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Accel (BOM:517494) Debt-to-EBITDA : 4.06 (As of Mar. 2024)


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What is Accel Debt-to-EBITDA?

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

Accel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹202 Mil. Accel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹537 Mil. Accel's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹182 Mil. Accel's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 4.06.

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

BOM:517494' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.95   Med: 1.23   Max: 8.75
Current: 3.99

During the past 13 years, the highest Debt-to-EBITDA Ratio of Accel was 8.75. The lowest was -6.95. And the median was 1.23.

BOM:517494's Debt-to-EBITDA is ranked worse than
80.37% of 1610 companies
in the Software industry
Industry Median: 1.05 vs BOM:517494: 3.99

Accel Debt-to-EBITDA Historical Data

The historical data trend for Accel'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.

Accel Debt-to-EBITDA Chart

Accel 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 -6.55 8.75 4.35 3.16 3.99

Accel 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 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 2.40 - 4.47 - 4.06

Competitive Comparison of Accel's Debt-to-EBITDA

For the Information Technology Services subindustry, Accel'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.


Accel's Debt-to-EBITDA Distribution in the Software Industry

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

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



Accel Debt-to-EBITDA Calculation

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

Accel'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
=(201.948 + 536.832) / 185.23
=3.99

Accel'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
=(201.948 + 536.832) / 181.852
=4.06

* 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.


Accel  (BOM:517494) 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.


Accel Debt-to-EBITDA Related Terms

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


Accel (BOM:517494) Business Description

Traded in Other Exchanges
N/A
Address
No.178, Valluvarkottam High Road, SFI Complex, 3rd Floor, Nungambakkam, Chennai, TN, IND, 600034
Accel Ltd is an India-based company engaged in the business of providing post-sales support including warranty and post-warranty services to various brands in the IT, Mobility, and Medical products segments. The group's operating business segments include IT Services, Animation, Engineering, Real Estate, and Academic business. It generates maximum revenue from the Information Technology Services segment. The group's IT services include IT Infrastructure Management, Warranty fulfillment services, Managed Print Services, and Cyber security services. It generates its revenue from India.

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