GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Modern Insulators Ltd (BOM:515008) » Definitions » Debt-to-EBITDA

Modern Insulators (BOM:515008) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is Modern Insulators Debt-to-EBITDA?

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

Modern Insulators's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Modern Insulators's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Modern Insulators's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹526 Mil. Modern Insulators'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 Modern Insulators's Debt-to-EBITDA or its related term are showing as below:

BOM:515008' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.09   Med: 1.56   Max: 2.5
Current: 0.09

During the past 12 years, the highest Debt-to-EBITDA Ratio of Modern Insulators was 2.50. The lowest was 0.09. And the median was 1.56.

BOM:515008's Debt-to-EBITDA is ranked better than
91.71% of 1738 companies
in the Hardware industry
Industry Median: 1.795 vs BOM:515008: 0.09

Modern Insulators Debt-to-EBITDA Historical Data

The historical data trend for Modern Insulators'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.

Modern Insulators Debt-to-EBITDA Chart

Modern Insulators Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.18 2.50 0.45 0.78 0.21

Modern Insulators Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.15 - 0.11 -

Competitive Comparison of Modern Insulators's Debt-to-EBITDA

For the Electronic Components subindustry, Modern Insulators'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.


Modern Insulators's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Modern Insulators's Debt-to-EBITDA distribution charts can be found below:

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



Modern Insulators Debt-to-EBITDA Calculation

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

Modern Insulators'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
=(77.736 + 2.469) / 375.919
=0.21

Modern Insulators'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) / 526.104
=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.


Modern Insulators  (BOM:515008) 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.


Modern Insulators Debt-to-EBITDA Related Terms

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


Modern Insulators (BOM:515008) Business Description

Traded in Other Exchanges
N/A
Address
Pochkhanwala Road, 68/69, Godavari, Worli, Mumbai, MH, IND, 400030
Modern Insulators Ltd manufactures high-voltage alumina porcelain insulators in India. Hollow porcelain insulators, solid core post insulators, long rod insulators, and railway insulators are among the company's products. The company's operating segment includes Insulators and Terry Towels. It generates maximum revenue from Insulators segment. Geographically, it derives a majority of its revenue from India.

Modern Insulators (BOM:515008) Headlines

No Headlines