GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Lerthai Finance Ltd (BOM:502250) » Definitions » Debt-to-EBITDA

Lerthai Finance (BOM:502250) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Lerthai Finance Debt-to-EBITDA?

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

Lerthai Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Lerthai Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Lerthai Finance's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹-7.46 Mil. Lerthai Finance'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 Lerthai Finance's Debt-to-EBITDA or its related term are showing as below:

BOM:502250's Debt-to-EBITDA is not ranked *
in the Asset Management industry.
Industry Median: 1.34
* Ranked among companies with meaningful Debt-to-EBITDA only.

Lerthai Finance Debt-to-EBITDA Historical Data

The historical data trend for Lerthai Finance'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.

Lerthai Finance Debt-to-EBITDA Chart

Lerthai Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Lerthai Finance 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 - - - - -

Competitive Comparison of Lerthai Finance's Debt-to-EBITDA

For the Asset Management subindustry, Lerthai Finance'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.


Lerthai Finance's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Lerthai Finance's Debt-to-EBITDA distribution charts can be found below:

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



Lerthai Finance Debt-to-EBITDA Calculation

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

Lerthai Finance'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
=(0 + 0) / -6.506
=0.00

Lerthai Finance's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

* 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.


Lerthai Finance  (BOM:502250) 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.


Lerthai Finance Debt-to-EBITDA Related Terms

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


Lerthai Finance (BOM:502250) Business Description

Traded in Other Exchanges
N/A
Address
Mahatma Gandhi Road, Office No. 312/313, Third Floor, Barton Centre, Bangalore, KA, IND, 560001
Lerthai Finance Ltd is an Indian company engaged in the business activity of financing and investment. Geographically the company operates only in India.

Lerthai Finance (BOM:502250) Headlines

No Headlines