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Sharda Cropchem (BOM:538666) Debt-to-EBITDA : 0.02 (As of Mar. 2024)


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What is Sharda Cropchem Debt-to-EBITDA?

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

Sharda Cropchem's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹105 Mil. Sharda Cropchem's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹78 Mil. Sharda Cropchem's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹9,978 Mil. Sharda Cropchem's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.02.

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 Sharda Cropchem's Debt-to-EBITDA or its related term are showing as below:

BOM:538666' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.05   Max: 0.47
Current: 0.05

During the past 11 years, the highest Debt-to-EBITDA Ratio of Sharda Cropchem was 0.47. The lowest was 0.00. And the median was 0.05.

BOM:538666's Debt-to-EBITDA is ranked better than
94.48% of 181 companies
in the Agriculture industry
Industry Median: 2 vs BOM:538666: 0.05

Sharda Cropchem Debt-to-EBITDA Historical Data

The historical data trend for Sharda Cropchem'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.

Sharda Cropchem Debt-to-EBITDA Chart

Sharda Cropchem 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 0.05 0.17 0.07 - 0.05

Sharda Cropchem 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 - - 0.11 - 0.02

Competitive Comparison of Sharda Cropchem's Debt-to-EBITDA

For the Agricultural Inputs subindustry, Sharda Cropchem'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.


Sharda Cropchem's Debt-to-EBITDA Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sharda Cropchem's Debt-to-EBITDA distribution charts can be found below:

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



Sharda Cropchem Debt-to-EBITDA Calculation

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

Sharda Cropchem'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
=(105.401 + 77.597) / 3426.223
=0.05

Sharda Cropchem'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
=(105.401 + 77.597) / 9977.832
=0.02

* 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.


Sharda Cropchem  (BOM:538666) 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.


Sharda Cropchem Debt-to-EBITDA Related Terms

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


Sharda Cropchem (BOM:538666) Business Description

Traded in Other Exchanges
Address
Dashrathlal Joshi Road, 2nd Floor, Prime Business Park, Vile Parle (West), Mumbai, MH, IND, 400 056
Sharda Cropchem Ltd is an agrochemical company based in India. It markets and sells formulations and active ingredients for agricultural purposes world wide through its subsidiaries. its business is obtained from the European continent. Its customers are also spread across North America, Latin America, and the Rest of the world. The company functions through two segments, which are Agrochemicals, and Non Agrochemicals. The company earns its income through the development and sale of agrochemicals such as insecticides, herbicides, fungicides, and biocides. The company also sells conveyor belts and V-belts under the belts segment.

Sharda Cropchem (BOM:538666) Headlines

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