Cargosol Logistics (BOM:543621) Debt-to-EBITDA : 3.23 (As of Sep. 2023)

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What is Cargosol Logistics Debt-to-EBITDA?

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

Cargosol Logistics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹166 Mil. Cargosol Logistics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹91 Mil. Cargosol Logistics's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹80 Mil. Cargosol Logistics's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 3.23.

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 Cargosol Logistics's Debt-to-EBITDA or its related term are showing as below:

BOM:543621' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.16 Med: 3.29 Max: 4.46
Current: 3.96

During the past 4 years, the highest Debt-to-EBITDA Ratio of Cargosol Logistics was 4.46. The lowest was 2.16. And the median was 3.29.

BOM:543621's Debt-to-EBITDA is ranked worse than
64.4% of 840 companies
in the Transportation industry
Industry Median: 2.83 vs BOM:543621: 3.96

Cargosol Logistics Debt-to-EBITDA Historical Data

The historical data trend for Cargosol Logistics'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.

Cargosol Logistics Debt-to-EBITDA Chart

Cargosol Logistics Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

4.46

3.99

2.16

2.60

Cargosol Logistics Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	N/A	-	5.00	3.23

Competitive Comparison of Cargosol Logistics's Debt-to-EBITDA

For the Integrated Freight & Logistics subindustry, Cargosol Logistics'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.

Cargosol Logistics's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Cargosol Logistics's Debt-to-EBITDA distribution charts can be found below:

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

Cargosol Logistics Debt-to-EBITDA Calculation

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

Cargosol Logistics'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
	=	(139.955	+	111.48)	/	96.877
	=	2.60

Cargosol Logistics's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(166.176	+	90.841)	/	79.554
	=	3.23

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 (Sep. 2023) EBITDA data.

Cargosol Logistics (BOM:543621) 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.

Cargosol Logistics Debt-to-EBITDA Related Terms

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

Cargosol Logistics (BOM:543621) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cargosol Logistics Ltd (BOM:543621) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sahar Road, 502, Swaroop Arcade, Andheri (East), Mumbai, MH, IND, 400099

Website

https://www.cargosol.com

Cargosol Logistics Ltd is a complete 3 PL (third-party logistics) service provider, delivering end-to-end solutions in the logistics and supply chain domain involving multimodal transport operations, owning and operating container, sea and air freight, transportation, warehousing, custom clearance services and handling of project cargo.

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