Indian Oil (NSE:IOC) Debt-to-EBITDA : 0.00 (As of Dec. 2023)

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What is Indian Oil Debt-to-EBITDA?

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

Indian Oil's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Indian Oil's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Indian Oil's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹552,212 Mil. Indian Oil'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 Indian Oil's Debt-to-EBITDA or its related term are showing as below:

NSE:IOC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.44 Med: 2.56 Max: 15.99
Current: 2.35

During the past 13 years, the highest Debt-to-EBITDA Ratio of Indian Oil was 15.99. The lowest was 1.44. And the median was 2.56.

NSE:IOC's Debt-to-EBITDA is ranked worse than
60.28% of 720 companies
in the Oil & Gas industry
Industry Median: 1.735 vs NSE:IOC: 2.35

Indian Oil Debt-to-EBITDA Historical Data

The historical data trend for Indian Oil'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.

Indian Oil Debt-to-EBITDA Chart

Indian Oil Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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2.52

15.99

2.53

2.59

4.27

Indian Oil Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															38.85	-	2.51	1.40	-

Competitive Comparison of Indian Oil's Debt-to-EBITDA

For the Oil & Gas Refining & Marketing subindustry, Indian Oil'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.

Indian Oil's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Indian Oil's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Indian Oil's Debt-to-EBITDA falls into.

Indian Oil Debt-to-EBITDA Calculation

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

Indian Oil'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
	=	(791872.3	+	697898.5)	/	348659.4
	=	4.27

Indian Oil'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)	/	552212.4
	=	0.00

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 four times the quarterly (Dec. 2023) EBITDA data.

Indian Oil (NSE:IOC) 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.

Indian Oil Debt-to-EBITDA Related Terms

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

Indian Oil (NSE:IOC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Indian Oil Corp Ltd (NSE:IOC) » Definitions » Debt-to-EBITDA

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Traded in Other Exchanges

530965:India

Address

J.B. Tito Marg, 3079/3, Sadiq Nagar, New Delhi, IND, 110 049

Website

https://www.iocl.com

Indian Oil Corp Ltd conducts business across the energy value chain as India's national oil company. The Petroleum Products business generates the majority of the group's revenue. Indian Oil pursues exploration and production opportunities both domestically and internationally. Sale of Petrochemicals , Other operating segment of the Corporation comprises; Gas, Oil & Gas Exploration Activities, Explosives & Cryogenic Business and Wind Mill & Solar Power Generation. A network of pipelines in India not only transport oil from company fields but also to and from its refineries. The pipeline network spans across India and can move various petroleum products. The firm's refinery operations include a host of technologies for processing oil and gas to meet the needs of a diverse client base.