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Alpex Solar (NSE:ALPEXSOLAR) Debt-to-EBITDA : N/A (As of Sep. 2023)


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What is Alpex Solar Debt-to-EBITDA?

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

Alpex Solar's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹393 Mil. Alpex Solar's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹25 Mil. Alpex Solar's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹0 Mil.

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 Alpex Solar's Debt-to-EBITDA or its related term are showing as below:

During the past 3 years, the highest Debt-to-EBITDA Ratio of Alpex Solar was 4.34. The lowest was 3.35. And the median was 4.31.

NSE:ALPEXSOLAR's Debt-to-EBITDA is not ranked *
in the Semiconductors industry.
Industry Median: 1.6
* Ranked among companies with meaningful Debt-to-EBITDA only.

Alpex Solar Debt-to-EBITDA Historical Data

The historical data trend for Alpex Solar'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.

Alpex Solar Debt-to-EBITDA Chart

Alpex Solar Annual Data
Trend Mar21 Mar22 Mar23
Debt-to-EBITDA
3.35 4.34 4.31

Alpex Solar Quarterly Data
Mar21 Mar22 Mar23 Sep23
Debt-to-EBITDA N/A N/A N/A N/A

Competitive Comparison of Alpex Solar's Debt-to-EBITDA

For the Solar subindustry, Alpex Solar'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.


Alpex Solar's Debt-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Alpex Solar's Debt-to-EBITDA distribution charts can be found below:

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



Alpex Solar Debt-to-EBITDA Calculation

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

Alpex Solar'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
=(389.064 + 84.509) / 109.944
=4.31

Alpex Solar'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
=(392.584 + 24.93) / 0
=N/A

* 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 (Sep. 2023) EBITDA data.


Alpex Solar  (NSE:ALPEXSOLAR) 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.


Alpex Solar Debt-to-EBITDA Related Terms

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


Alpex Solar (NSE:ALPEXSOLAR) Business Description

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Address
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Alpex Solar Ltd is a solar photovoltaic (PV) module manufacturer in India. Its PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. Company portfolio of solar energy products consists of bifacial, mono perc, Halfcut solar PV modules and also provide integrated solar energy solutions, including engineering, procurement, construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories.

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