GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aeries Technology Inc (NAS:AERT) » Definitions » Debt-to-EBITDA

Aeries Technology (Aeries Technology) Debt-to-EBITDA : -0.23 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Aeries Technology Debt-to-EBITDA?

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

Aeries Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8.10 Mil. Aeries Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.97 Mil. Aeries Technology's annualized EBITDA for the quarter that ended in Dec. 2023 was $-62.52 Mil. Aeries Technology's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.22.

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 Aeries Technology's Debt-to-EBITDA or its related term are showing as below:

AERT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.94   Med: 1.2   Max: 2.13
Current: -0.94

During the past 2 years, the highest Debt-to-EBITDA Ratio of Aeries Technology was 2.13. The lowest was -0.94. And the median was 1.20.

AERT's Debt-to-EBITDA is ranked worse than
100% of 824 companies
in the Business Services industry
Industry Median: 1.905 vs AERT: -0.94

Aeries Technology Debt-to-EBITDA Historical Data

The historical data trend for Aeries Technology'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.

Aeries Technology Debt-to-EBITDA Chart

Aeries Technology Annual Data
Trend Mar22 Mar23
Debt-to-EBITDA
0.26 2.13

Aeries Technology Quarterly Data
Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial - 1.98 2.37 -0.09 -0.23

Competitive Comparison of Aeries Technology's Debt-to-EBITDA

For the Consulting Services subindustry, Aeries Technology'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.


Aeries Technology's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aeries Technology's Debt-to-EBITDA distribution charts can be found below:

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



Aeries Technology Debt-to-EBITDA Calculation

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

Aeries Technology'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
=(3.332 + 5.465) / 4.123
=2.13

Aeries Technology'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
=(8.099 + 5.966) / -62.516
=-0.22

* 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.


Aeries Technology  (NAS:AERT) 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.


Aeries Technology Debt-to-EBITDA Related Terms

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


Aeries Technology (Aeries Technology) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Twin Towers Lane, Paville House, 5th Floor, Prabhadevi, Mumbai, MH, IND, 400025
Aeries Technology Inc is a global professional and management services partner offering a range of management consultancy services for private equity sponsors and their portfolio companies with engagement models that are designed to provide a mix of deep vertical specialty, functional expertise, and digital systems and solutions to scale, optimize and transform a client's business operations. It supports and drives its client's global growth by providing a range of management consultancy services involving professional advisory services and operations management services to build and manage dedicated delivery centers in appropriate locations based on customer business needs.
Executives
Tony Marion Pearce director, officer: Executive Chairman 123 EAST 200 NORTH, ALPINE UT 84004
Terry Vernon Pearce director, officer: Executive Vice-Chairman 123 EAST 200 NORTH, ALPINE UT 84004
David V. Crowder director C/O GSV CAPITAL CORP., 2956 WOODSIDE ROAD, WOODSIDE CA 94062
Lynne Marie Laube director C/O CARDLYTICS, INC., 675 PONCE DE LEON AVENUE NE, SUITE 6000, ATLANTA GA 30308
Tanner Ainge director 1633 W. INNOVATION WAY, 5TH FLOOR, LEHI UT 84043
Worldwide Webb Acquisition Sponsor, Llc 10 percent owner 770 E TECHNOLOGY WAY F13-16, OREM UT 84097
Daniel S. Webb director, 10 percent owner, officer: CEO, CFO 770 E TECHNOLOGY WAY F13-16, OREM UT 84097
Davis Smith director 770 E TECHNOLOGY WAY F13-16, OREM UT 84097