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Siti Networks (BOM:532795) Debt-to-EBITDA : 20.90 (As of Sep. 2023)


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What is Siti Networks Debt-to-EBITDA?

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

Siti Networks's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹7,702 Mil. Siti Networks's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹138 Mil. Siti Networks's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹375 Mil. Siti Networks's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 20.90.

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 Siti Networks's Debt-to-EBITDA or its related term are showing as below:

BOM:532795' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.2   Med: 5.15   Max: 10.23
Current: 9.22

During the past 13 years, the highest Debt-to-EBITDA Ratio of Siti Networks was 10.23. The lowest was 2.20. And the median was 5.15.

BOM:532795's Debt-to-EBITDA is ranked worse than
89.56% of 680 companies
in the Media - Diversified industry
Industry Median: 1.69 vs BOM:532795: 9.22

Siti Networks Debt-to-EBITDA Historical Data

The historical data trend for Siti Networks'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.

Siti Networks Debt-to-EBITDA Chart

Siti Networks Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.12 4.34 4.45 5.22 6.36

Siti Networks Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 5.87 - 6.21 - 20.90

Competitive Comparison of Siti Networks's Debt-to-EBITDA

For the Entertainment subindustry, Siti Networks'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.


Siti Networks's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Siti Networks's Debt-to-EBITDA distribution charts can be found below:

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



Siti Networks Debt-to-EBITDA Calculation

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

Siti Networks's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(9049.01 + 142.76) / 1445.12
=6.36

Siti Networks's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(7702.12 + 138.02) / 375.16
=20.90

* 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. 2023) EBITDA data.


Siti Networks  (BOM:532795) 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.


Siti Networks Debt-to-EBITDA Related Terms

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


Siti Networks (BOM:532795) Business Description

Traded in Other Exchanges
Address
Film City - Plot No. 19 and 20, Sector -16A, Upper Ground Floor, Film City, Noida, UP, IND, 201 301
Siti Networks Ltd is an Indian-based multi-system cable operator. It is engaged in providing cable television network services, internet services, and allied services. Its products includes High-Speed Broadband, Digital Television, Broadband, Local Television Channels, and Electronic Programming. The company also provides a wide gamut of services ranging from OTT and High-speed gaming ready services to IoT Ready Network with security camera and surveillance services to even business solutions in the ILP & ILL domains. The company operates in a single business segment of cable distribution and earns revenue from the same.

Siti Networks (BOM:532795) Headlines

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