GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Paul Merchants Ltd (BOM:539113) » Definitions » Debt-to-EBITDA

Paul Merchants (BOM:539113) Debt-to-EBITDA : 4.67 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Paul Merchants Debt-to-EBITDA?

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

Paul Merchants's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,456 Mil. Paul Merchants's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,471 Mil. Paul Merchants's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹1,055 Mil. Paul Merchants's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 4.67.

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 Paul Merchants's Debt-to-EBITDA or its related term are showing as below:

BOM:539113' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.6   Med: 1.04   Max: 4.06
Current: 4.06

During the past 13 years, the highest Debt-to-EBITDA Ratio of Paul Merchants was 4.06. The lowest was 0.60. And the median was 1.04.

BOM:539113's Debt-to-EBITDA is ranked worse than
73.1% of 420 companies
in the Capital Markets industry
Industry Median: 1.325 vs BOM:539113: 4.06

Paul Merchants Debt-to-EBITDA Historical Data

The historical data trend for Paul Merchants'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.

Paul Merchants Debt-to-EBITDA Chart

Paul Merchants 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 0.81 1.57 2.02 3.67 4.06

Paul Merchants 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 4.10 - 3.58 - 4.67

Competitive Comparison of Paul Merchants's Debt-to-EBITDA

For the Capital Markets subindustry, Paul Merchants'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.


Paul Merchants's Debt-to-EBITDA Distribution in the Capital Markets Industry

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

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



Paul Merchants Debt-to-EBITDA Calculation

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

Paul Merchants'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
=(3456.482 + 1471.271) / 1214.5
=4.06

Paul Merchants'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
=(3456.482 + 1471.271) / 1054.56
=4.67

* 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.


Paul Merchants  (BOM:539113) 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.


Paul Merchants Debt-to-EBITDA Related Terms

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


Paul Merchants (BOM:539113) Business Description

Traded in Other Exchanges
N/A
Address
PML House, SCO 829-830, Sector 22-A, Chandigarh, IND, 160022
Paul Merchants Ltd offers financial services. The company provides foreign exchange, business payment solutions, tours and travels, ticketing, wealth management services, and gold loan. The company's business segments include Foreign Exchange, Tours and Travels, and Other Services. It derives key revenue from Forex activity.

Paul Merchants (BOM:539113) Headlines

No Headlines