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Jaykay Enterprises (BOM:500306) Debt-to-EBITDA : 2.57 (As of Sep. 2024)


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What is Jaykay Enterprises Debt-to-EBITDA?

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

Jaykay Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹348.1 Mil. Jaykay Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹66.9 Mil. Jaykay Enterprises's annualized EBITDA for the quarter that ended in Sep. 2024 was ₹161.4 Mil. Jaykay Enterprises's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 2.57.

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 Jaykay Enterprises's Debt-to-EBITDA or its related term are showing as below:

BOM:500306' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.32   Med: 1.91   Max: 3.63
Current: 1.84

During the past 13 years, the highest Debt-to-EBITDA Ratio of Jaykay Enterprises was 3.63. The lowest was 0.32. And the median was 1.91.

BOM:500306's Debt-to-EBITDA is ranked worse than
50.24% of 820 companies
in the Business Services industry
Industry Median: 1.825 vs BOM:500306: 1.84

Jaykay Enterprises Debt-to-EBITDA Historical Data

The historical data trend for Jaykay Enterprises'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.

Jaykay Enterprises Debt-to-EBITDA Chart

Jaykay Enterprises Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.32 1.91 3.63

Jaykay Enterprises Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.21 - 2.10 - 2.57

Competitive Comparison of Jaykay Enterprises's Debt-to-EBITDA

For the Specialty Business Services subindustry, Jaykay Enterprises'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.


Jaykay Enterprises's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Jaykay Enterprises's Debt-to-EBITDA distribution charts can be found below:

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



Jaykay Enterprises Debt-to-EBITDA Calculation

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

Jaykay Enterprises'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
=(230.558 + 400.501) / 173.856
=3.63

Jaykay Enterprises's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(348.131 + 66.938) / 161.396
=2.57

* 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 (Sep. 2024) EBITDA data.


Jaykay Enterprises  (BOM:500306) 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.


Jaykay Enterprises Debt-to-EBITDA Related Terms

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


Jaykay Enterprises Business Description

Traded in Other Exchanges
N/A
Address
Kamla Tower, Kanpur, UP, IND, 208001
Jaykay Enterprises Ltd is involved in various business operations in the area of 3D Printing and technology. The company has diversified itself into additive manufacturing systems, proto-typing, powder metallurgy, large-scale digital manufacturing, reverse engineering, and plant modeling, in the area of defense and aerospace. The company is also engaged in engineering products across various industry verticals, software designing and development, and manufacturing of parts and accessories used in the defense and aerospace sectors. Its reportable segments are; Defence and Aerospace, and Digital Manufacturing and Advance Systems. The majority of its revenue is derived from the Digital Manufacturing and Advance Systems segment.

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