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Jhaveri Credits & Capital (BOM:531550) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Jhaveri Credits & Capital Debt-to-EBITDA?

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

Jhaveri Credits & Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Jhaveri Credits & Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Jhaveri Credits & Capital's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹57.0 Mil. Jhaveri Credits & Capital'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 Jhaveri Credits & Capital's Debt-to-EBITDA or its related term are showing as below:

During the past 13 years, the highest Debt-to-EBITDA Ratio of Jhaveri Credits & Capital was 22.28. The lowest was 0.00. And the median was 6.02.

BOM:531550's Debt-to-EBITDA is not ranked *
in the Capital Markets industry.
Industry Median: 1.5
* Ranked among companies with meaningful Debt-to-EBITDA only.

Jhaveri Credits & Capital Debt-to-EBITDA Historical Data

The historical data trend for Jhaveri Credits & Capital'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.

Jhaveri Credits & Capital Debt-to-EBITDA Chart

Jhaveri Credits & Capital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
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Jhaveri Credits & Capital 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 - - - - -

Competitive Comparison of Jhaveri Credits & Capital's Debt-to-EBITDA

For the Capital Markets subindustry, Jhaveri Credits & Capital'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.


Jhaveri Credits & Capital's Debt-to-EBITDA Distribution in the Capital Markets Industry

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

* The bar in red indicates where Jhaveri Credits & Capital's Debt-to-EBITDA falls into.



Jhaveri Credits & Capital Debt-to-EBITDA Calculation

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

Jhaveri Credits & Capital'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
=(0 + 0) / 10.649
=0.00

Jhaveri Credits & Capital'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) / 56.984
=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.


Jhaveri Credits & Capital  (BOM:531550) 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.


Jhaveri Credits & Capital Debt-to-EBITDA Related Terms

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


Jhaveri Credits & Capital (BOM:531550) Business Description

Traded in Other Exchanges
N/A
Address
301, Payal Tower-II, Sayajigunj, Vadodara, GJ, IND, 390020
Jhaveri Credits & Capital Ltd operates as a stock broking houses in Gujarat. It provides broking platform on various exchanges to the clients for dealing in various Commodities traded on those exchanges in the present, spot and future dealings. Its financial and wealth management services include e-trading of the major shares in various sectors. It also offers other financial services such as Mutual funds, commodity trading, derivative trading, equity trading, and initial public offers. It operates in India.

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