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Bikaji Foods International (BOM:543653) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Bikaji Foods International Debt-to-EBITDA?

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

Bikaji Foods International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Bikaji Foods International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Bikaji Foods International's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹3,231 Mil. Bikaji Foods International's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

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 Bikaji Foods International's Debt-to-EBITDA or its related term are showing as below:

BOM:543653' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.52   Med: 0.65   Max: 1.07
Current: 0.69

During the past 4 years, the highest Debt-to-EBITDA Ratio of Bikaji Foods International was 1.07. The lowest was 0.52. And the median was 0.65.

BOM:543653's Debt-to-EBITDA is ranked better than
73.6% of 1428 companies
in the Consumer Packaged Goods industry
Industry Median: 2.15 vs BOM:543653: 0.69

Bikaji Foods International Debt-to-EBITDA Historical Data

The historical data trend for Bikaji Foods International'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.

Bikaji Foods International Debt-to-EBITDA Chart

Bikaji Foods International Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
0.52 0.56 1.07 0.75

Bikaji Foods International Quarterly Data
Mar20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.75 - 0.56 -

Competitive Comparison of Bikaji Foods International's Debt-to-EBITDA

For the Packaged Foods subindustry, Bikaji Foods International'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.


Bikaji Foods International's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bikaji Foods International's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bikaji Foods International's Debt-to-EBITDA falls into.



Bikaji Foods International Debt-to-EBITDA Calculation

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

Bikaji Foods International'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
=(1038.276 + 656.864) / 2267.253
=0.75

Bikaji Foods International's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 3231.056
=0.00

* 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 (Dec. 2023) EBITDA data.


Bikaji Foods International  (BOM:543653) 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.


Bikaji Foods International Debt-to-EBITDA Related Terms

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


Bikaji Foods International (BOM:543653) Business Description

Traded in Other Exchanges
Address
Karni Extension, RIICO Industrial Area, Plot No. E-558-561, C -569-572, E - 573-577, F-585-592, Bikaner, RJ, IND, 334 004
Bikaji Foods International Ltd is a fast-moving consumer goods (FMCG) brand with an international footprint, selling Indian snacks and sweets. Its product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily includes gift packs (assortment), frozen food, mathri range and cookies. The company has exported its products to international countries, including countries in North America, Europe, Middle East, Africa, and Asia Pacific.

Bikaji Foods International (BOM:543653) Headlines

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