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Sharp India (BOM:523449) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Sharp India Debt-to-EBITDA?

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

Sharp India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Sharp India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Sharp India's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹-92.98 Mil. Sharp India'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 Sharp India's Debt-to-EBITDA or its related term are showing as below:

BOM:523449' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -12.4   Med: -3.33   Max: 1.97
Current: -12.4

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sharp India was 1.97. The lowest was -12.40. And the median was -3.33.

BOM:523449's Debt-to-EBITDA is ranked worse than
100% of 1744 companies
in the Hardware industry
Industry Median: 1.785 vs BOM:523449: -12.40

Sharp India Debt-to-EBITDA Historical Data

The historical data trend for Sharp 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.

Sharp India Debt-to-EBITDA Chart

Sharp India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.15 -4.68 -3.52 -8.02 -9.37

Sharp India Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 Premium Member Only -8.27 - -9.62 - -

Competitive Comparison of Sharp India's Debt-to-EBITDA

For the Consumer Electronics subindustry, Sharp 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.


Sharp India's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



Sharp India Debt-to-EBITDA Calculation

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

Sharp India'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
=(825.164 + 0) / -88.088
=-9.37

Sharp India'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) / -92.984
=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.


Sharp India  (BOM:523449) 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.


Sharp India Debt-to-EBITDA Related Terms

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


Sharp India (BOM:523449) Business Description

Traded in Other Exchanges
N/A
Address
Gat No. 686/4, Koregaon Bhima, Taluka Shirur, District Pune, Pune, MH, IND, 412 216
Sharp India Ltd is engaged in the business of consumer electronics. It manufactures and sells color televisions (CRT TVs), liquid crystal display televisions (LCD TVs), light-emitting diode televisions, and air conditioners. Geographically, the business presence of the group is seen in India.

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