Timescan Logistics (India) (NSE:TIMESCAN) Debt-to-EBITDA : 0.45 (As of Sep. 2023)

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What is Timescan Logistics (India) Debt-to-EBITDA?

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

Timescan Logistics (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹19 Mil. Timescan Logistics (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0 Mil. Timescan Logistics (India)'s annualized EBITDA for the quarter that ended in Sep. 2023 was ₹42 Mil. Timescan Logistics (India)'s annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.45.

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 Timescan Logistics (India)'s Debt-to-EBITDA or its related term are showing as below:

NSE:TIMESCAN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.24 Med: 0.34 Max: 0.68
Current: 0.37

During the past 5 years, the highest Debt-to-EBITDA Ratio of Timescan Logistics (India) was 0.68. The lowest was 0.24. And the median was 0.34.

NSE:TIMESCAN's Debt-to-EBITDA is ranked better than
91.43% of 840 companies
in the Transportation industry
Industry Median: 2.83 vs NSE:TIMESCAN: 0.37

Timescan Logistics (India) Debt-to-EBITDA Historical Data

The historical data trend for Timescan Logistics (India)'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.

Timescan Logistics (India) Debt-to-EBITDA Chart

Timescan Logistics (India) Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

0.34

0.24

0.68

0.61

0.33

Timescan Logistics (India) Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial			-	0.71	1.29	0.33	0.45

Competitive Comparison of Timescan Logistics (India)'s Debt-to-EBITDA

For the Integrated Freight & Logistics subindustry, Timescan Logistics (India)'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.

Timescan Logistics (India)'s Debt-to-EBITDA Distribution in the Transportation Industry

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

* The bar in red indicates where Timescan Logistics (India)'s Debt-to-EBITDA falls into.

Timescan Logistics (India) Debt-to-EBITDA Calculation

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

Timescan Logistics (India)'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
	=	(20	+	0)	/	60.706
	=	0.33

Timescan Logistics (India)'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
	=	(19	+	0)	/	42.46
	=	0.45

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.

Timescan Logistics (India) (NSE:TIMESCAN) 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.

Timescan Logistics (India) Debt-to-EBITDA Related Terms

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

Timescan Logistics (India) (NSE:TIMESCAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Timescan Logistics (India) Ltd (NSE:TIMESCAN) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

18/3, Rukmani Lakshmipathy Road, (Marshalls Road), Rajah Annamalai Buildings, Annex 3rd Floor, Egmore, Chennai, TN, IND, 600 008

Website

http://www.timescan.in

Timescan Logistics (India) Ltd is a multimodal transport operator that offers logistics services involving land, air, and sea transportation and third-party logistics provider. The business provides a complete range of transport and freight-related services like freight forwarding, customs clearance, warehousing, transportation, multimodal transportation, project cargo, vessel charter and packaging.

Timescan Logistics (India) (NSE:TIMESCAN) Headlines

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