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Navin Fluorine International (NSE:NAVINFLUOR) Debt-to-EBITDA : 2.79 (As of Mar. 2024)


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What is Navin Fluorine International Debt-to-EBITDA?

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

Navin Fluorine International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,283 Mil. Navin Fluorine International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹10,402 Mil. Navin Fluorine International's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹4,903 Mil. Navin Fluorine International's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.79.

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 Navin Fluorine International's Debt-to-EBITDA or its related term are showing as below:

NSE:NAVINFLUOR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02   Med: 0.2   Max: 3.57
Current: 3.57

During the past 13 years, the highest Debt-to-EBITDA Ratio of Navin Fluorine International was 3.57. The lowest was 0.02. And the median was 0.20.

NSE:NAVINFLUOR's Debt-to-EBITDA is ranked worse than
63.67% of 1214 companies
in the Chemicals industry
Industry Median: 2.31 vs NSE:NAVINFLUOR: 3.57

Navin Fluorine International Debt-to-EBITDA Historical Data

The historical data trend for Navin Fluorine International'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.

Navin Fluorine International Debt-to-EBITDA Chart

Navin Fluorine International Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.06 0.31 1.47 2.70

Navin Fluorine International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.05 2.59 - 2.79

Competitive Comparison of Navin Fluorine International's Debt-to-EBITDA

For the Chemicals subindustry, Navin Fluorine International'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.


Navin Fluorine International's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Navin Fluorine International's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Navin Fluorine International's Debt-to-EBITDA falls into.



Navin Fluorine International Debt-to-EBITDA Calculation

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

Navin Fluorine International'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
=(3283 + 10401.6) / 5062.6
=2.70

Navin Fluorine International'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
=(3283 + 10401.6) / 4902.8
=2.79

* 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 (Mar. 2024) EBITDA data.


Navin Fluorine International  (NSE:NAVINFLUOR) 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.


Navin Fluorine International Debt-to-EBITDA Related Terms

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


Navin Fluorine International (NSE:NAVINFLUOR) Business Description

Traded in Other Exchanges
Address
194, Sir Mathuradas Vasanji Road, Near Western Express Highway, Office No. 602, 6th Floor, Natraj by Rustomjee, Andheri (East), Mumbai, MH, IND, 400069
Navin Fluorine International Ltd is engaged in the chemicals business. Its business units include Refrigeration, Inorganic Fluorides, Specialty Fluorochemicals, and Contract Research and Manufacturing Services. The Company operates only in one Business Segment i.e. 'Chemical Business' which constitutes a single reporting segment. Geographically, the company generates a majority of its revenue from Outside India.

Navin Fluorine International (NSE:NAVINFLUOR) Headlines

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