Jiwanram Sheoduttrai Industries (NSE:JIWANRAM) Debt-to-EBITDA : 6.63 (As of Mar. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Jiwanram Sheoduttrai Industries Debt-to-EBITDA?

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

Jiwanram Sheoduttrai Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹173.9 Mil. Jiwanram Sheoduttrai Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹352.2 Mil. Jiwanram Sheoduttrai Industries's annualized EBITDA for the quarter that ended in Mar. 2023 was ₹79.4 Mil. Jiwanram Sheoduttrai Industries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 6.63.

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 Jiwanram Sheoduttrai Industries's Debt-to-EBITDA or its related term are showing as below:

NSE:JIWANRAM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 6.63 Med: 12.28 Max: 20.67
Current: 6.63

During the past 3 years, the highest Debt-to-EBITDA Ratio of Jiwanram Sheoduttrai Industries was 20.67. The lowest was 6.63. And the median was 12.28.

NSE:JIWANRAM's Debt-to-EBITDA is ranked worse than
79.14% of 810 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.81 vs NSE:JIWANRAM: 6.63

Jiwanram Sheoduttrai Industries Debt-to-EBITDA Historical Data

The historical data trend for Jiwanram Sheoduttrai Industries'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.

Jiwanram Sheoduttrai Industries Debt-to-EBITDA Chart

Jiwanram Sheoduttrai Industries Annual Data

Trend

Mar21

Mar22

Mar23

Debt-to-EBITDA

20.67

12.28

6.63

Jiwanram Sheoduttrai Industries Semi-Annual Data
	Mar21	Mar22	Mar23
Debt-to-EBITDA	20.67	12.28	6.63

Competitive Comparison of Jiwanram Sheoduttrai Industries's Debt-to-EBITDA

For the Footwear & Accessories subindustry, Jiwanram Sheoduttrai Industries'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.

Jiwanram Sheoduttrai Industries's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jiwanram Sheoduttrai Industries's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Jiwanram Sheoduttrai Industries's Debt-to-EBITDA falls into.

Jiwanram Sheoduttrai Industries Debt-to-EBITDA Calculation

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

Jiwanram Sheoduttrai Industries'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
	=	(173.915	+	352.234)	/	79.418
	=	6.63

Jiwanram Sheoduttrai Industries's annualized Debt-to-EBITDA for the quarter 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
	=	(173.915	+	352.234)	/	79.418
	=	6.63

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 one times the quarterly (Mar. 2023) EBITDA data.

Jiwanram Sheoduttrai Industries (NSE:JIWANRAM) 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.

Jiwanram Sheoduttrai Industries Debt-to-EBITDA Related Terms

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

Jiwanram Sheoduttrai Industries (NSE:JIWANRAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Jiwanram Sheoduttrai Industries Ltd (NSE:JIWANRAM) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shilpangan, LB 1, Module 301 & 302, Phase -1, Sector III, Kolkata, WB, IND, 700098

Website

https://www.jiwanramgroup.com

Jiwanram Sheoduttrai Industries Ltd is engaged in the manufacturing and export of Industrial Safety Gloves and Garments which provides customized solutions in the field of Industrial Safety. Its Products are well-accepted for their quality which covers all its manufacturing range of Gloves, Industrial Garments and other protective PPEs and solution baskets for Industrial Safety. It is majorly engaged in the business of manufacturing and exporting for various brands.

Jiwanram Sheoduttrai Industries (NSE:JIWANRAM) Headlines

No Headlines