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Aarnav Fashions (BOM:539562) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Aarnav Fashions Debt-to-EBITDA?

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

Aarnav Fashions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Aarnav Fashions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Aarnav Fashions's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹272 Mil. Aarnav Fashions'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 Aarnav Fashions's Debt-to-EBITDA or its related term are showing as below:

BOM:539562' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.18   Med: 4.85   Max: 8.2
Current: 7.34

During the past 9 years, the highest Debt-to-EBITDA Ratio of Aarnav Fashions was 8.20. The lowest was 0.18. And the median was 4.85.

BOM:539562's Debt-to-EBITDA is ranked worse than
81.21% of 809 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.84 vs BOM:539562: 7.34

Aarnav Fashions Debt-to-EBITDA Historical Data

The historical data trend for Aarnav Fashions'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.

Aarnav Fashions Debt-to-EBITDA Chart

Aarnav Fashions Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only - - 8.20 4.85 6.69

Aarnav Fashions 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 - -11.47 - 4.30 -

Competitive Comparison of Aarnav Fashions's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Aarnav Fashions'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.


Aarnav Fashions's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Aarnav Fashions Debt-to-EBITDA Calculation

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

Aarnav Fashions'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
=(929.236 + 343.283) / 190.305
=6.69

Aarnav Fashions'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) / 271.94
=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.


Aarnav Fashions  (BOM:539562) 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.


Aarnav Fashions Debt-to-EBITDA Related Terms

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


Aarnav Fashions (BOM:539562) Business Description

Traded in Other Exchanges
N/A
Address
Survey No. 302 / 303, Narol - Vatva Road, Narol, Ahmedabad, GJ, IND, 382405
Aarnav Fashions Ltd is an India-based company. It has an interest in investment and financial services. It operates through two business segments that are Financial services; and Trading. The business of financing includes trading commodities, shares, and securities. The trading business, which generates maximum revenue for the company, is involved in the trading of textiles. Geographically the company offers its service only to the Indian market.

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