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Photon Capital Advisors (BOM:509084) Debt-to-EBITDA : 0.06 (As of Mar. 2024)


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What is Photon Capital Advisors Debt-to-EBITDA?

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

Photon Capital Advisors's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.26 Mil. Photon Capital Advisors's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.29 Mil. Photon Capital Advisors's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹9.71 Mil. Photon Capital Advisors's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.06.

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 Photon Capital Advisors's Debt-to-EBITDA or its related term are showing as below:

BOM:509084' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.35   Med: -0.08   Max: 0.18
Current: 0.18

During the past 13 years, the highest Debt-to-EBITDA Ratio of Photon Capital Advisors was 0.18. The lowest was -0.35. And the median was -0.08.

BOM:509084's Debt-to-EBITDA is ranked better than
78.67% of 361 companies
in the Asset Management industry
Industry Median: 1.33 vs BOM:509084: 0.18

Photon Capital Advisors Debt-to-EBITDA Historical Data

The historical data trend for Photon Capital Advisors'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.

Photon Capital Advisors Debt-to-EBITDA Chart

Photon Capital Advisors 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 - - - - 0.18

Photon Capital Advisors Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 0.06

Competitive Comparison of Photon Capital Advisors's Debt-to-EBITDA

For the Asset Management subindustry, Photon Capital Advisors'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.


Photon Capital Advisors's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Photon Capital Advisors's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Photon Capital Advisors's Debt-to-EBITDA falls into.



Photon Capital Advisors Debt-to-EBITDA Calculation

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

Photon Capital Advisors'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
=(0.261 + 0.293) / 3.028
=0.18

Photon Capital Advisors's annualized Debt-to-EBITDA for the quarter 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
=(0.261 + 0.293) / 9.712
=0.06

* 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 (Mar. 2024) EBITDA data.


Photon Capital Advisors  (BOM:509084) 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.


Photon Capital Advisors Debt-to-EBITDA Related Terms

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


Photon Capital Advisors (BOM:509084) Business Description

Traded in Other Exchanges
N/A
Address
Road No. 9, Jubilee Hills, Plot No. 90-A, Hyderabad, TG, IND, 500 033
Photon Capital Advisors Ltd is an adviser to hedge funds, family offices, high net worth individuals and investment partnerships that invest in India. It aims to generate superior returns by guiding investments across asset classes including equities, equity derivatives, index derivatives, debt, commodities, and real estate. The company also manage proprietary funds which are presently closed to external investors. The company generates maximum revenue from the sale of Investments.

Photon Capital Advisors (BOM:509084) Headlines

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