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Dynamic Cables (BOM:540795) Debt-to-EBITDA : 1.13 (As of Mar. 2024)


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What is Dynamic Cables Debt-to-EBITDA?

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

Dynamic Cables's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,136 Mil. Dynamic Cables's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹57 Mil. Dynamic Cables's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹1,057 Mil. Dynamic Cables's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.13.

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 Dynamic Cables's Debt-to-EBITDA or its related term are showing as below:

BOM:540795' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.25   Med: 3.23   Max: 6.09
Current: 2.01

During the past 12 years, the highest Debt-to-EBITDA Ratio of Dynamic Cables was 6.09. The lowest was 1.25. And the median was 3.23.

BOM:540795's Debt-to-EBITDA is ranked worse than
54.54% of 2279 companies
in the Industrial Products industry
Industry Median: 1.7 vs BOM:540795: 2.01

Dynamic Cables Debt-to-EBITDA Historical Data

The historical data trend for Dynamic Cables'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.

Dynamic Cables Debt-to-EBITDA Chart

Dynamic Cables Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 3.78 1.28 1.25 1.48

Dynamic Cables Quarterly Data
Sep18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 - 1.02 2.00 - 1.13

Competitive Comparison of Dynamic Cables's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Dynamic Cables'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.


Dynamic Cables's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dynamic Cables's Debt-to-EBITDA distribution charts can be found below:

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



Dynamic Cables Debt-to-EBITDA Calculation

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

Dynamic Cables'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
=(1135.961 + 56.644) / 807.686
=1.48

Dynamic Cables'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
=(1135.961 + 56.644) / 1057.184
=1.13

* 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 (Mar. 2024) EBITDA data.


Dynamic Cables  (BOM:540795) 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.


Dynamic Cables Debt-to-EBITDA Related Terms

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


Dynamic Cables (BOM:540795) Business Description

Traded in Other Exchanges
Address
Road Number 13, Unit - 1, F-260, V.K.I Area, Jaipur, RJ, IND, 302013
Dynamic Cables Ltd is engaged in manufacturing of Cables and Conductors which include manufacturing of Low Voltage and High Voltage Power Cables, Aerial Bunched Cables, All Aluminium Conductor All Aluminium Alloy Conductor, Aluminium conductor steel reinforced, Conductors and Service Drop Cables used for transmission and distribution of Electricity. It generates its revenue from manufacturing and sale of cables and conductors.

Dynamic Cables (BOM:540795) Headlines

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