Kundan Edifice (NSE:KEL) Debt-to-EBITDA : 1.63 (As of Mar. 2023)

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What is Kundan Edifice Debt-to-EBITDA?

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

Kundan Edifice's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹90.4 Mil. Kundan Edifice's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹54.6 Mil. Kundan Edifice's annualized EBITDA for the quarter that ended in Mar. 2023 was ₹88.8 Mil. Kundan Edifice's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 1.63.

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 Kundan Edifice's Debt-to-EBITDA or its related term are showing as below:

NSE:KEL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.63 Med: 3.82 Max: 4.41
Current: 1.63

During the past 2 years, the highest Debt-to-EBITDA Ratio of Kundan Edifice was 4.41. The lowest was 1.63. And the median was 3.82.

NSE:KEL's Debt-to-EBITDA is ranked better than
53.22% of 1738 companies
in the Hardware industry
Industry Median: 1.795 vs NSE:KEL: 1.63

Kundan Edifice Debt-to-EBITDA Historical Data

The historical data trend for Kundan Edifice'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.

Kundan Edifice Debt-to-EBITDA Chart

Kundan Edifice Annual Data

Trend

Mar21

Mar22

Debt-to-EBITDA

4.41

3.23

Kundan Edifice Semi-Annual Data
	Mar21	Mar22	Mar23
Debt-to-EBITDA	4.41	3.23	1.63

Competitive Comparison of Kundan Edifice's Debt-to-EBITDA

For the Electronic Components subindustry, Kundan Edifice'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.

Kundan Edifice's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kundan Edifice's Debt-to-EBITDA distribution charts can be found below:

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

Kundan Edifice Debt-to-EBITDA Calculation

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

Kundan Edifice's Debt-to-EBITDA for the fiscal year that ended in Mar. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(41.245	+	49.257)	/	28.064
	=	3.22

Kundan Edifice's annualized Debt-to-EBITDA for the quarter 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
	=	(90.432	+	54.629)	/	88.845
	=	1.63

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 one times the quarterly (Mar. 2023) EBITDA data.

Kundan Edifice (NSE:KEL) 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.

Kundan Edifice Debt-to-EBITDA Related Terms

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

Kundan Edifice (NSE:KEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kundan Edifice Ltd (NSE:KEL) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gala A/ B, Ganesh Industrial Estate, behind Burma Shell Petrol Pump, Vasai East, Palghar, MH, IND, 401208

Website

https://www.kundanedifice.com

Kundan Edifice Ltd is a Company engaged in manufacturing, assembly and sale of light emitting diode (LED) strip lights. They provide lighting solutions to some of the key electrical and electronic manufacturing brands in India. The Company has one reportable segment which is business of Manufacture & Selling LED Strip Lights.

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