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Lotus Eye Hospital & Institute (BOM:532998) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Lotus Eye Hospital & Institute Debt-to-EBITDA?

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

Lotus Eye Hospital & Institute's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Lotus Eye Hospital & Institute's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Lotus Eye Hospital & Institute's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹76.6 Mil. Lotus Eye Hospital & Institute's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

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 Lotus Eye Hospital & Institute's Debt-to-EBITDA or its related term are showing as below:

BOM:532998' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.11   Max: 0.32
Current: 0.05

During the past 13 years, the highest Debt-to-EBITDA Ratio of Lotus Eye Hospital & Institute was 0.32. The lowest was 0.01. And the median was 0.11.

BOM:532998's Debt-to-EBITDA is ranked better than
96.73% of 428 companies
in the Healthcare Providers & Services industry
Industry Median: 2.565 vs BOM:532998: 0.05

Lotus Eye Hospital & Institute Debt-to-EBITDA Historical Data

The historical data trend for Lotus Eye Hospital & Institute'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.

Lotus Eye Hospital & Institute Debt-to-EBITDA Chart

Lotus Eye Hospital & Institute Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.18 0.09 0.18 0.08

Lotus Eye Hospital & Institute Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.10 - 0.05 -

Competitive Comparison of Lotus Eye Hospital & Institute's Debt-to-EBITDA

For the Medical Care Facilities subindustry, Lotus Eye Hospital & Institute'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.


Lotus Eye Hospital & Institute's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Lotus Eye Hospital & Institute's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Lotus Eye Hospital & Institute's Debt-to-EBITDA falls into.



Lotus Eye Hospital & Institute Debt-to-EBITDA Calculation

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

Lotus Eye Hospital & Institute'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
=(4.783 + 1.921) / 87.302
=0.08

Lotus Eye Hospital & Institute's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 76.624
=0.00

* 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 (Dec. 2023) EBITDA data.


Lotus Eye Hospital & Institute  (BOM:532998) 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.


Lotus Eye Hospital & Institute Debt-to-EBITDA Related Terms

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


Lotus Eye Hospital & Institute (BOM:532998) Business Description

Traded in Other Exchanges
Address
SF No. 770/12, Avinashi Road, Civil Aerodrome Post, Coimbatore, TN, IND, 641 014
Lotus Eye Hospital & Institute Ltd is an India-based eye care hospital. It is engaged in providing treatment and care for eye diseases and disorders. It offers treatment services for eye conditions like refractive error, retina and uvea, cornea, glaucoma, pediatric, orbit and oculoplasty, neuro-ophthalmology, and binocular vision. In addition, the company also operates an eye bank for functioning eye donation activities. The company mainly operates in India and generates revenue by providing medical services, pharmacy sales, and contact lens, and optical, of which the majority of the revenue is derived from providing segmmedical services.

Lotus Eye Hospital & Institute (BOM:532998) Headlines

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