Bhatia Colour Chem (BOM:543497) Debt-to-EBITDA : 1.89 (As of Sep. 2023)

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What is Bhatia Colour Chem Debt-to-EBITDA?

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

Bhatia Colour Chem's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹5 Mil. Bhatia Colour Chem's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹113 Mil. Bhatia Colour Chem's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹62 Mil. Bhatia Colour Chem's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 1.89.

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 Bhatia Colour Chem's Debt-to-EBITDA or its related term are showing as below:

BOM:543497' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.8 Med: 37.34 Max: 71.87
Current: 1.8

During the past 2 years, the highest Debt-to-EBITDA Ratio of Bhatia Colour Chem was 71.87. The lowest was 1.80. And the median was 37.34.

BOM:543497's Debt-to-EBITDA is ranked better than
57.58% of 1214 companies
in the Chemicals industry
Industry Median: 2.32 vs BOM:543497: 1.80

Bhatia Colour Chem Debt-to-EBITDA Historical Data

The historical data trend for Bhatia Colour Chem'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.

Bhatia Colour Chem Debt-to-EBITDA Chart

Bhatia Colour Chem Annual Data

Trend

Mar22

Mar23

Debt-to-EBITDA

71.87

2.81

Bhatia Colour Chem Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	N/A	35.94	4.24	2.85	1.89

Competitive Comparison of Bhatia Colour Chem's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Bhatia Colour Chem'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.

Bhatia Colour Chem's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Bhatia Colour Chem's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bhatia Colour Chem's Debt-to-EBITDA falls into.

Bhatia Colour Chem Debt-to-EBITDA Calculation

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

Bhatia Colour Chem'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
	=	(4.583	+	193.065)	/	70.386
	=	2.81

Bhatia Colour Chem'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
	=	(4.887	+	113.331)	/	62.436
	=	1.89

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.

Bhatia Colour Chem (BOM:543497) 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.

Bhatia Colour Chem Debt-to-EBITDA Related Terms

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

Bhatia Colour Chem (BOM:543497) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Bhatia Colour Chem Ltd (BOM:543497) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road No. 1 Udhna Udhyog, Plot No. Plot No. A/2/12, Sangh, Udhna, Surat, GJ, IND, 394210

Website

https://www.bccl.info

Bhatia Colour Chem Ltd Ltd specializes in the trading and manufacturing of chemicals, dyes, and auxiliary products. The company produces Value Added Printing Products, Textile Auxiliaries and Chemicals, Foil Binders, Glitter Powder, Printing Inks, and Zari Binders with a variety of ranges and specialization as per the demand of the client. The products are mainly useful for the printing on Textile materials like Polyester and Cotton which includes, ambos on T-shirts, Zari Prints, and shading.

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