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TCFC Finance (BOM:532284) Debt-to-EBITDA : 0.00 (As of Sep. 2024)


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What is TCFC Finance Debt-to-EBITDA?

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

TCFC Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0.00 Mil. TCFC Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0.00 Mil. TCFC Finance's annualized EBITDA for the quarter that ended in Sep. 2024 was ₹48.00 Mil. TCFC Finance's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.00.

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 TCFC Finance's Debt-to-EBITDA or its related term are showing as below:

BOM:532284's Debt-to-EBITDA is not ranked *
in the Capital Markets industry.
Industry Median: 1.54
* Ranked among companies with meaningful Debt-to-EBITDA only.

TCFC Finance Debt-to-EBITDA Historical Data

The historical data trend for TCFC Finance'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.

TCFC Finance Debt-to-EBITDA Chart

TCFC Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
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TCFC Finance Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of TCFC Finance's Debt-to-EBITDA

For the Capital Markets subindustry, TCFC Finance'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.


TCFC Finance's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TCFC Finance's Debt-to-EBITDA distribution charts can be found below:

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



TCFC Finance Debt-to-EBITDA Calculation

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

TCFC Finance'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 + 0) / 162.111
=0.00

TCFC Finance'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
=(0 + 0) / 47.996
=0.00

* 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.


TCFC Finance  (BOM:532284) 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.


TCFC Finance Debt-to-EBITDA Related Terms

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


TCFC Finance Business Description

Traded in Other Exchanges
N/A
Address
Free Press Journal Marg, 501-502, Raheja Chambers, Nariman Point, Mumbai, MH, IND, 400021
TCFC Finance Ltd is an India-based non-banking financial company. The company is engaged in the business of finance and investments and trading in equity shares, mutual funds, and securities. The company generates revenue from interest and dividend income. It operates in a single business segment i.e. NBFC.

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