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Bhakti Gems and Jewellery (BOM:540545) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Bhakti Gems and Jewellery Debt-to-EBITDA?

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

Bhakti Gems and Jewellery's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Bhakti Gems and Jewellery's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Bhakti Gems and Jewellery's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹18.2 Mil. Bhakti Gems and Jewellery'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 Bhakti Gems and Jewellery's Debt-to-EBITDA or its related term are showing as below:

BOM:540545' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.13   Med: 12.17   Max: 41.88
Current: 4.13

During the past 12 years, the highest Debt-to-EBITDA Ratio of Bhakti Gems and Jewellery was 41.88. The lowest was 4.13. And the median was 12.17.

BOM:540545's Debt-to-EBITDA is ranked worse than
68.65% of 839 companies
in the Retail - Cyclical industry
Industry Median: 2.64 vs BOM:540545: 4.13

Bhakti Gems and Jewellery Debt-to-EBITDA Historical Data

The historical data trend for Bhakti Gems and Jewellery'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.

Bhakti Gems and Jewellery Debt-to-EBITDA Chart

Bhakti Gems and Jewellery 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 13.55 - 16.51 8.00 4.46

Bhakti Gems and Jewellery Quarterly Data
Sep18 Mar19 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 - 2.53 - 10.36 -

Competitive Comparison of Bhakti Gems and Jewellery's Debt-to-EBITDA

For the Luxury Goods subindustry, Bhakti Gems and Jewellery'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.


Bhakti Gems and Jewellery's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bhakti Gems and Jewellery's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bhakti Gems and Jewellery's Debt-to-EBITDA falls into.



Bhakti Gems and Jewellery Debt-to-EBITDA Calculation

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

Bhakti Gems and Jewellery'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
=(88.149 + 0) / 19.783
=4.46

Bhakti Gems and Jewellery'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) / 18.212
=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.


Bhakti Gems and Jewellery  (BOM:540545) 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.


Bhakti Gems and Jewellery Debt-to-EBITDA Related Terms

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


Bhakti Gems and Jewellery (BOM:540545) Business Description

Traded in Other Exchanges
N/A
Address
C G Road, Ahmedabad Ashram Road, FF/02, 413/1 Kalp BhaktiHouse, Near NarayanSociety, Behind Axis Bank, Ahmedabad, GJ, IND, 380009
Bhakti Gems and Jewellery Ltd is a manufacturer, wholesaler and supplier of gold jewellery. It focuses on traditional Indian jewellery including handmade gold jewellery studded with precious and semi-precious stones such as diamond, ruby, and cubic zirconia. Some of its products are rings, chains, toe rings, earrings, anklets, and pendants, among others.

Bhakti Gems and Jewellery (BOM:540545) Headlines

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