Jay Jalaram Technologies (NSE:KORE) Debt-to-EBITDA : 5.55 (As of Sep. 2023)

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What is Jay Jalaram Technologies Debt-to-EBITDA?

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

Jay Jalaram Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹161 Mil. Jay Jalaram Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹122 Mil. Jay Jalaram Technologies's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹51 Mil. Jay Jalaram Technologies's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 5.55.

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 Jay Jalaram Technologies's Debt-to-EBITDA or its related term are showing as below:

NSE:KORE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.57 Med: 3.66 Max: 8.1
Current: 5.06

During the past 5 years, the highest Debt-to-EBITDA Ratio of Jay Jalaram Technologies was 8.10. The lowest was 2.57. And the median was 3.66.

NSE:KORE's Debt-to-EBITDA is ranked worse than
74.17% of 840 companies
in the Retail - Cyclical industry
Industry Median: 2.635 vs NSE:KORE: 5.06

Jay Jalaram Technologies Debt-to-EBITDA Historical Data

The historical data trend for Jay Jalaram Technologies'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.

Jay Jalaram Technologies Debt-to-EBITDA Chart

Jay Jalaram Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

2.57

8.10

4.07

3.66

3.55

Jay Jalaram Technologies Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial			-	4.51	2.01	3.25	5.55

Competitive Comparison of Jay Jalaram Technologies's Debt-to-EBITDA

For the Internet Retail subindustry, Jay Jalaram Technologies'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.

Jay Jalaram Technologies's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jay Jalaram Technologies's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Jay Jalaram Technologies's Debt-to-EBITDA falls into.

Jay Jalaram Technologies Debt-to-EBITDA Calculation

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

Jay Jalaram Technologies'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
	=	(96.588	+	101.266)	/	55.805
	=	3.55

Jay Jalaram Technologies'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
	=	(161.226	+	121.743)	/	50.974
	=	5.55

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.

Jay Jalaram Technologies (NSE:KORE) 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.

Jay Jalaram Technologies Debt-to-EBITDA Related Terms

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

Jay Jalaram Technologies (NSE:KORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jay Jalaram Technologies Ltd (NSE:KORE) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shilp Char Rasta, C. G. Road, Office No.103, Shail Mall, B/H. Girish Cold Drink, Navrangpura, Ahmedabad, GJ, IND, 380009

Website

https://www.koremobiles.com

Jay Jalaram Technologies Ltd is engaged in multi-brand retail selling of smartphones and allied accessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, and Xiaomi. It is also engaged in multi-brand retail selling of consumer durable electronics goods like Smart TVs, Air Conditioners, Fridges, Coolers, etc. from brands like TCL, Haier, Daikin, Voltas, Mi, Realme, OnePlus, Xiaomi, and Skytron. The company operates under the brand name Kore Mobile. The company operates in two segments; Electronic Gadgets and Electric Vehicles. The Majority of revenue is derived from the Trading of the Electronic Gadgets Segment.