Debt to EBITDA ratio Analysis of Highway Holdings Limited - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointDebt to EBITDA of HIHO
Mar-230.917Excellent Debt to EBITDA | Mar-220.565Excellent Debt to EBITDA | Growth62.33% |
Debt to EBITDA Analysis of Highway Holdings Limited
| Debt to EBITDA Ratio 0.917 of Highway Holdings Limited shows that the company is financially strong and has enough profit to pay off its debt. |
| Debt to EBITDA Ratio of HIHO rose handsomely by 62.33 % this year. |
| Debt to EBITDA Ratio with value of 2.01 was highest in Year Mar-21 in last Five Years. |
| Debt to EBITDA Ratio with value of -1.66 was lowest in Year Mar-19 in last Five Years. |
| Latest Debt to EBITDA Ratio with value of 0.917 is Greater than Average Debt to EBITDA of 0.437 in last five years. |
Other Debt to EBITDA Related Info of HIHO that may interest you.
Highway Holdings Limited Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| HIHO | 2.12 | 2.15 | 1.40 % | Metal Fabrication |
Defination of Debt to EBITDA
The Debt to EBITDA Ratio is a solvency metric that measures the company's ability to meet its debt obligations by earnings before covering its interest, taxes, depreciation, and amortization. more ..
Debt to EBITDA Related Ratios
| CashFlowFromOperationToDebt | DebtToCapital | EVToEBITDA |
Tsr Stability Index
| Good Stability | |
FY - Historical Debt to EBITDA of Highway Holdings Limited
| Period | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|
| Debt to EBITDA | 0.917 | 0.565 | 2.01 | 0.359 | -1.66 | 2.04 | 3.16 |
| Change | 62.33 % | -71.86 % | 459.33 % | 121.58 % | -181.67 % | -35.56 % | 68.56 % |
FY Chart of Debt to EBITDA of Highway Holdings Limited
Note : All Data Generated at the End of Trading Hours (EOD Data)