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POWERGRID Infrastructure Investment Trust (BOM:543290) Debt-to-EBITDA : 1.57 (As of Mar. 2023)


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What is POWERGRID Infrastructure Investment Trust Debt-to-EBITDA?

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

POWERGRID Infrastructure Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹29 Mil. POWERGRID Infrastructure Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹5,692 Mil. POWERGRID Infrastructure Investment Trust's annualized EBITDA for the quarter that ended in Mar. 2023 was ₹3,653 Mil. POWERGRID Infrastructure Investment Trust's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 1.57.

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 POWERGRID Infrastructure Investment Trust's Debt-to-EBITDA or its related term are showing as below:

BOM:543290's Debt-to-EBITDA is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 4.415
* Ranked among companies with meaningful Debt-to-EBITDA only.

POWERGRID Infrastructure Investment Trust Debt-to-EBITDA Historical Data

The historical data trend for POWERGRID Infrastructure Investment Trust'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.

POWERGRID Infrastructure Investment Trust Debt-to-EBITDA Chart

POWERGRID Infrastructure Investment Trust Annual Data
Trend Mar18 Mar19 Mar20 Mar22 Mar23
Debt-to-EBITDA
16.18 5.90 4.01 0.72 -2.02

POWERGRID Infrastructure Investment Trust Quarterly Data
Mar18 Mar19 Mar20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 - - - 1.57

Competitive Comparison of POWERGRID Infrastructure Investment Trust's Debt-to-EBITDA

For the Utilities - Independent Power Producers subindustry, POWERGRID Infrastructure Investment Trust'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.


POWERGRID Infrastructure Investment Trust's Debt-to-EBITDA Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, POWERGRID Infrastructure Investment Trust's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where POWERGRID Infrastructure Investment Trust's Debt-to-EBITDA falls into.



POWERGRID Infrastructure Investment Trust Debt-to-EBITDA Calculation

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

POWERGRID Infrastructure Investment Trust'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
=(28.78 + 5692) / -2834.92
=-2.02

POWERGRID Infrastructure Investment Trust's annualized Debt-to-EBITDA for the quarter 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
=(28.78 + 5692) / 3653.16
=1.57

* 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. 2023) EBITDA data.


POWERGRID Infrastructure Investment Trust  (BOM:543290) 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.


POWERGRID Infrastructure Investment Trust Debt-to-EBITDA Related Terms

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


POWERGRID Infrastructure Investment Trust (BOM:543290) Business Description

Traded in Other Exchanges
Address
Plot No. 2, Sector 29, Gurgaon, HR, IND, 122 001
POWERGRID Infrastructure Investment Trust own, construct, operate, maintain and invest as an infrastructure investment trust as permissible in terms of the InvIT Regulations, including in power transmission assets in India. Its primary business segment is namely power transmission network for the transmission system.

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