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Sunraj Diamond Exports (BOM:523425) Debt-to-EBITDA : -5.78 (As of Mar. 2024)


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What is Sunraj Diamond Exports Debt-to-EBITDA?

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

Sunraj Diamond Exports's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹164.00 Mil. Sunraj Diamond Exports's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Sunraj Diamond Exports's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹-28.38 Mil. Sunraj Diamond Exports's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -5.78.

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 Sunraj Diamond Exports's Debt-to-EBITDA or its related term are showing as below:

BOM:523425' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -38.25   Med: -12.43   Max: 44.76
Current: -38.25

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sunraj Diamond Exports was 44.76. The lowest was -38.25. And the median was -12.43.

BOM:523425's Debt-to-EBITDA is ranked worse than
100% of 842 companies
in the Retail - Cyclical industry
Industry Median: 2.615 vs BOM:523425: -38.25

Sunraj Diamond Exports Debt-to-EBITDA Historical Data

The historical data trend for Sunraj Diamond Exports'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.

Sunraj Diamond Exports Debt-to-EBITDA Chart

Sunraj Diamond Exports 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 -16.35 -8.51 36.03 44.76 -38.25

Sunraj Diamond Exports Quarterly Data
Mar17 Mar18 Mar19 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 -9.78 - 339.62 - -5.78

Competitive Comparison of Sunraj Diamond Exports's Debt-to-EBITDA

For the Luxury Goods subindustry, Sunraj Diamond Exports'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.


Sunraj Diamond Exports's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sunraj Diamond Exports's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sunraj Diamond Exports's Debt-to-EBITDA falls into.



Sunraj Diamond Exports Debt-to-EBITDA Calculation

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

Sunraj Diamond Exports'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
=(163.996 + 0) / -4.288
=-38.25

Sunraj Diamond Exports'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
=(163.996 + 0) / -28.384
=-5.78

* 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.


Sunraj Diamond Exports  (BOM:523425) 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.


Sunraj Diamond Exports Debt-to-EBITDA Related Terms

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


Sunraj Diamond Exports (BOM:523425) Business Description

Traded in Other Exchanges
N/A
Address
Plot CS 1487, Tata Road, 616, Prasad Chambers, 6th Floor, 2, Roxy Cinema, Opera House, Girgaon, Mumbai, MH, IND, 400004
Sunraj Diamond Exports Ltd is engaged in the business of manufacturing, trading, and exporting of Gold jewellery, cut, and polished diamond and silver items.

Sunraj Diamond Exports (BOM:523425) Headlines

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