Modi Naturals (BOM:519003) Debt-to-EBITDA : 6.56 (As of Mar. 2024)

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What is Modi Naturals Debt-to-EBITDA?

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

Modi Naturals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹838 Mil. Modi Naturals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹857 Mil. Modi Naturals's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹259 Mil. Modi Naturals's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 6.56.

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 Modi Naturals's Debt-to-EBITDA or its related term are showing as below:

BOM:519003' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.24 Med: 6.48 Max: 20.51
Current: 16.56

During the past 13 years, the highest Debt-to-EBITDA Ratio of Modi Naturals was 20.51. The lowest was 1.24. And the median was 6.48.

BOM:519003's Debt-to-EBITDA is ranked worse than
95.25% of 1431 companies
in the Consumer Packaged Goods industry
Industry Median: 2.16 vs BOM:519003: 16.56

Modi Naturals Debt-to-EBITDA Historical Data

The historical data trend for Modi Naturals'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.

Modi Naturals Debt-to-EBITDA Chart

Modi Naturals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

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4.33

1.24

3.15

20.51

16.59

Modi Naturals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial															-31.07	-	15.97	-	6.56

Competitive Comparison of Modi Naturals's Debt-to-EBITDA

For the Packaged Foods subindustry, Modi Naturals'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.

Modi Naturals's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Modi Naturals's Debt-to-EBITDA distribution charts can be found below:

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

Modi Naturals Debt-to-EBITDA Calculation

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

Modi Naturals's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(838.381	+	856.952)	/	102.22
	=	16.59

Modi Naturals's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(838.381	+	856.952)	/	258.544
	=	6.56

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 (Mar. 2024) EBITDA data.

Modi Naturals (BOM:519003) 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.

Modi Naturals Debt-to-EBITDA Related Terms

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

Modi Naturals (BOM:519003) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Modi Naturals Ltd (BOM:519003) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

D-185/1B and 1C, 2nd Floor, Okhla Industrial Area - Phase I, New Delhi, IND, 110020

Website

https://www.modinaturals.com

Modi Naturals Ltd manufactures and markets edible oil and de-oiled cakes in India. The company offers consumer products and business-to-business (B2B) products. The Oleev brand includes olive oils and healthy oils. Its Rizolo brand offers rice bran oil. Miller brand provides low-absorption technology canola oil, its Pipo brand offers ready-to-cook flavored popcorn, and the Olivana Wellness brand offers massage oils. Its B2B products consist of rice bran oil, sunflower oil, mustard oil, rice bran wax, distilled fatty acids, de-oiled rice bran, and de-oiled sunflower cake. The company generates revenue from the sale of products, sale of packing, and other materials.

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