Parshva Enterprises (BOM:542694) Debt-to-EBITDA : 1.98 (As of Mar. 2024)

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What is Parshva Enterprises Debt-to-EBITDA?

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

Parshva Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹5.6 Mil. Parshva Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4.6 Mil. Parshva Enterprises's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹5.1 Mil. Parshva Enterprises's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.98.

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 Parshva Enterprises's Debt-to-EBITDA or its related term are showing as below:

BOM:542694' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.51 Med: 2.05 Max: 3.26
Current: 2

During the past 7 years, the highest Debt-to-EBITDA Ratio of Parshva Enterprises was 3.26. The lowest was 0.51. And the median was 2.05.

BOM:542694's Debt-to-EBITDA is ranked better than
60.07% of 839 companies
in the Retail - Cyclical industry
Industry Median: 2.64 vs BOM:542694: 2.00

Parshva Enterprises Debt-to-EBITDA Historical Data

The historical data trend for Parshva Enterprises'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.

Parshva Enterprises Debt-to-EBITDA Chart

Parshva Enterprises Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

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0.53

3.26

2.34

2.09

2.00

Parshva Enterprises Quarterly Data
	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial												2.01	-	2.22	-	1.98

Competitive Comparison of Parshva Enterprises's Debt-to-EBITDA

For the Luxury Goods subindustry, Parshva Enterprises'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.

Parshva Enterprises's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Parshva Enterprises's Debt-to-EBITDA distribution charts can be found below:

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

Parshva Enterprises Debt-to-EBITDA Calculation

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

Parshva Enterprises'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
	=	(5.56	+	4.627)	/	5.084
	=	2.00

Parshva Enterprises'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
	=	(5.56	+	4.627)	/	5.148
	=	1.98

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.

Parshva Enterprises (BOM:542694) 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.

Parshva Enterprises Debt-to-EBITDA Related Terms

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

Parshva Enterprises (BOM:542694) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Parshva Enterprises Ltd (BOM:542694) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

Ramchandra Lane Extension, A-Wing, 811, Jaswanti Allied Business Centre, Malad (West), Mumbai, MH, IND, 400064

Website

http://www.parshvaenterprises.co.in

Parshva Enterprises Ltd deals in a variety of diamonds which include both rough and polished diamonds. It is also engaged in gold jewellery business. It sells gold jewellery such as Bangles, Necklace, Bracelet, Earrings, Pendant, and other related products. Further, it is also engaged in investment in real estate properties in Mumbai for the purpose of selling them for trading gains.

Parshva Enterprises (BOM:542694) Headlines

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