Baheti Recycling Industries (NSE:BAHETI) Debt-to-EBITDA : 5.42 (As of Mar. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Baheti Recycling Industries Debt-to-EBITDA?

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

Baheti Recycling Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹600 Mil. Baheti Recycling Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹111 Mil. Baheti Recycling Industries's annualized EBITDA for the quarter that ended in Mar. 2023 was ₹131 Mil. Baheti Recycling Industries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 5.42.

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 Baheti Recycling Industries's Debt-to-EBITDA or its related term are showing as below:

NSE:BAHETI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.42 Med: 7.43 Max: 8.66
Current: 5.42

During the past 4 years, the highest Debt-to-EBITDA Ratio of Baheti Recycling Industries was 8.66. The lowest was 5.42. And the median was 7.43.

NSE:BAHETI's Debt-to-EBITDA is ranked worse than
75.24% of 529 companies
in the Metals & Mining industry
Industry Median: 1.98 vs NSE:BAHETI: 5.42

Baheti Recycling Industries Debt-to-EBITDA Historical Data

The historical data trend for Baheti Recycling Industries'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.

Baheti Recycling Industries Debt-to-EBITDA Chart

Baheti Recycling Industries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

8.65

8.66

6.20

5.42

Baheti Recycling Industries Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Debt-to-EBITDA	8.65	8.66	6.20	5.42

Competitive Comparison of Baheti Recycling Industries's Debt-to-EBITDA

For the Aluminum subindustry, Baheti Recycling Industries'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.

Baheti Recycling Industries's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Baheti Recycling Industries's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Baheti Recycling Industries's Debt-to-EBITDA falls into.

Baheti Recycling Industries Debt-to-EBITDA Calculation

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

Baheti Recycling Industries'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
	=	(600.104	+	110.727)	/	131.061
	=	5.42

Baheti Recycling Industries'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
	=	(600.104	+	110.727)	/	131.061
	=	5.42

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 one times the quarterly (Mar. 2023) EBITDA data.

Baheti Recycling Industries (NSE:BAHETI) 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.

Baheti Recycling Industries Debt-to-EBITDA Related Terms

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

Baheti Recycling Industries (NSE:BAHETI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Baheti Recycling Industries Ltd (NSE:BAHETI) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

A-2/3, L.R. Apartments, Opposite Police Commissioner Office, Shahibaug, Ahmedabad, GJ, IND, 380 004

Website

https://www.bahetiindustries.com

Baheti Recycling Industries Ltd is an aluminium recycling company, primarily engaged in processing aluminium based metal scrap to manufacture aluminium alloys in the form of ingots and aluminium de-ox alloys in the form of cubes, ingots, shots and notch bar. The company is also engaged in trading of scrap materials such as aluminium scrap, brass scrap, copper scrap, zinc scrap etc. Its products are being used in various industries, which include automobiles, construction, electrical transmission application, food packaging etc.

Baheti Recycling Industries (NSE:BAHETI) Headlines

No Headlines