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Roadzen (Roadzen) Debt-to-EBITDA : -0.16 (As of Dec. 2023)


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What is Roadzen Debt-to-EBITDA?

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

Roadzen's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $17.98 Mil. Roadzen's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.86 Mil. Roadzen's annualized EBITDA for the quarter that ended in Dec. 2023 was $-118.25 Mil. Roadzen's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.16.

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

RDZN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.84   Med: -1.36   Max: -0.3
Current: -0.3

During the past 3 years, the highest Debt-to-EBITDA Ratio of Roadzen was -0.30. The lowest was -2.84. And the median was -1.36.

RDZN's Debt-to-EBITDA is ranked worse than
100% of 1611 companies
in the Software industry
Industry Median: 1.06 vs RDZN: -0.30

Roadzen Debt-to-EBITDA Historical Data

The historical data trend for Roadzen'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.

Roadzen Debt-to-EBITDA Chart

Roadzen Annual Data
Trend Mar21 Mar22 Mar23
Debt-to-EBITDA
-1.36 -2.84 -0.76

Roadzen Quarterly Data
Mar21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial - 5.09 -0.56 -0.15 -0.16

Competitive Comparison of Roadzen's Debt-to-EBITDA

For the Software - Application subindustry, Roadzen'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.


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

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

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



Roadzen Debt-to-EBITDA Calculation

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

Roadzen'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
=(7.937 + 1.014) / -11.843
=-0.76

Roadzen'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
=(17.983 + 0.855) / -118.248
=-0.16

* 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.


Roadzen  (NAS:RDZN) 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.


Roadzen Debt-to-EBITDA Related Terms

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


Roadzen (Roadzen) Business Description

Traded in Other Exchanges
N/A
Address
c/o Cogency Global Inc, 850 New Burton Road, Suite 201, Dover, DE, USA, 19904
Roadzen Inc is an insurance technology company on a mission to transform global auto insurance powered by advanced AI. Its clients comprise major insurers, fleets, and carmakers to small fleets, brokers, and insurance agents that use Roadzen's technology to build new products, sell insurance, process claims, and improve road safety. Roadzen's work in telematics and computer vision has earned recognition as an AI innovator by publications such as Forbes, Fortune, and Financial Express.

Roadzen (Roadzen) Headlines