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 -19.43 17.04 4.70 0.90 3.57

Advance Metering Technology 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 -2.10 - 1.52 - -2.23

Competitive Comparison of Advance Metering Technology's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Advance Metering Technology'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.


Advance Metering Technology's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Advance Metering Technology's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Advance Metering Technology's Debt-to-EBITDA falls into.



Advance Metering Technology Debt-to-EBITDA Calculation

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

Advance Metering Technology'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
=(73.538 + 54.436) / 35.842
=3.57

Advance Metering Technology'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
=(73.538 + 54.436) / -57.404
=-2.23

* 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.


Advance Metering Technology  (BOM:534612) 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.


Advance Metering Technology Debt-to-EBITDA Related Terms

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


Advance Metering Technology (BOM:534612) Business Description

Traded in Other Exchanges
N/A
Address
C-4 to C-11, Hosiery Complex, Phase II Extension, Noida, UP, IND, 201305
Advance Metering Technology Ltd is engaged in manufacturing and selling energy meters, provides technical services relating to the energy sector, and in the business of wind power generation through windmills/ other renewable energy sources. The company is operating in two segments: Power Generation and Meters and others. The power Generation segment offers the sale of electricity generation through Wind. The meter and Others segment offers the Sale of energy meters and others, Rental Income, installation services, estate management services, and EPC work. The majority of its revenue is generated from the Meters and other segments.

Advance Metering Technology (BOM:534612) Headlines

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