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Swarnsarita Jewels India (BOM:526365) Debt-to-EBITDA : 13.18 (As of Mar. 2024)


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What is Swarnsarita Jewels India Debt-to-EBITDA?

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

Swarnsarita Jewels India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹991 Mil. Swarnsarita Jewels India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹86 Mil. Swarnsarita Jewels India's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹82 Mil. Swarnsarita Jewels India's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 13.18.

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 Swarnsarita Jewels India's Debt-to-EBITDA or its related term are showing as below:

BOM:526365' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.95   Med: 7.83   Max: 10.52
Current: 6.94

During the past 13 years, the highest Debt-to-EBITDA Ratio of Swarnsarita Jewels India was 10.52. The lowest was 5.95. And the median was 7.83.

BOM:526365's Debt-to-EBITDA is ranked worse than
80.96% of 835 companies
in the Retail - Cyclical industry
Industry Median: 2.61 vs BOM:526365: 6.94

Swarnsarita Jewels India Debt-to-EBITDA Historical Data

The historical data trend for Swarnsarita Jewels India'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.

Swarnsarita Jewels India Debt-to-EBITDA Chart

Swarnsarita Jewels India 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 7.78 7.93 7.17 7.33 6.94

Swarnsarita Jewels India 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 4.75 - 31.15 - 13.18

Competitive Comparison of Swarnsarita Jewels India's Debt-to-EBITDA

For the Luxury Goods subindustry, Swarnsarita Jewels India'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.


Swarnsarita Jewels India's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Swarnsarita Jewels India's Debt-to-EBITDA distribution charts can be found below:

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



Swarnsarita Jewels India Debt-to-EBITDA Calculation

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

Swarnsarita Jewels India'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
=(991.413 + 85.829) / 155.286
=6.94

Swarnsarita Jewels India'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
=(991.413 + 85.829) / 81.728
=13.18

* 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.


Swarnsarita Jewels India  (BOM:526365) 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.


Swarnsarita Jewels India Debt-to-EBITDA Related Terms

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


Swarnsarita Jewels India (BOM:526365) Business Description

Traded in Other Exchanges
N/A
Address
Office No. 24, 3-7 Dhanji Street, Navnidan Bhuvan, 2nd Floor, Mumbai, MH, IND, 400003
Swarnsarita Jewels India Ltd is principally engaged in manufacturing, exports-imports, wholesale and retail marketing of high-end Gold Jewellery and Diamond Jewellery. The company operates through multiple regions across India. Most of its revenue is earned from the Indian market, while it also has a presence in various abroad countries. It operates in one segment Diamond studded Jewellery.

Swarnsarita Jewels India (BOM:526365) Headlines

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