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Adarsh Mercantile (BOM:538563) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Adarsh Mercantile Debt-to-EBITDA?

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

Adarsh Mercantile's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Adarsh Mercantile's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Adarsh Mercantile's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹14.45 Mil. Adarsh Mercantile'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 Adarsh Mercantile's Debt-to-EBITDA or its related term are showing as below:

BOM:538563' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -103.51   Med: 13.16   Max: 59.49
Current: 1.37

During the past 10 years, the highest Debt-to-EBITDA Ratio of Adarsh Mercantile was 59.49. The lowest was -103.51. And the median was 13.16.

BOM:538563's Debt-to-EBITDA is ranked better than
69.68% of 808 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.83 vs BOM:538563: 1.37

Adarsh Mercantile Debt-to-EBITDA Historical Data

The historical data trend for Adarsh Mercantile'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.

Adarsh Mercantile Debt-to-EBITDA Chart

Adarsh Mercantile Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.40 -103.51 34.01 29.06 59.49

Adarsh Mercantile 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 - 11.57 - 2.04 -

Competitive Comparison of Adarsh Mercantile's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Adarsh Mercantile'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.


Adarsh Mercantile's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Adarsh Mercantile's Debt-to-EBITDA distribution charts can be found below:

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



Adarsh Mercantile Debt-to-EBITDA Calculation

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

Adarsh Mercantile'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
=(36.525 + 0) / 0.614
=59.49

Adarsh Mercantile'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) / 14.452
=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.


Adarsh Mercantile  (BOM:538563) 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.


Adarsh Mercantile Debt-to-EBITDA Related Terms

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


Adarsh Mercantile (BOM:538563) Business Description

Traded in Other Exchanges
N/A
Address
3, Alipore Road, 8A and 8B, Satyam Towers, Kolkata, WB, IND, 700 027
Adarsh Mercantile Ltd is an Indian company that operates in the commodity and financial services industry. The company is engaged in the business of trading goods, trading and investment in shares and securities. It is also engaged in investment in property. The company generates maximum revenue from the sale of Green tea leaf.

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