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Asarfi Hospital (BOM:543943) Debt-to-EBITDA : 1.78 (As of Sep. 2023)


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What is Asarfi Hospital Debt-to-EBITDA?

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

Asarfi Hospital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹104.9 Mil. Asarfi Hospital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹215.2 Mil. Asarfi Hospital's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹179.6 Mil. Asarfi Hospital's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 1.78.

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 Asarfi Hospital's Debt-to-EBITDA or its related term are showing as below:

BOM:543943' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.88   Med: 1.03   Max: 2.13
Current: 2.13

During the past 3 years, the highest Debt-to-EBITDA Ratio of Asarfi Hospital was 2.13. The lowest was 0.88. And the median was 1.03.

BOM:543943's Debt-to-EBITDA is ranked better than
55.5% of 427 companies
in the Healthcare Providers & Services industry
Industry Median: 2.58 vs BOM:543943: 2.13

Asarfi Hospital Debt-to-EBITDA Historical Data

The historical data trend for Asarfi Hospital'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.

Asarfi Hospital Debt-to-EBITDA Chart

Asarfi Hospital Annual Data
Trend Mar21 Mar22 Mar23
Debt-to-EBITDA
0.88 1.03 1.10

Asarfi Hospital Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23
Debt-to-EBITDA N/A N/A - 1.42 1.78

Competitive Comparison of Asarfi Hospital's Debt-to-EBITDA

For the Medical Care Facilities subindustry, Asarfi Hospital'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.


Asarfi Hospital's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Asarfi Hospital's Debt-to-EBITDA distribution charts can be found below:

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



Asarfi Hospital Debt-to-EBITDA Calculation

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

Asarfi Hospital'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
=(64.144 + 107.876) / 156.288
=1.10

Asarfi Hospital'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
=(104.883 + 215.246) / 179.556
=1.78

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


Asarfi Hospital  (BOM:543943) 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.


Asarfi Hospital Debt-to-EBITDA Related Terms

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


Asarfi Hospital (BOM:543943) Business Description

Traded in Other Exchanges
N/A
Address
Bishunpur Polytechnic, Baramuri, 4th floor, Dhanbad, JH, IND, 828130
Asarfi Hospital Ltd provides healthcare facilities to the people of Jharkhand. It is a is a 250 bedded multi-specialty hospital offering healthcare facilities. The company is committed towards delivering valued healthcare services to patients that include prevention, treatment, and proper rehabilitation.

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