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Power Grid Of India (BOM:532898) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Power Grid Of India Debt-to-EBITDA?

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

Power Grid Of India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Power Grid Of India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Power Grid Of India's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹417,796 Mil. Power Grid Of India'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 Power Grid Of India's Debt-to-EBITDA or its related term are showing as below:

BOM:532898' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.96   Med: 4.53   Max: 5.46
Current: 2.96

During the past 13 years, the highest Debt-to-EBITDA Ratio of Power Grid Of India was 5.46. The lowest was 2.96. And the median was 4.53.

BOM:532898's Debt-to-EBITDA is ranked better than
55.72% of 463 companies
in the Utilities - Regulated industry
Industry Median: 3.63 vs BOM:532898: 2.96

Power Grid Of India Debt-to-EBITDA Historical Data

The historical data trend for Power Grid Of India'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.

Power Grid Of India Debt-to-EBITDA Chart

Power Grid Of India 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 4.56 4.31 3.99 3.29 3.23

Power Grid Of India 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 - 3.17 - 2.96 -

Competitive Comparison of Power Grid Of India's Debt-to-EBITDA

For the Utilities - Regulated Electric subindustry, Power Grid Of India'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.


Power Grid Of India's Debt-to-EBITDA Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Power Grid Of India's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Power Grid Of India's Debt-to-EBITDA falls into.



Power Grid Of India Debt-to-EBITDA Calculation

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

Power Grid Of India'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
=(127077.4 + 1139534.6) / 392501
=3.23

Power Grid Of India'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) / 417795.6
=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.


Power Grid Of India  (BOM:532898) 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.


Power Grid Of India Debt-to-EBITDA Related Terms

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


Power Grid Of India (BOM:532898) Business Description

Traded in Other Exchanges
Address
Saudamini, Plot No. 2, Sector 29, Gurgaon, HR, IND, 122 001
Power Grid Corp Of India Ltd is a state-owned electric utility company in India. The activities of the firm are operated through Transmission, Telecom, and Consultancy segments. Under the Transmission division, the company's principal business is the transmission of bulk power across different states of India. Whereas the Telecom division leverages firm's nationwide transmission infrastructure and operates as a neutral carrier in the point to point Bandwidth Leasing Business. The company is also involved in Consultancy business in which it provides in-house expertise in the Transmission, Distribution and Telecom sectors, including planning design, engineering, load dispatch, procurement management, financing, and other. Geographically all the activities are carried out in India.

Power Grid Of India (BOM:532898) Headlines

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