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Best Agrolife (BOM:539660) Debt-to-EBITDA : -2.41 (As of Mar. 2024)


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What is Best Agrolife Debt-to-EBITDA?

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

Best Agrolife's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹6,090 Mil. Best Agrolife's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹276 Mil. Best Agrolife's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹-2,645 Mil. Best Agrolife's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -2.41.

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 Best Agrolife's Debt-to-EBITDA or its related term are showing as below:

BOM:539660' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.2   Med: 1.88   Max: 56.94
Current: 2.78

During the past 10 years, the highest Debt-to-EBITDA Ratio of Best Agrolife was 56.94. The lowest was 0.20. And the median was 1.88.

BOM:539660's Debt-to-EBITDA is ranked worse than
57.54% of 179 companies
in the Agriculture industry
Industry Median: 2 vs BOM:539660: 2.78

Best Agrolife Debt-to-EBITDA Historical Data

The historical data trend for Best Agrolife'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.

Best Agrolife Debt-to-EBITDA Chart

Best Agrolife 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 1.96 0.58 1.64 1.80 2.78

Best Agrolife 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 18.18 - 1.05 - -2.41

Competitive Comparison of Best Agrolife's Debt-to-EBITDA

For the Agricultural Inputs subindustry, Best Agrolife'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.


Best Agrolife's Debt-to-EBITDA Distribution in the Agriculture Industry

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

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



Best Agrolife Debt-to-EBITDA Calculation

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

Best Agrolife'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
=(6089.56 + 276.4) / 2287.46
=2.78

Best Agrolife'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
=(6089.56 + 276.4) / -2645.24
=-2.41

* 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.


Best Agrolife  (BOM:539660) 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.


Best Agrolife Debt-to-EBITDA Related Terms

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


Best Agrolife (BOM:539660) Business Description

Traded in Other Exchanges
Address
B-4, Bhagwan Dass Nagar, East Punjabi Bagh, New Delhi, IND, 110026
Best Agrolife Ltd operates in the agrochemical industry. The company's operating segment is the Trading of Agro-based products. Its product range includes Insecticides, Herbicides, Fungicides, Plant growth regulators, and others. It sells the products in India.

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