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Indostar Capital Finance (BOM:541336) Debt-to-EBITDA : 230.28 (As of Mar. 2024)


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What is Indostar Capital Finance Debt-to-EBITDA?

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

Indostar Capital Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Indostar Capital Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹75,717 Mil. Indostar Capital Finance's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹329 Mil. Indostar Capital Finance's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 230.28.

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 Indostar Capital Finance's Debt-to-EBITDA or its related term are showing as below:

BOM:541336' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -55.83   Med: 15.35   Max: 255.75
Current: 125.11

During the past 11 years, the highest Debt-to-EBITDA Ratio of Indostar Capital Finance was 255.75. The lowest was -55.83. And the median was 15.35.

BOM:541336's Debt-to-EBITDA is ranked worse than
97.31% of 260 companies
in the Credit Services industry
Industry Median: 7.49 vs BOM:541336: 125.11

Indostar Capital Finance Debt-to-EBITDA Historical Data

The historical data trend for Indostar Capital 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.

Indostar Capital Finance Debt-to-EBITDA Chart

Indostar Capital 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 -55.83 255.75 -17.41 33.08 125.11

Indostar Capital 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 22.02 - 127.98 - 230.28

Competitive Comparison of Indostar Capital Finance's Debt-to-EBITDA

For the Credit Services subindustry, Indostar Capital 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.


Indostar Capital Finance's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Indostar Capital Finance's Debt-to-EBITDA distribution charts can be found below:

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



Indostar Capital Finance Debt-to-EBITDA Calculation

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

Indostar Capital 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 + 75716.5) / 605.2
=125.11

Indostar Capital Finance'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 + 75716.5) / 328.8
=230.28

* 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.


Indostar Capital Finance  (BOM:541336) 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.


Indostar Capital Finance Debt-to-EBITDA Related Terms

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


Indostar Capital Finance (BOM:541336) Business Description

Traded in Other Exchanges
Address
Andheri- Ghatkopar Link Road, Unit No. 505, 5th Floor, Wing 2/E, Corporate Avenue, Chakala, Andheri (East), Mumbai, MH, IND, 400099
Indostar Capital Finance Ltd is a non-banking finance company. It is primarily engaged in providing bespoke Indian rupee denominated structured term financing solutions to corporate and loans to small and medium enterprise borrowers in India. The company operates four principal lines of business namely: Corporate lending, Small and Medium enterprise lending, Commercial vehicle lending, and Housing finance. It generally derives revenue in the form of fees and commission income, interest income on the loan portfolio, deposits with banks, investments in PTCs, and debt instruments. Geographically, the group generates key revenue from India.

Indostar Capital Finance (BOM:541336) Headlines

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