ITCONS E-Solutions (BOM:543806) Debt-to-EBITDA : 0.02 (As of Sep. 2023)

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What is ITCONS E-Solutions Debt-to-EBITDA?

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

ITCONS E-Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.4 Mil. ITCONS E-Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.0 Mil. ITCONS E-Solutions's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹24.9 Mil. ITCONS E-Solutions's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.02.

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 ITCONS E-Solutions's Debt-to-EBITDA or its related term are showing as below:

BOM:543806' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02 Med: 2.23 Max: 5.92
Current: 0.03

During the past 4 years, the highest Debt-to-EBITDA Ratio of ITCONS E-Solutions was 5.92. The lowest was 0.02. And the median was 2.23.

BOM:543806's Debt-to-EBITDA is ranked better than
97.23% of 830 companies
in the Business Services industry
Industry Median: 1.85 vs BOM:543806: 0.03

ITCONS E-Solutions Debt-to-EBITDA Historical Data

The historical data trend for ITCONS E-Solutions'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.

ITCONS E-Solutions Debt-to-EBITDA Chart

ITCONS E-Solutions Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

3.86

5.92

0.59

0.02

ITCONS E-Solutions Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	N/A	0.34	0.23	0.02

Competitive Comparison of ITCONS E-Solutions's Debt-to-EBITDA

For the Staffing & Employment Services subindustry, ITCONS E-Solutions'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.

ITCONS E-Solutions's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ITCONS E-Solutions's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where ITCONS E-Solutions's Debt-to-EBITDA falls into.

ITCONS E-Solutions Debt-to-EBITDA Calculation

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

ITCONS E-Solutions'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
	=	(0.565	+	0)	/	26.04
	=	0.02

ITCONS E-Solutions's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.379	+	0)	/	24.908
	=	0.02

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 two times the quarterly (Sep. 2023) EBITDA data.

ITCONS E-Solutions (BOM:543806) 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.

ITCONS E-Solutions Debt-to-EBITDA Related Terms

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

ITCONS E-Solutions (BOM:543806) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ITCONS E-Solutions Ltd (BOM:543806) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jamna Lal Bajaj Marg, 3rd Floor, B-10, Bajaj Bhawan, Sector-3, Noida, UP, IND, 201301

Website

https://www.itconsinc.com

ITCONS E-Solutions Ltd is engaged in the business of providing human resource services to both public and private organizations mostly in the organized sector in diverse roles and responsibilities. The company's services include Manpower Supply & Recruitment Services; and Manpower Sourcing & Staffing Services. The Manpower Supply Services account for a majority of its revenues, and Manpower Souring Services contribute to the rest of its revenues.

ITCONS E-Solutions (BOM:543806) Headlines

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