Vasa Denticity (NSE:DENTALKART) Debt-to-EBITDA : 0.03 (As of Sep. 2023)

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What is Vasa Denticity Debt-to-EBITDA?

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

Vasa Denticity's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹4.6 Mil. Vasa Denticity's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.0 Mil. Vasa Denticity's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹162.6 Mil. Vasa Denticity's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.03.

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 Vasa Denticity's Debt-to-EBITDA or its related term are showing as below:

NSE:DENTALKART' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.06 Med: 2.84 Max: 3.35
Current: 0.06

During the past 3 years, the highest Debt-to-EBITDA Ratio of Vasa Denticity was 3.35. The lowest was 0.06. And the median was 2.84.

NSE:DENTALKART's Debt-to-EBITDA is ranked better than
94.67% of 75 companies
in the Medical Distribution industry
Industry Median: 2 vs NSE:DENTALKART: 0.06

Vasa Denticity Debt-to-EBITDA Historical Data

The historical data trend for Vasa Denticity'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.

Vasa Denticity Debt-to-EBITDA Chart

Vasa Denticity Annual Data

Trend

Mar20

Mar21

Mar22

Debt-to-EBITDA

2.84

3.35

0.54

Vasa Denticity Semi-Annual Data
	Mar20	Mar21	Mar22	Sep23
Debt-to-EBITDA	N/A	N/A	N/A	0.03

Competitive Comparison of Vasa Denticity's Debt-to-EBITDA

For the Medical Distribution subindustry, Vasa Denticity'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.

Vasa Denticity's Debt-to-EBITDA Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Vasa Denticity's Debt-to-EBITDA distribution charts can be found below:

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

Vasa Denticity Debt-to-EBITDA Calculation

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

Vasa Denticity's Debt-to-EBITDA for the fiscal year that ended in Mar. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(18.3	+	14.329)	/	61.007
	=	0.53

Vasa Denticity'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
	=	(4.553	+	0)	/	162.634
	=	0.03

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.

Vasa Denticity (NSE:DENTALKART) 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.

Vasa Denticity Debt-to-EBITDA Related Terms

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

Vasa Denticity (NSE:DENTALKART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Vasa Denticity Ltd (NSE:DENTALKART) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Village, P.O. Chattarpur, Khasra No. 714, South Delhi, Delhi, IND, 110074

Website

https://www.dentalkart.com

Vasa Denticity Ltd is engaged in the business of marketing and distributing a comprehensive portfolio of dental products including consumables, instruments, equipment, and accessories for diagnosing, treating, and preventing dental conditions as well as improving the aesthetics of the human smile through our online portal Dentalkart.com. It operates an online channel housing approximately 300 domestic and international brands with a comprehensive product range of more than 10,000 dental products. sell a broad range of dental products including dental consumables such as adhesives, filling materials, and impression materials; dental equipment such as chairs, x-ray machines, and autoclaves; and dental instruments such as forceps, probes, and mirrors.

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