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Rainbow Childrens Medicare (BOM:543524) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Rainbow Childrens Medicare Debt-to-EBITDA?

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

Rainbow Childrens Medicare's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Rainbow Childrens Medicare's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Rainbow Childrens Medicare's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹5,067 Mil. Rainbow Childrens Medicare'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 Rainbow Childrens Medicare's Debt-to-EBITDA or its related term are showing as below:

BOM:543524' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.34   Med: 2.36   Max: 3.01
Current: 1.39

During the past 5 years, the highest Debt-to-EBITDA Ratio of Rainbow Childrens Medicare was 3.01. The lowest was 1.34. And the median was 2.36.

BOM:543524's Debt-to-EBITDA is ranked better than
63.23% of 427 companies
in the Healthcare Providers & Services industry
Industry Median: 2.63 vs BOM:543524: 1.39

Rainbow Childrens Medicare Debt-to-EBITDA Historical Data

The historical data trend for Rainbow Childrens Medicare'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.

Rainbow Childrens Medicare Debt-to-EBITDA Chart

Rainbow Childrens Medicare Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
2.97 2.36 3.01 1.79 1.34

Rainbow Childrens Medicare Quarterly Data
Mar19 Mar20 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 - 1.33 - 1.26 -

Competitive Comparison of Rainbow Childrens Medicare's Debt-to-EBITDA

For the Medical Care Facilities subindustry, Rainbow Childrens Medicare'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.


Rainbow Childrens Medicare's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Rainbow Childrens Medicare's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Rainbow Childrens Medicare's Debt-to-EBITDA falls into.



Rainbow Childrens Medicare Debt-to-EBITDA Calculation

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

Rainbow Childrens Medicare'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
=(104.65 + 5598.57) / 4272.42
=1.33

Rainbow Childrens Medicare'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) / 5067.48
=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.


Rainbow Childrens Medicare  (BOM:543524) 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.


Rainbow Childrens Medicare Debt-to-EBITDA Related Terms

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


Rainbow Childrens Medicare (BOM:543524) Business Description

Traded in Other Exchanges
Address
Road No. 2, Banjara Hills, 8-2-120/103/1, Survey No. 403, Hyderabad, TG, IND, 500034
Rainbow Childrens Medicare Ltd operates a multi-specialty pediatric, obstetrics, and gynecology hospital chain in India. The company offers a wide range of services such as newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care, obstetrics, and gynecology, which includes normal and complex obstetric care, and multidisciplinary fetal care, perinatal genetic and fertility care.

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