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Quicktouch Technologies (NSE:QUICKTOUCH) Debt-to-EBITDA : 0.19 (As of Mar. 2023)


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What is Quicktouch Technologies Debt-to-EBITDA?

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

Quicktouch Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹9.7 Mil. Quicktouch Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹11.6 Mil. Quicktouch Technologies's annualized EBITDA for the quarter that ended in Mar. 2023 was ₹113.5 Mil. Quicktouch Technologies's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 0.19.

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

NSE:QUICKTOUCH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.15   Med: 0.5   Max: 1.21
Current: 0.19

During the past 6 years, the highest Debt-to-EBITDA Ratio of Quicktouch Technologies was 1.21. The lowest was 0.15. And the median was 0.50.

NSE:QUICKTOUCH's Debt-to-EBITDA is ranked better than
80.85% of 1608 companies
in the Software industry
Industry Median: 1.06 vs NSE:QUICKTOUCH: 0.19

Quicktouch Technologies Debt-to-EBITDA Historical Data

The historical data trend for Quicktouch 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.

Quicktouch Technologies Debt-to-EBITDA Chart

Quicktouch Technologies Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial - 1.21 0.81 0.15 0.19

Quicktouch Technologies Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA Get a 7-Day Free Trial - 1.21 0.81 0.15 0.19

Competitive Comparison of Quicktouch Technologies's Debt-to-EBITDA

For the Information Technology Services subindustry, Quicktouch 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.


Quicktouch Technologies's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Quicktouch Technologies's Debt-to-EBITDA distribution charts can be found below:

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



Quicktouch Technologies Debt-to-EBITDA Calculation

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

Quicktouch 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
=(9.665 + 11.633) / 113.547
=0.19

Quicktouch Technologies'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
=(9.665 + 11.633) / 113.547
=0.19

* 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 one times the quarterly (Mar. 2023) EBITDA data.


Quicktouch Technologies  (NSE:QUICKTOUCH) 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.


Quicktouch Technologies Debt-to-EBITDA Related Terms

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


Quicktouch Technologies (NSE:QUICKTOUCH) Business Description

Traded in Other Exchanges
N/A
Address
Netaji Subhash Place, Office No. 203, 2nd Floor, D-Mall, Pitampura, Delhi, IND, 110034
Quicktouch Technologies Ltd is an information technology company. The company is in the business of Software IT solutions and Consulting Services, IT Product/Software Development and Software Commercial Training, and Web designing. The company offers Experience Designing, Software Engineering, Content Engineering, Digital Accelerators, Data & Analytics, Data Management & Cloud Adoption.

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