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Gleam Fabmat (BOM:542477) Debt-to-EBITDA : -41.42 (As of Sep. 2023)


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What is Gleam Fabmat Debt-to-EBITDA?

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

Gleam Fabmat's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹23.55 Mil. Gleam Fabmat's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹29.55 Mil. Gleam Fabmat's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹-1.28 Mil. Gleam Fabmat's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -41.42.

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 Gleam Fabmat's Debt-to-EBITDA or its related term are showing as below:

BOM:542477' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1207.12   Med: 13.42   Max: 576.73
Current: -53.15

During the past 5 years, the highest Debt-to-EBITDA Ratio of Gleam Fabmat was 576.73. The lowest was -1207.12. And the median was 13.42.

BOM:542477's Debt-to-EBITDA is not ranked
in the Metals & Mining industry.
Industry Median: 1.98 vs BOM:542477: -53.15

Gleam Fabmat Debt-to-EBITDA Historical Data

The historical data trend for Gleam Fabmat'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.

Gleam Fabmat Debt-to-EBITDA Chart

Gleam Fabmat Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
13.42 36.88 576.73 -1,207.12 -121.43

Gleam Fabmat Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 97.20 -83.72 -360.45 -72.93 -41.42

Competitive Comparison of Gleam Fabmat's Debt-to-EBITDA

For the Aluminum subindustry, Gleam Fabmat'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.


Gleam Fabmat's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Gleam Fabmat's Debt-to-EBITDA distribution charts can be found below:

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



Gleam Fabmat Debt-to-EBITDA Calculation

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

Gleam Fabmat'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
=(22.666 + 29.548) / -0.43
=-121.43

Gleam Fabmat's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(23.548 + 29.548) / -1.282
=-41.42

* 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 two times the quarterly (Sep. 2023) EBITDA data.


Gleam Fabmat  (BOM:542477) 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.


Gleam Fabmat Debt-to-EBITDA Related Terms

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


Gleam Fabmat (BOM:542477) Business Description

Traded in Other Exchanges
N/A
Address
Prahladnagar Trade Center Radio Mirchi Road, D-1209, Vejalpur, Ahmedabad, GJ, IND, 380051
Gleam Fabmat Ltd is engaged in two primary businesses Segment Trading in aluminum and allied metal products and Trading in textiles products Trading in aluminum and allied metal products have a major contribution towards total Revenue.

Gleam Fabmat (BOM:542477) Headlines

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