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Browns Investments (COL:BIL.N0000) Debt-to-EBITDA : 0.60 (As of Dec. 2023)


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What is Browns Investments Debt-to-EBITDA?

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

Browns Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was රු17,415 Mil. Browns Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was රු53,043 Mil. Browns Investments's annualized EBITDA for the quarter that ended in Dec. 2023 was රු116,566 Mil. Browns Investments's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.60.

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 Browns Investments's Debt-to-EBITDA or its related term are showing as below:

COL:BIL.N0000' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.28   Med: 6.17   Max: 34.23
Current: 1.28

During the past 13 years, the highest Debt-to-EBITDA Ratio of Browns Investments was 34.23. The lowest was 1.28. And the median was 6.17.

COL:BIL.N0000's Debt-to-EBITDA is ranked better than
50.7% of 359 companies
in the Asset Management industry
Industry Median: 1.33 vs COL:BIL.N0000: 1.28

Browns Investments Debt-to-EBITDA Historical Data

The historical data trend for Browns Investments'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.

Browns Investments Debt-to-EBITDA Chart

Browns Investments 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 10.06 2.29 13.02 1.72 1.99

Browns Investments Quarterly Data
Mar19 Jun19 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 2.49 2.67 4.39 1.10 0.60

Competitive Comparison of Browns Investments's Debt-to-EBITDA

For the Asset Management subindustry, Browns Investments'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.


Browns Investments's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Browns Investments's Debt-to-EBITDA distribution charts can be found below:

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



Browns Investments Debt-to-EBITDA Calculation

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

Browns Investments'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
=(26366.485 + 39519.657) / 33103.849
=1.99

Browns Investments'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
=(17415.049 + 53042.633) / 116565.592
=0.60

* 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.


Browns Investments  (COL:BIL.N0000) 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.


Browns Investments Debt-to-EBITDA Related Terms

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


Browns Investments (COL:BIL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 100/1, Sri Jayawardenepura Mawatha, Rajagiriya, LKA
Browns Investments PLC is an investment company. The primary activities are investments in listed and non-listed companies and investments in subsidiaries and jointly controlled entities. The group's reportable segments are Investments, Leisure and Travel, Plantation, Construction/Trading and Manufacturing, Real Estate, and Power. It generates maximum revenue from the Plantation and Agriculture segment.

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