Bright Outdoor Media (BOM:543831) Debt-to-EBITDA : 0.38 (As of Mar. 2024)

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What is Bright Outdoor Media Debt-to-EBITDA?

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

Bright Outdoor Media's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹129 Mil. Bright Outdoor Media's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4 Mil. Bright Outdoor Media's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹348 Mil. Bright Outdoor Media's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.38.

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 Bright Outdoor Media's Debt-to-EBITDA or its related term are showing as below:

BOM:543831' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.57 Med: 6 Max: 8.75
Current: 0.57

During the past 5 years, the highest Debt-to-EBITDA Ratio of Bright Outdoor Media was 8.75. The lowest was 0.57. And the median was 6.00.

BOM:543831's Debt-to-EBITDA is ranked better than
71% of 662 companies
in the Media - Diversified industry
Industry Median: 1.695 vs BOM:543831: 0.57

Bright Outdoor Media Debt-to-EBITDA Historical Data

The historical data trend for Bright Outdoor Media'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.

Bright Outdoor Media Debt-to-EBITDA Chart

Bright Outdoor Media Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

6.62

8.75

6.00

2.66

0.57

Bright Outdoor Media Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	3.10	2.21	0.18	0.38

Competitive Comparison of Bright Outdoor Media's Debt-to-EBITDA

For the Advertising Agencies subindustry, Bright Outdoor Media'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.

Bright Outdoor Media's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bright Outdoor Media's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bright Outdoor Media's Debt-to-EBITDA falls into.

Bright Outdoor Media Debt-to-EBITDA Calculation

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

Bright Outdoor Media'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
	=	(129.038	+	3.649)	/	232.753
	=	0.57

Bright Outdoor Media'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
	=	(129.038	+	3.649)	/	347.506
	=	0.38

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 (Mar. 2024) EBITDA data.

Bright Outdoor Media (BOM:543831) 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.

Bright Outdoor Media Debt-to-EBITDA Related Terms

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

Bright Outdoor Media (BOM:543831) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Bright Outdoor Media Ltd (BOM:543831) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fame Infinity Mall, Off New Link Road, 801, 8th Floor, Crescent Tower, Near Morya House, Andheri (West), Mumbai, MH, IND, 400 053

Website

https://www.brightoutdoor.com

Bright Outdoor Media Ltd is engaged in the business of providing advertising services offering advertising media services consisting of Out of Home media services. The company's array of service hoardings includes Transfer stickers, Railway boards, Railway panels, Promos, full train, Bus panels, Full Bus painting, Toll Naka, Mobile sign trucks, Kiosks, Traffic Booths, Cinema slides, Gantry and Vinyl.

Bright Outdoor Media (BOM:543831) Headlines

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