Ducol Organics And Colours (NSE:DUCOL) Debt-to-EBITDA : 2.00 (As of Sep. 2023)

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What is Ducol Organics And Colours Debt-to-EBITDA?

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

Ducol Organics And Colours's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹99.9 Mil. Ducol Organics And Colours's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹78.7 Mil. Ducol Organics And Colours's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹89.3 Mil. Ducol Organics And Colours's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 2.00.

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 Ducol Organics And Colours's Debt-to-EBITDA or its related term are showing as below:

NSE:DUCOL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.01 Med: 2.26 Max: 5.07
Current: 1.65

During the past 4 years, the highest Debt-to-EBITDA Ratio of Ducol Organics And Colours was 5.07. The lowest was 1.01. And the median was 2.26.

NSE:DUCOL's Debt-to-EBITDA is ranked better than
60.07% of 1217 companies
in the Chemicals industry
Industry Median: 2.32 vs NSE:DUCOL: 1.65

Ducol Organics And Colours Debt-to-EBITDA Historical Data

The historical data trend for Ducol Organics And Colours'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.

Ducol Organics And Colours Debt-to-EBITDA Chart

Ducol Organics And Colours Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

5.07

2.22

2.30

1.01

Ducol Organics And Colours Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	N/A	1.06	1.01	2.00

Competitive Comparison of Ducol Organics And Colours's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Ducol Organics And Colours'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.

Ducol Organics And Colours's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ducol Organics And Colours's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ducol Organics And Colours's Debt-to-EBITDA falls into.

Ducol Organics And Colours Debt-to-EBITDA Calculation

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

Ducol Organics And Colours'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
	=	(31.407	+	96.58)	/	127.136
	=	1.01

Ducol Organics And Colours's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(99.898	+	78.658)	/	89.254
	=	2.00

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 two times the quarterly (Sep. 2023) EBITDA data.

Ducol Organics And Colours (NSE:DUCOL) 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.

Ducol Organics And Colours Debt-to-EBITDA Related Terms

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

Ducol Organics And Colours (NSE:DUCOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ducol Organics And Colours Ltd (NSE:DUCOL) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 22/2, Taloja, Taluka Panvel, Raigad, MH, IND

Website

https://www.ducol.com

Ducol Organics And Colours Ltd is engaged in the business of manufacturing and selling pigment dispersions, preparations, concentrates, paste colorants, and masterbatches. The company offers a range of pigment dispersions for various industries like Paints, Inks, Textiles, Detergent, Paper, Rubber, and Plastics. color solutions for various industries like paints, ink, textiles, rubber, plastic, leather, paper, soaps, detergents, and FMCG.

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