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Home First Finance Co India (BOM:543259) Debt-to-EBITDA : 21.31 (As of Mar. 2024)


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What is Home First Finance Co India Debt-to-EBITDA?

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

Home First Finance Co India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0 Mil. Home First Finance Co India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹73,021 Mil. Home First Finance Co India's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹3,426 Mil. Home First Finance Co India's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 21.31.

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 Home First Finance Co India's Debt-to-EBITDA or its related term are showing as below:

BOM:543259' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 14.77   Med: 21.59   Max: 37.45
Current: 29.57

During the past 7 years, the highest Debt-to-EBITDA Ratio of Home First Finance Co India was 37.45. The lowest was 14.77. And the median was 21.59.

BOM:543259's Debt-to-EBITDA is ranked worse than
78.79% of 33 companies
in the Banks industry
Industry Median: 10.68 vs BOM:543259: 29.57

Home First Finance Co India Debt-to-EBITDA Historical Data

The historical data trend for Home First Finance Co India'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.

Home First Finance Co India Debt-to-EBITDA Chart

Home First Finance Co India Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial 21.59 21.43 14.77 18.15 22.62

Home First Finance Co India Quarterly Data
Mar18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 16.97 18.33 - 21.31

Competitive Comparison of Home First Finance Co India's Debt-to-EBITDA

For the Mortgage Finance subindustry, Home First Finance Co India'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.


Home First Finance Co India's Debt-to-EBITDA Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Home First Finance Co India's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Home First Finance Co India's Debt-to-EBITDA falls into.



Home First Finance Co India Debt-to-EBITDA Calculation

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

Home First Finance Co India'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 + 73021.02) / 3227.84
=22.62

Home First Finance Co India'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 + 73021.02) / 3426.12
=21.31

* 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.


Home First Finance Co India  (BOM:543259) 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.


Home First Finance Co India Debt-to-EBITDA Related Terms

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


Home First Finance Co India (BOM:543259) Business Description

Traded in Other Exchanges
Address
511, Acme Plaza, Andheri Kurla Road, Opposite Sangam Cinema, J B Nagar, Andheri (East), Mumbai, MH, IND, 400 059
Home First Finance Co India Ltd is an affordable housing finance company. The company is primarily engaged in the business of lending housing loans, loans to purchase commercial property, loans against property, and construction finance.

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