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Zen Technologies (BOM:533339) Debt-to-EBITDA : 0.03 (As of Mar. 2024)


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What is Zen Technologies Debt-to-EBITDA?

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

Zen Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹19 Mil. Zen Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹41 Mil. Zen Technologies's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹2,102 Mil. Zen Technologies's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.03.

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

BOM:533339' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 1.11   Max: 5.59
Current: 0.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Zen Technologies was 5.59. The lowest was 0.03. And the median was 1.11.

BOM:533339's Debt-to-EBITDA is ranked better than
93.36% of 226 companies
in the Aerospace & Defense industry
Industry Median: 2.245 vs BOM:533339: 0.03

Zen Technologies Debt-to-EBITDA Historical Data

The historical data trend for Zen Technologies'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.

Zen Technologies Debt-to-EBITDA Chart

Zen Technologies 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 0.04 0.21 1.71 0.08 0.03

Zen Technologies 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 0.05 - 0.02 - 0.03

Competitive Comparison of Zen Technologies's Debt-to-EBITDA

For the Aerospace & Defense subindustry, Zen Technologies'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.


Zen Technologies's Debt-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Zen Technologies's Debt-to-EBITDA distribution charts can be found below:

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



Zen Technologies Debt-to-EBITDA Calculation

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

Zen Technologies'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
=(18.985 + 41.353) / 1981.366
=0.03

Zen Technologies'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
=(18.985 + 41.353) / 2102.476
=0.03

* 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.


Zen Technologies  (BOM:533339) 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.


Zen Technologies Debt-to-EBITDA Related Terms

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


Zen Technologies (BOM:533339) Business Description

Traded in Other Exchanges
Address
B-42, Industrial Estate, Sanathnagar, Hyderabad, TG, IND, 500018
Zen Technologies Ltd is engaged in the design, development, and manufacture of training simulators. The products of the company are; Weapon Simulator, Hand Grenade Simulator, Driving Training Simulator, BMP-II Driving Simulator, Forward Observer Simulator, Tactical Engagement Simulator and among others. The firm offers its products to police and paramilitary forces, armed forces, security forces, government departments, such as transport, mining, infrastructure, and civilian markets. It operates through Training and Simulation segment. The company caters to both domestic and international markets.

Zen Technologies (BOM:533339) Headlines

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