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Yash Innoventures (BOM:523650) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Yash Innoventures Debt-to-EBITDA?

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

Yash Innoventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Yash Innoventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Yash Innoventures's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹-12.88 Mil. Yash Innoventures'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 Yash Innoventures's Debt-to-EBITDA or its related term are showing as below:

BOM:523650' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.99   Med: 0.29   Max: 40.85
Current: 40.85

During the past 13 years, the highest Debt-to-EBITDA Ratio of Yash Innoventures was 40.85. The lowest was -7.99. And the median was 0.29.

BOM:523650's Debt-to-EBITDA is ranked worse than
92.96% of 1264 companies
in the Real Estate industry
Industry Median: 5.9 vs BOM:523650: 40.85

Yash Innoventures Debt-to-EBITDA Historical Data

The historical data trend for Yash Innoventures'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.

Yash Innoventures Debt-to-EBITDA Chart

Yash Innoventures Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 - -2.00 -7.99 -3.89

Yash Innoventures Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - -3.00 - 1.71 -

Competitive Comparison of Yash Innoventures's Debt-to-EBITDA

For the Real Estate Services subindustry, Yash Innoventures'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.


Yash Innoventures's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Yash Innoventures's Debt-to-EBITDA distribution charts can be found below:

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



Yash Innoventures Debt-to-EBITDA Calculation

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

Yash Innoventures'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
=(43.56 + 0) / -11.19
=-3.89

Yash Innoventures'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) / -12.88
=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.


Yash Innoventures  (BOM:523650) 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.


Yash Innoventures Debt-to-EBITDA Related Terms

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


Yash Innoventures (BOM:523650) Business Description

Traded in Other Exchanges
N/A
Address
S.G.Highway, Behind Prahladnagar Garden, 1st Floor, Corporate House No. 3, Parshwanath Business Park, Ahmedabad, GJ, IND, 380014
Yash Innoventures Ltd, formerly Redex Protech Ltd operates in the fire extinguisher equipment industry. The company is engaged in the manufacturing fire extinguisher equipment, smoke alarms, and smoke detectors. The company is operating in two segments i.e. Construction & Infrastructure and Fire Extinguisher. The maximum contribution of revenue consists of rental income which is generated from the leasing of the property.

Yash Innoventures (BOM:523650) Headlines

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