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Prudentorate Advisory Services (NSE:PRUDENT) Debt-to-EBITDA : 0.08 (As of Mar. 2024)


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What is Prudentorate Advisory Services Debt-to-EBITDA?

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

Prudentorate Advisory Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Prudentorate Advisory Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹203 Mil. Prudentorate Advisory Services's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹2,680 Mil. Prudentorate Advisory Services's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.08.

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 Prudentorate Advisory Services's Debt-to-EBITDA or its related term are showing as below:

NSE:PRUDENT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.09   Med: 0.14   Max: 0.77
Current: 0.12

During the past 6 years, the highest Debt-to-EBITDA Ratio of Prudentorate Advisory Services was 0.77. The lowest was 0.09. And the median was 0.14.

NSE:PRUDENT's Debt-to-EBITDA is ranked better than
85.2% of 358 companies
in the Asset Management industry
Industry Median: 1.3 vs NSE:PRUDENT: 0.12

Prudentorate Advisory Services Debt-to-EBITDA Historical Data

The historical data trend for Prudentorate Advisory 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.

Prudentorate Advisory Services Debt-to-EBITDA Chart

Prudentorate Advisory Services Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial 0.36 0.18 0.11 0.09 0.10

Prudentorate Advisory Services Quarterly Data
Mar19 Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 - 0.07 0.11 - 0.08

Competitive Comparison of Prudentorate Advisory Services's Debt-to-EBITDA

For the Asset Management subindustry, Prudentorate Advisory 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.


Prudentorate Advisory Services's Debt-to-EBITDA Distribution in the Asset Management Industry

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

* The bar in red indicates where Prudentorate Advisory Services's Debt-to-EBITDA falls into.



Prudentorate Advisory Services Debt-to-EBITDA Calculation

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

Prudentorate Advisory Services's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 203.154) / 2127.563
=0.10

Prudentorate Advisory Services's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 203.154) / 2679.552
=0.08

* 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 (Mar. 2024) EBITDA data.


Prudentorate Advisory Services  (NSE:PRUDENT) 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.


Prudentorate Advisory Services Debt-to-EBITDA Related Terms

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


Prudentorate Advisory Services (NSE:PRUDENT) Business Description

Traded in Other Exchanges
Address
Panjarapole Cross Road, Prudent House, 3 Devang Park Society, Nr. Polytechnic, Ambawadi, Ahmedabad, GJ, IND, 380 015
Prudent Corporate Advisory Services Ltd provides retail wealth management services. The company offers Mutual Fund products, Life and General Insurance solutions, Stock Broking services, SIP with Insurance, Gold Accumulation Plans, Asset Allocation, Fixed Income Products, Property, and loans.

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