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Asian Star Co (BOM:531847) Debt-to-EBITDA : 4.01 (As of Mar. 2024)


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What is Asian Star Co Debt-to-EBITDA?

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

Asian Star Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹6,880 Mil. Asian Star Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹534 Mil. Asian Star Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹1,850 Mil. Asian Star Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 4.01.

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 Asian Star Co's Debt-to-EBITDA or its related term are showing as below:

BOM:531847' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.89   Med: 5.61   Max: 8.92
Current: 5.06

During the past 13 years, the highest Debt-to-EBITDA Ratio of Asian Star Co was 8.92. The lowest was 3.89. And the median was 5.61.

BOM:531847's Debt-to-EBITDA is ranked worse than
73.84% of 841 companies
in the Retail - Cyclical industry
Industry Median: 2.63 vs BOM:531847: 5.06

Asian Star Co Debt-to-EBITDA Historical Data

The historical data trend for Asian Star 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.

Asian Star Co Debt-to-EBITDA Chart

Asian Star Co 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 6.01 7.25 5.22 4.26 5.06

Asian Star 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 3.88 - 5.81 - 4.01

Competitive Comparison of Asian Star Co's Debt-to-EBITDA

For the Luxury Goods subindustry, Asian Star 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.


Asian Star Co's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Asian Star Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Asian Star Co's Debt-to-EBITDA falls into.



Asian Star Co Debt-to-EBITDA Calculation

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

Asian Star Co'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
=(6880.18 + 533.881) / 1465.72
=5.06

Asian Star 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
=(6880.18 + 533.881) / 1849.744
=4.01

* 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.


Asian Star Co  (BOM:531847) 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.


Asian Star Co Debt-to-EBITDA Related Terms

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


Asian Star Co (BOM:531847) Business Description

Traded in Other Exchanges
N/A
Address
114 - C, Mittal Court, Nariman Point, Mumbai, MH, IND, 400 021
Asian Star Co Ltd operates in the jewelry business. Their key product line includes Loose Polished, Diamond Jewellery, Diamond Jewellery Retailing, and Power. Geographically The company operates across the USA, Europe, Asia, and South-East Asia. The Company operates in two business segments namely Diamonds and Jewellery. It generates the maximum amount of revenue from the sales of Polished Diamonds. Their mode of sales is an offline channel and the company caters maximum to HNI customers.

Asian Star Co (BOM:531847) Headlines

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