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Max Alert Systems (BOM:534563) Debt-to-EBITDA : -20.86 (As of Sep. 2023)


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What is Max Alert Systems Debt-to-EBITDA?

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

Max Alert Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.00 Mil. Max Alert Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹18.82 Mil. Max Alert Systems's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹-0.90 Mil. Max Alert Systems's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -20.86.

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 Max Alert Systems's Debt-to-EBITDA or its related term are showing as below:

BOM:534563' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.81   Med: 4.04   Max: 8
Current: -6.81

During the past 12 years, the highest Debt-to-EBITDA Ratio of Max Alert Systems was 8.00. The lowest was -6.81. And the median was 4.04.

BOM:534563's Debt-to-EBITDA is ranked worse than
100% of 314 companies
in the Building Materials industry
Industry Median: 2.155 vs BOM:534563: -6.81

Max Alert Systems Debt-to-EBITDA Historical Data

The historical data trend for Max Alert Systems'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.

Max Alert Systems Debt-to-EBITDA Chart

Max Alert Systems Annual Data
Trend Mar13 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.04 4.96 -1.91 -0.10 -6.28

Max Alert Systems Semi-Annual Data
Sep13 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 -0.40 -0.06 -13.77 -4.07 -20.86

Competitive Comparison of Max Alert Systems's Debt-to-EBITDA

For the Building Materials subindustry, Max Alert Systems'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.


Max Alert Systems's Debt-to-EBITDA Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Max Alert Systems's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Max Alert Systems's Debt-to-EBITDA falls into.



Max Alert Systems Debt-to-EBITDA Calculation

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

Max Alert Systems'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
=(0 + 18.814) / -2.996
=-6.28

Max Alert Systems'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
=(0 + 18.815) / -0.902
=-20.86

* 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 two times the quarterly (Sep. 2023) EBITDA data.


Max Alert Systems  (BOM:534563) 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.


Max Alert Systems Debt-to-EBITDA Related Terms

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


Max Alert Systems (BOM:534563) Business Description

Traded in Other Exchanges
N/A
Address
Makwana Road, 502, 5th Floor,Timmy Arcade, Marol, Andheri (East), Mumbai, MH, IND, 400059
Max Alert Systems Ltd is engaged in the business of stone crushing and mining activities in India. The company also provides cement and downstream products, namely, pavers, Hollow Bricks in vertically integrated structured markets. Company is operating in two segments Mining and Stone Crushing, Telecom Tower Installation.

Max Alert Systems (BOM:534563) Headlines

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