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MITCON Consultancy & Engineering Services (NSE:MITCON) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is MITCON Consultancy & Engineering Services Debt-to-EBITDA?

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

MITCON Consultancy & Engineering Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. MITCON Consultancy & Engineering Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. MITCON Consultancy & Engineering Services's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹269 Mil. MITCON Consultancy & Engineering Services'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 MITCON Consultancy & Engineering Services's Debt-to-EBITDA or its related term are showing as below:

NSE:MITCON' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.68   Med: 6.38   Max: 9.8
Current: 4.68

During the past 11 years, the highest Debt-to-EBITDA Ratio of MITCON Consultancy & Engineering Services was 9.80. The lowest was 4.68. And the median was 6.38.

NSE:MITCON's Debt-to-EBITDA is ranked worse than
70.69% of 1310 companies
in the Construction industry
Industry Median: 2.305 vs NSE:MITCON: 4.68

MITCON Consultancy & Engineering Services Debt-to-EBITDA Historical Data

The historical data trend for MITCON Consultancy & Engineering Services'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.

MITCON Consultancy & Engineering Services Debt-to-EBITDA Chart

MITCON Consultancy & Engineering Services 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 9.80 4.77 6.97 4.77 6.38

MITCON Consultancy & Engineering Services Quarterly Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 - 5.92 - 4.15 -

Competitive Comparison of MITCON Consultancy & Engineering Services's Debt-to-EBITDA

For the Engineering & Construction subindustry, MITCON Consultancy & Engineering Services'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.


MITCON Consultancy & Engineering Services's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, MITCON Consultancy & Engineering Services's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where MITCON Consultancy & Engineering Services's Debt-to-EBITDA falls into.



MITCON Consultancy & Engineering Services Debt-to-EBITDA Calculation

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

MITCON Consultancy & Engineering Services'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
=(162.178 + 984.712) / 179.691
=6.38

MITCON Consultancy & Engineering Services's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 268.916
=0.00

* 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.


MITCON Consultancy & Engineering Services  (NSE:MITCON) 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.


MITCON Consultancy & Engineering Services Debt-to-EBITDA Related Terms

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


MITCON Consultancy & Engineering Services (NSE:MITCON) Business Description

Traded in Other Exchanges
N/A
Address
Kubera Chambers, First Floor, Shivajinagar, Pune, MH, IND, 411005
MITCON Consultancy & Engineering Services Ltd is a consultancy company. The company's operating segments include Consultancy and Training, Project Services, and Wind Power Generation. It generates maximum revenue from the Consultancy and Training segment. The company serves various sectors such as Solar Energy, Infrastructure, Power and Energy Conservation, Environment Management and Engineering division, Banking and Financial Solution division, Industrial Infrastructure, and others.

MITCON Consultancy & Engineering Services (NSE:MITCON) Headlines

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