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Swastika Investsmart (BOM:530585) Debt-to-EBITDA : 0.40 (As of Mar. 2024)


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What is Swastika Investsmart Debt-to-EBITDA?

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

Swastika Investsmart's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Swastika Investsmart's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹139 Mil. Swastika Investsmart's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹351 Mil. Swastika Investsmart's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.40.

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

BOM:530585' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.59   Med: 2.31   Max: 6.01
Current: 0.59

During the past 13 years, the highest Debt-to-EBITDA Ratio of Swastika Investsmart was 6.01. The lowest was 0.59. And the median was 2.31.

BOM:530585's Debt-to-EBITDA is ranked better than
67.87% of 417 companies
in the Capital Markets industry
Industry Median: 1.38 vs BOM:530585: 0.59

Swastika Investsmart Debt-to-EBITDA Historical Data

The historical data trend for Swastika Investsmart'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.

Swastika Investsmart Debt-to-EBITDA Chart

Swastika Investsmart 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 5.31 1.40 0.84 2.57 0.59

Swastika Investsmart 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 2.83 - 0.86 - 0.40

Competitive Comparison of Swastika Investsmart's Debt-to-EBITDA

For the Capital Markets subindustry, Swastika Investsmart'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.


Swastika Investsmart's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Swastika Investsmart's Debt-to-EBITDA distribution charts can be found below:

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



Swastika Investsmart Debt-to-EBITDA Calculation

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

Swastika Investsmart'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
=(0 + 138.8) / 237.04
=0.59

Swastika Investsmart'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
=(0 + 138.8) / 350.744
=0.40

* 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.


Swastika Investsmart  (BOM:530585) 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.


Swastika Investsmart Debt-to-EBITDA Related Terms

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


Swastika Investsmart (BOM:530585) Business Description

Traded in Other Exchanges
N/A
Address
48, M.Y.H. Road, Jaora Compound, Indore, MP, IND, 452001
Swastika Investsmart Ltd is a fintech company. The company offers services like Stock broking, Algo trading, in-house Research Facility, Mutual Funds, Investment Banking, insurance broking and Loan facilities to clients. Its operating segment includes Broking and Related Activities and Financing Activities. The company generates maximum revenue from the Broking and Related Activities segment.

Swastika Investsmart (BOM:530585) Headlines

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