Veerkrupa Jewellers (BOM:543545) Debt-to-EBITDA : 1.05 (As of Sep. 2023)

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What is Veerkrupa Jewellers Debt-to-EBITDA?

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

Veerkrupa Jewellers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹1.9 Mil. Veerkrupa Jewellers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.0 Mil. Veerkrupa Jewellers's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹1.8 Mil. Veerkrupa Jewellers's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 1.05.

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 Veerkrupa Jewellers's Debt-to-EBITDA or its related term are showing as below:

BOM:543545' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.28 Med: 13.25 Max: 17.39
Current: 1.28

During the past 5 years, the highest Debt-to-EBITDA Ratio of Veerkrupa Jewellers was 17.39. The lowest was 1.28. And the median was 13.25.

BOM:543545's Debt-to-EBITDA is ranked better than
75.33% of 839 companies
in the Retail - Cyclical industry
Industry Median: 2.64 vs BOM:543545: 1.28

Veerkrupa Jewellers Debt-to-EBITDA Historical Data

The historical data trend for Veerkrupa Jewellers'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.

Veerkrupa Jewellers Debt-to-EBITDA Chart

Veerkrupa Jewellers Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

9.36

13.25

17.39

Veerkrupa Jewellers Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial			-	-29.17	18.26	9.83	1.05

Competitive Comparison of Veerkrupa Jewellers's Debt-to-EBITDA

For the Luxury Goods subindustry, Veerkrupa Jewellers'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.

Veerkrupa Jewellers's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

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

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

Veerkrupa Jewellers Debt-to-EBITDA Calculation

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

Veerkrupa Jewellers'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
	=	(11.266	+	0)	/	0.648
	=	17.39

Veerkrupa Jewellers's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(1.862	+	0)	/	1.772
	=	1.05

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 two times the quarterly (Sep. 2023) EBITDA data.

Veerkrupa Jewellers (BOM:543545) 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.

Veerkrupa Jewellers Debt-to-EBITDA Related Terms

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

Veerkrupa Jewellers (BOM:543545) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Veerkrupa Jewellers Ltd (BOM:543545) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

Shop No. 7, Vrundavan Residency, Near Satyam School, Near Dharmnath Prabhu Society, Naroda, Ahmedabad, GJ, IND, 382 330

Website

https://www.veerkrupajewellers.com

Veerkrupa Jewellers Ltd is engaged in the jewellery business including the sale of silver, gold, studded and other jewellery products. The company's jewellery is made of gold, silver, studded and other jewellery products that includes diamond, platinum and other precious and semi-precious stones.

Veerkrupa Jewellers (BOM:543545) Headlines

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