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AXISCADES Technologies (BOM:532395) Debt-to-EBITDA : 1.71 (As of Sep. 2024)


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What is AXISCADES Technologies Debt-to-EBITDA?

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

AXISCADES Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹1,424 Mil. AXISCADES Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹1,130 Mil. AXISCADES Technologies's annualized EBITDA for the quarter that ended in Sep. 2024 was ₹1,490 Mil. AXISCADES Technologies's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 1.71.

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 AXISCADES Technologies's Debt-to-EBITDA or its related term are showing as below:

BOM:532395' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.65   Med: 2.1   Max: 6.11
Current: 1.77

During the past 13 years, the highest Debt-to-EBITDA Ratio of AXISCADES Technologies was 6.11. The lowest was 0.65. And the median was 2.10.

BOM:532395's Debt-to-EBITDA is ranked better than
57.46% of 1354 companies
in the Construction industry
Industry Median: 2.315 vs BOM:532395: 1.77

AXISCADES Technologies Debt-to-EBITDA Historical Data

The historical data trend for AXISCADES Technologies'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.

AXISCADES Technologies Debt-to-EBITDA Chart

AXISCADES Technologies 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 1.90 3.36 0.93 4.33 2.29

AXISCADES Technologies 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 2.86 - 2.35 - 1.71

Competitive Comparison of AXISCADES Technologies's Debt-to-EBITDA

For the Engineering & Construction subindustry, AXISCADES Technologies'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.


AXISCADES Technologies's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, AXISCADES Technologies's Debt-to-EBITDA distribution charts can be found below:

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



AXISCADES Technologies Debt-to-EBITDA Calculation

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

AXISCADES Technologies'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
=(1487.352 + 1701.87) / 1391.053
=2.29

AXISCADES Technologies'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
=(1423.854 + 1130.081) / 1490.232
=1.71

* 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.


AXISCADES Technologies  (BOM:532395) 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.


AXISCADES Technologies Debt-to-EBITDA Related Terms

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


AXISCADES Technologies Business Description

Traded in Other Exchanges
Address
Kirloskar Business Park, Block C, Second Floor, Hebbal, Bengaluru, KA, IND, 560 024
AXISCADES Technologies Ltd is engaged in the business of Engineering Design Services. The company's operating segment includes Technology Services and Solutions and Strategic technology solutions. It generates maximum revenue from the Technology Services and Solutions segment. The Technology Services and Solutions is involved in providing Product Design, Engineering, research and development services. Geographically, it derives a majority of its revenue from Outside India. It serves aerospace; automotive; off-highway and industrial; defence; energy and medical devices industries.

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