Ascensive Educare (BOM:543443) Debt-to-EBITDA : 1.17 (As of Mar. 2023)

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What is Ascensive Educare Debt-to-EBITDA?

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

Ascensive Educare's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹12.7 Mil. Ascensive Educare's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹23.9 Mil. Ascensive Educare's annualized EBITDA for the quarter that ended in Mar. 2023 was ₹31.2 Mil. Ascensive Educare's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 1.17.

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 Ascensive Educare's Debt-to-EBITDA or its related term are showing as below:

BOM:543443' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.62 Med: 3.42 Max: 5.58
Current: 1.62

During the past 5 years, the highest Debt-to-EBITDA Ratio of Ascensive Educare was 5.58. The lowest was 1.62. And the median was 3.42.

BOM:543443's Debt-to-EBITDA is ranked better than
51.93% of 181 companies
in the Education industry
Industry Median: 1.67 vs BOM:543443: 1.62

Ascensive Educare Debt-to-EBITDA Historical Data

The historical data trend for Ascensive Educare'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.

Ascensive Educare Debt-to-EBITDA Chart

Ascensive Educare Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

5.58

3.88

3.42

2.01

1.62

Ascensive Educare Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	-	1.42	2.77	1.17

Competitive Comparison of Ascensive Educare's Debt-to-EBITDA

For the Education & Training Services subindustry, Ascensive Educare'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.

Ascensive Educare's Debt-to-EBITDA Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Ascensive Educare's Debt-to-EBITDA distribution charts can be found below:

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

Ascensive Educare Debt-to-EBITDA Calculation

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

Ascensive Educare'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
	=	(12.659	+	23.935)	/	22.561
	=	1.62

Ascensive Educare's annualized Debt-to-EBITDA for the quarter 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
	=	(12.659	+	23.935)	/	31.172
	=	1.17

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 two times the quarterly (Mar. 2023) EBITDA data.

Ascensive Educare (BOM:543443) 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.

Ascensive Educare Debt-to-EBITDA Related Terms

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

Ascensive Educare (BOM:543443) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Ascensive Educare Ltd (BOM:543443) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

BF-32, 2nd Floor, Sector- I, Salt Lake City, Bidhannagar, Kolkata, WB, IND, 700064

Website

https://www.ascensiveeducare.com

Ascensive Educare Ltd is a responsive and innovative skill development company in Kolkata offering vocational training, and educational consulting in collaboration with Central and State Governments. The Company is exclusively engaged in the business of providing skill development training services.

Ascensive Educare (BOM:543443) Headlines

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