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QMS Medical Allied Services (NSE:QMSMEDI) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is QMS Medical Allied Services Debt-to-EBITDA?

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

QMS Medical Allied Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. QMS Medical Allied Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. QMS Medical Allied Services's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹200 Mil. QMS Medical Allied Services'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 QMS Medical Allied Services's Debt-to-EBITDA or its related term are showing as below:

NSE:QMSMEDI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.16   Med: 1.52   Max: 2.17
Current: 1.86

During the past 4 years, the highest Debt-to-EBITDA Ratio of QMS Medical Allied Services was 2.17. The lowest was 1.16. And the median was 1.52.

NSE:QMSMEDI's Debt-to-EBITDA is ranked worse than
58.78% of 427 companies
in the Medical Devices & Instruments industry
Industry Median: 1.26 vs NSE:QMSMEDI: 1.86

QMS Medical Allied Services Debt-to-EBITDA Historical Data

The historical data trend for QMS Medical Allied Services'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.

QMS Medical Allied Services Debt-to-EBITDA Chart

QMS Medical Allied Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
1.24 1.16 1.80 2.17

QMS Medical Allied Services Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.08 - 1.65 -

Competitive Comparison of QMS Medical Allied Services's Debt-to-EBITDA

For the Medical Instruments & Supplies subindustry, QMS Medical Allied Services'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.


QMS Medical Allied Services's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, QMS Medical Allied Services's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where QMS Medical Allied Services's Debt-to-EBITDA falls into.



QMS Medical Allied Services Debt-to-EBITDA Calculation

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

QMS Medical Allied Services'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
=(240.648 + 14.571) / 117.757
=2.17

QMS Medical Allied Services'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) / 199.58
=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.


QMS Medical Allied Services  (NSE:QMSMEDI) 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.


QMS Medical Allied Services Debt-to-EBITDA Related Terms

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


QMS Medical Allied Services (NSE:QMSMEDI) Business Description

Traded in Other Exchanges
N/A
Address
Prabhat Colony, Road No. 3, 1A-B/2A-B, Navkala Bharti Building, Plot No. 16, Near Santacruz Bus Depot, Santacruz (East), Mumbai, MH, IND, 400055
QMS Medical Allied Services Ltd is engaged in the marketing and distribution of a wide range of medical products as well as medical education services. The company's products are sold under brand name "QDevices" and also manage the distribution for other brands such as 3M, Heine, Rossmax and others. It offers medical products such as Blood Pressure Monitors, Glucose Monitoring Kits and strips, Dental Products, Personal protection kits eg-PPE kits, Infection prevention, Stethoscope and Oxygen Concentrator.

QMS Medical Allied Services (NSE:QMSMEDI) Headlines

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