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The Mauritius Development Investment Trust Co (XMAU:MDIT) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is The Mauritius Development Investment Trust Co Debt-to-EBITDA?

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

The Mauritius Development Investment Trust Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was MUR0.00 Mil. The Mauritius Development Investment Trust Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was MUR0.00 Mil. The Mauritius Development Investment Trust Co's annualized EBITDA for the quarter that ended in Mar. 2024 was MUR261.98 Mil. The Mauritius Development Investment Trust Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 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 The Mauritius Development Investment Trust Co's Debt-to-EBITDA or its related term are showing as below:

XMAU:MDIT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.22   Med: 0.16   Max: 3.04
Current: 0.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of The Mauritius Development Investment Trust Co was 3.04. The lowest was -0.22. And the median was 0.16.

XMAU:MDIT's Debt-to-EBITDA is ranked better than
96.94% of 359 companies
in the Asset Management industry
Industry Median: 1.33 vs XMAU:MDIT: 0.02

The Mauritius Development Investment Trust Co Debt-to-EBITDA Historical Data

The historical data trend for The Mauritius Development Investment Trust Co'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.

The Mauritius Development Investment Trust Co Debt-to-EBITDA Chart

The Mauritius Development Investment Trust Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 -0.15 0.23 0.38 -0.02

The Mauritius Development Investment Trust Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.09 - - -

Competitive Comparison of The Mauritius Development Investment Trust Co's Debt-to-EBITDA

For the Asset Management subindustry, The Mauritius Development Investment Trust Co'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.


The Mauritius Development Investment Trust Co's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Mauritius Development Investment Trust Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where The Mauritius Development Investment Trust Co's Debt-to-EBITDA falls into.



The Mauritius Development Investment Trust Co Debt-to-EBITDA Calculation

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

The Mauritius Development Investment Trust Co's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.5 + 0) / -150.836
=-0.02

The Mauritius Development Investment Trust Co'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
=(0 + 0) / 261.976
=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 (Mar. 2024) EBITDA data.


The Mauritius Development Investment Trust Co  (XMAU:MDIT) 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.


The Mauritius Development Investment Trust Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of The Mauritius Development Investment Trust Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


The Mauritius Development Investment Trust Co (XMAU:MDIT) Business Description

Traded in Other Exchanges
N/A
Address
206 The Catalyst, 40 Silicon Avenue, Ebene, MUS, 72201
The Mauritius Development Investment Trust Co Ltd is an investment trust and a closed-end fund. Its investment objective is to secure for investors the benefits of a good dividend yield as well as long-term capital growth. The company is organized into one main operating segment, which invests in quoted and unquoted securities both on the local and overseas market. The company operates in Mauritius, Europe, United Kingdom, United States, Asia and South Africa, out of which it derives maximum revenue from Mauritius.

The Mauritius Development Investment Trust Co (XMAU:MDIT) Headlines

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