Manoj Vaibhav Gems N Jewellers (BOM:543995) Debt-to-EBITDA : 2.65 (As of Mar. 2024)

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What is Manoj Vaibhav Gems N Jewellers Debt-to-EBITDA?

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

Manoj Vaibhav Gems N Jewellers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,694 Mil. Manoj Vaibhav Gems N Jewellers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹596 Mil. Manoj Vaibhav Gems N Jewellers's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹1,616 Mil. Manoj Vaibhav Gems N Jewellers's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.65.

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 Manoj Vaibhav Gems N Jewellers's Debt-to-EBITDA or its related term are showing as below:

BOM:543995' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.65 Med: 4.68 Max: 6.18
Current: 2.65

During the past 5 years, the highest Debt-to-EBITDA Ratio of Manoj Vaibhav Gems N Jewellers was 6.18. The lowest was 2.65. And the median was 4.68.

BOM:543995's Debt-to-EBITDA is ranked worse than
50.36% of 840 companies
in the Retail - Cyclical industry
Industry Median: 2.63 vs BOM:543995: 2.65

Manoj Vaibhav Gems N Jewellers Debt-to-EBITDA Historical Data

The historical data trend for Manoj Vaibhav Gems N Jewellers'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.

Manoj Vaibhav Gems N Jewellers Debt-to-EBITDA Chart

Manoj Vaibhav Gems N Jewellers Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

5.32

6.18

4.68

3.30

2.65

Manoj Vaibhav Gems N Jewellers Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Debt-to-EBITDA	5.32	6.18	4.68	3.30	2.65

Competitive Comparison of Manoj Vaibhav Gems N Jewellers's Debt-to-EBITDA

For the Luxury Goods subindustry, Manoj Vaibhav Gems N Jewellers'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.

Manoj Vaibhav Gems N Jewellers's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Manoj Vaibhav Gems N Jewellers's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Manoj Vaibhav Gems N Jewellers's Debt-to-EBITDA falls into.

Manoj Vaibhav Gems N Jewellers Debt-to-EBITDA Calculation

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

Manoj Vaibhav Gems N Jewellers's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(3694.34	+	595.74)	/	1616.43
	=	2.65

Manoj Vaibhav Gems N Jewellers's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(3694.34	+	595.74)	/	1616.43
	=	2.65

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 one times the quarterly (Mar. 2024) EBITDA data.

Manoj Vaibhav Gems N Jewellers (BOM:543995) 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.

Manoj Vaibhav Gems N Jewellers Debt-to-EBITDA Related Terms

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

Manoj Vaibhav Gems N Jewellers (BOM:543995) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Manoj Vaibhav Gems N Jewellers Ltd (BOM:543995) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

MVGJL:India

Address

D. No:- 47-10-19, 2nd Lane, Dwarakanagar, Visakhapatnam, AP, IND, 530016

Website

https://www.vaibhavjewellers.com

Manoj Vaibhav Gems N Jewellers Ltd is a leading regional jewellery brand in South India led by a first-generation woman entrepreneur. It is a hyperlocal jewellery retail chain with a presence in the micro markets of Andhra Pradesh & Telangana with 13 showrooms (inclusive of two franchisee showrooms) across 8 towns and 2 cities. It caters to all economic segments of the micro markets of Andhra Pradesh and Telangana through its dedicated branded showrooms and has a strong rural market focus and a dedicated urban focus also. The company positioned itself as a retailer focussed on Relationships, by Design where it focuses on offering designs, high quality, transparency and customer service to its customers.

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