Hindustan Petroleum (NSE:HINDPETRO) Debt-to-EBITDA : 4.34 (As of Mar. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Hindustan Petroleum Debt-to-EBITDA?

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

Hindustan Petroleum's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹250,956 Mil. Hindustan Petroleum's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹415,882 Mil. Hindustan Petroleum's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹153,756 Mil. Hindustan Petroleum's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 4.34.

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 Hindustan Petroleum's Debt-to-EBITDA or its related term are showing as below:

NSE:HINDPETRO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -21.75 Med: 2.26 Max: 8.4
Current: 2.37

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hindustan Petroleum was 8.40. The lowest was -21.75. And the median was 2.26.

NSE:HINDPETRO's Debt-to-EBITDA is ranked worse than
60.61% of 721 companies
in the Oil & Gas industry
Industry Median: 1.76 vs NSE:HINDPETRO: 2.37

Hindustan Petroleum Debt-to-EBITDA Historical Data

The historical data trend for Hindustan Petroleum'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.

Hindustan Petroleum Debt-to-EBITDA Chart

Hindustan Petroleum Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

Get a 7-Day Free Trial

7.98

2.33

3.43

-21.75

2.33

Hindustan Petroleum Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial															3.37	-	1.81	-	4.34

Competitive Comparison of Hindustan Petroleum's Debt-to-EBITDA

For the Oil & Gas Refining & Marketing subindustry, Hindustan Petroleum'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.

Hindustan Petroleum's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hindustan Petroleum's Debt-to-EBITDA distribution charts can be found below:

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

Hindustan Petroleum Debt-to-EBITDA Calculation

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

Hindustan Petroleum'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
	=	(250956.3	+	415881.9)	/	286527
	=	2.33

Hindustan Petroleum'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
	=	(250956.3	+	415881.9)	/	153756.4
	=	4.34

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.

Hindustan Petroleum (NSE:HINDPETRO) 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.

Hindustan Petroleum Debt-to-EBITDA Related Terms

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

Hindustan Petroleum (NSE:HINDPETRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hindustan Petroleum Corp Ltd (NSE:HINDPETRO) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

500104:India

Address

17, Jamshedji Tata Road, Post Box No. 11041, Petroleum House, Churchgate, Mumbai, MH, IND, 400 020

Website

https://www.hindustanpetroleum.com

Hindustan Petroleum Corp Ltd. (HPCL) is an Indian government enterprise that refines crude oil and manufactures petroleum-based products. The company operates a diverse group of refineries that process several grades of lubes, specialties, and greases along with a variety of petroleum products. HPCL also controls an extensive network of pipelines in India that transport a variety of hydrocarbon-based products. In tandem with its host of pipelines, marketing and distribution efforts are carried out through a group of terminals, service stations, bottling plants, marketing offices, and other facilities. Hindustan's products are primarily sold throughout India. The business is divided into downstream and other operations, with downstream activities generating the most revenue.

Hindustan Petroleum (NSE:HINDPETRO) Headlines

No Headlines