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TTI Enterprise (BOM:538597) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is TTI Enterprise Debt-to-EBITDA?

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

TTI Enterprise's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. TTI Enterprise's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. TTI Enterprise's annualized EBITDA for the quarter that ended in Dec. 2023 was ₹24.76 Mil. TTI Enterprise's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 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 TTI Enterprise's Debt-to-EBITDA or its related term are showing as below:

BOM:538597's Debt-to-EBITDA is not ranked *
in the Capital Markets industry.
Industry Median: 1.56
* Ranked among companies with meaningful Debt-to-EBITDA only.

TTI Enterprise Debt-to-EBITDA Historical Data

The historical data trend for TTI Enterprise'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.

TTI Enterprise Debt-to-EBITDA Chart

TTI Enterprise Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
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TTI Enterprise Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of TTI Enterprise's Debt-to-EBITDA

For the Capital Markets subindustry, TTI Enterprise'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.


TTI Enterprise's Debt-to-EBITDA Distribution in the Capital Markets Industry

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

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



TTI Enterprise Debt-to-EBITDA Calculation

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

TTI Enterprise'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 + 0) / -0.414
=0.00

TTI Enterprise's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 24.756
=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 (Dec. 2023) EBITDA data.


TTI Enterprise  (BOM:538597) 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.


TTI Enterprise Debt-to-EBITDA Related Terms

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


TTI Enterprise (BOM:538597) Business Description

Traded in Other Exchanges
N/A
Address
4 Synagogue Street, Office No. 822, 8th Floor, Kolkata, WB, IND, 700001
TTI Enterprise Ltd is an India-based non-banking financial company. The company is engaged in the core business of trading and investing in shares and units of Mutual Funds and providing Loans. It provides finance on both short-term and long-term basis.

TTI Enterprise (BOM:538597) Headlines

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