Nirman Agri Genetics (NSE:NIRMAN) Debt-to-EBITDA : 0.09 (As of Sep. 2023)

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What is Nirman Agri Genetics Debt-to-EBITDA?

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

Nirman Agri Genetics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹3.4 Mil. Nirman Agri Genetics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹5.3 Mil. Nirman Agri Genetics's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹95.2 Mil. Nirman Agri Genetics's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.09.

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 Nirman Agri Genetics's Debt-to-EBITDA or its related term are showing as below:

NSE:NIRMAN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.2 Med: 0.91 Max: 4.2
Current: 0.2

During the past 4 years, the highest Debt-to-EBITDA Ratio of Nirman Agri Genetics was 4.20. The lowest was 0.20. And the median was 0.91.

NSE:NIRMAN's Debt-to-EBITDA is ranked better than
87.22% of 180 companies
in the Agriculture industry
Industry Median: 2 vs NSE:NIRMAN: 0.20

Nirman Agri Genetics Debt-to-EBITDA Historical Data

The historical data trend for Nirman Agri Genetics'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.

Nirman Agri Genetics Debt-to-EBITDA Chart

Nirman Agri Genetics Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

1.41

4.20

0.42

0.25

Nirman Agri Genetics Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	N/A	N/A	-	0.09

Competitive Comparison of Nirman Agri Genetics's Debt-to-EBITDA

For the Agricultural Inputs subindustry, Nirman Agri Genetics'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.

Nirman Agri Genetics's Debt-to-EBITDA Distribution in the Agriculture Industry

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

* The bar in red indicates where Nirman Agri Genetics's Debt-to-EBITDA falls into.

Nirman Agri Genetics Debt-to-EBITDA Calculation

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

Nirman Agri Genetics'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
	=	(3.42	+	7.5)	/	43.617
	=	0.25

Nirman Agri Genetics'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
	=	(3.42	+	5.265)	/	95.216
	=	0.09

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 (Sep. 2023) EBITDA data.

Nirman Agri Genetics (NSE:NIRMAN) 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.

Nirman Agri Genetics Debt-to-EBITDA Related Terms

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

Nirman Agri Genetics (NSE:NIRMAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Nirman Agri Genetics Ltd (NSE:NIRMAN) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dindori Road, Vedant Apartment, Near Reliance Shopee, Panchavati, Nashik, MH, IND, 422 003

Website

https://www.nirmanagrigen.com

Nirman Agri Genetics Ltd is an organized Agri-Input company in India. It is in the business of production, processing, and marketing of high-quality hybrid seeds, pesticides, and bio-organic. These processes are used for different crops like corn, sunflower, cotton, paddy, grain sorghum, and others.

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