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Available Finance (BOM:531310) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Available Finance Debt-to-EBITDA?

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

Available Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Available Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Available Finance's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹3.57 Mil. Available Finance'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 Available Finance's Debt-to-EBITDA or its related term are showing as below:

During the past 13 years, the highest Debt-to-EBITDA Ratio of Available Finance was 123.50. The lowest was 0.00. And the median was 12.60.

BOM:531310's Debt-to-EBITDA is not ranked *
in the Credit Services industry.
Industry Median: 7.78
* Ranked among companies with meaningful Debt-to-EBITDA only.

Available Finance Debt-to-EBITDA Historical Data

The historical data trend for Available Finance'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.

Available Finance Debt-to-EBITDA Chart

Available Finance 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 14.86 1.97 5.18 4.64 -

Available Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - -

Competitive Comparison of Available Finance's Debt-to-EBITDA

For the Credit Services subindustry, Available Finance'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.


Available Finance's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Available Finance's Debt-to-EBITDA distribution charts can be found below:

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



Available Finance Debt-to-EBITDA Calculation

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

Available Finance's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Available Finance's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

* 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.


Available Finance  (BOM:531310) 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.


Available Finance Debt-to-EBITDA Related Terms

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


Available Finance (BOM:531310) Business Description

Traded in Other Exchanges
N/A
Address
5, Yeshwant Colony, Agarwal House, Indore, MP, IND, 452003
Available Finance Ltd is a non-banking financial company. It offers finance and investment services. Its core business activities include providing loans and advances. Its objective is to provide money with or without security to individuals and bodies corporate. The company also acquires, hold, sell, buy, and deal in any shares, stocks, debentures, bonds, mortgages, obligations, and other securities. It generates revenue in the form of interest on loans.

Available Finance (BOM:531310) Headlines

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