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Zaggle Prepaid Ocean Services (BOM:543985) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Zaggle Prepaid Ocean Services Debt-to-EBITDA?

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

Zaggle Prepaid Ocean Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Zaggle Prepaid Ocean Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Zaggle Prepaid Ocean Services's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹994 Mil. Zaggle Prepaid Ocean Services'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 Zaggle Prepaid Ocean Services's Debt-to-EBITDA or its related term are showing as below:

BOM:543985' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.24   Med: 3.03   Max: 6.38
Current: 1.98

During the past 4 years, the highest Debt-to-EBITDA Ratio of Zaggle Prepaid Ocean Services was 6.38. The lowest was 1.24. And the median was 3.03.

BOM:543985's Debt-to-EBITDA is ranked worse than
65.52% of 1627 companies
in the Software industry
Industry Median: 1.04 vs BOM:543985: 1.98

Zaggle Prepaid Ocean Services Debt-to-EBITDA Historical Data

The historical data trend for Zaggle Prepaid Ocean Services'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.

Zaggle Prepaid Ocean Services Debt-to-EBITDA Chart

Zaggle Prepaid Ocean Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
6.38 2.99 1.24 3.08

Zaggle Prepaid Ocean Services Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Mar23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial 1.68 - N/A 1.28 -

Competitive Comparison of Zaggle Prepaid Ocean Services's Debt-to-EBITDA

For the Software - Infrastructure subindustry, Zaggle Prepaid Ocean Services'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.


Zaggle Prepaid Ocean Services's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Zaggle Prepaid Ocean Services's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Zaggle Prepaid Ocean Services's Debt-to-EBITDA falls into.



Zaggle Prepaid Ocean Services Debt-to-EBITDA Calculation

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

Zaggle Prepaid Ocean Services'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
=(741.54 + 671.94) / 459.7
=3.07

Zaggle Prepaid Ocean Services'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) / 994.04
=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.


Zaggle Prepaid Ocean Services  (BOM:543985) 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.


Zaggle Prepaid Ocean Services Debt-to-EBITDA Related Terms

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


Zaggle Prepaid Ocean Services (BOM:543985) Business Description

Traded in Other Exchanges
Address
Yadav Nagar, Boomerang Building, Ground Floor, B-1004, Chandivali, Powai, Mumbai, MH, IND, 400072
Zaggle Prepaid Ocean Services Ltd is a leading player in spend management, with a differentiated value proposition and diversified user base. The company operates in a segment where it interacts and interfaces with its Customers and end Users and is among a small number of uniquely positioned players with a diversified offering of financial technology (fintech) products and services, having one of the largest number of issued prepaid cards in India in partnership with certain of its banking partners. It has a diversified portfolio of software as a service (SaaS), including tax and payroll software, and a wide touchpoint reach.

Zaggle Prepaid Ocean Services (BOM:543985) Headlines

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