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Industrial & Prudential Investment Co (BOM:501298) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Industrial & Prudential Investment Co Debt-to-EBITDA?

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

Industrial & Prudential Investment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Industrial & Prudential Investment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Industrial & Prudential Investment Co's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹56.29 Mil. Industrial & Prudential Investment Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

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 Industrial & Prudential Investment Co's Debt-to-EBITDA or its related term are showing as below:

BOM:501298's Debt-to-EBITDA is not ranked *
in the Asset Management industry.
Industry Median: 1.34
* Ranked among companies with meaningful Debt-to-EBITDA only.

Industrial & Prudential Investment Co Debt-to-EBITDA Historical Data

The historical data trend for Industrial & Prudential Investment Co'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.

Industrial & Prudential Investment Co Debt-to-EBITDA Chart

Industrial & Prudential Investment Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
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Industrial & Prudential Investment Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Industrial & Prudential Investment Co's Debt-to-EBITDA

For the Asset Management subindustry, Industrial & Prudential Investment Co'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.


Industrial & Prudential Investment Co's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Industrial & Prudential Investment Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Industrial & Prudential Investment Co's Debt-to-EBITDA falls into.



Industrial & Prudential Investment Co Debt-to-EBITDA Calculation

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

Industrial & Prudential Investment Co's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Industrial & Prudential Investment Co'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
=(0 + 0) / 56.288
=0.00

* 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.


Industrial & Prudential Investment Co  (BOM:501298) 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.


Industrial & Prudential Investment Co Debt-to-EBITDA Related Terms

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


Industrial & Prudential Investment Co (BOM:501298) Business Description

Traded in Other Exchanges
N/A
Address
8/1/B Diamond Harbour Road, Paharpur House, Kolkata, WB, IND, 700027
Industrial & Prudential Investment Co Ltd is a Non-Banking Finance Company. The activities of the company comprise of acquiring, selling and maintaining investments. The company invests customer's money in Indian as well as in the international equity market. Geographically the company serves Indian market customers.

Industrial & Prudential Investment Co (BOM:501298) Headlines

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