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Vasudhagama Enterprises (BOM:539291) Debt-to-EBITDA : 0.33 (As of Mar. 2024)


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What is Vasudhagama Enterprises Debt-to-EBITDA?

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

Vasudhagama Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹12.2 Mil. Vasudhagama Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Vasudhagama Enterprises's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹36.4 Mil. Vasudhagama Enterprises's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.33.

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 Vasudhagama Enterprises's Debt-to-EBITDA or its related term are showing as below:

BOM:539291' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.62   Med: 0.51   Max: 1.39
Current: 0.51

During the past 10 years, the highest Debt-to-EBITDA Ratio of Vasudhagama Enterprises was 1.39. The lowest was -7.62. And the median was 0.51.

BOM:539291's Debt-to-EBITDA is ranked better than
84.46% of 251 companies
in the Retail - Defensive industry
Industry Median: 2.55 vs BOM:539291: 0.51

Vasudhagama Enterprises Debt-to-EBITDA Historical Data

The historical data trend for Vasudhagama Enterprises'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.

Vasudhagama Enterprises Debt-to-EBITDA Chart

Vasudhagama Enterprises 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 - - 1.39 N/A 0.51

Vasudhagama Enterprises Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 N/A - 0.10 - 0.33

Competitive Comparison of Vasudhagama Enterprises's Debt-to-EBITDA

For the Food Distribution subindustry, Vasudhagama Enterprises'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.


Vasudhagama Enterprises's Debt-to-EBITDA Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Vasudhagama Enterprises's Debt-to-EBITDA distribution charts can be found below:

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



Vasudhagama Enterprises Debt-to-EBITDA Calculation

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

Vasudhagama Enterprises'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
=(12.158 + 0) / 23.954
=0.51

Vasudhagama Enterprises's annualized Debt-to-EBITDA for the quarter 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
=(12.158 + 0) / 36.44
=0.33

* 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 (Mar. 2024) EBITDA data.


Vasudhagama Enterprises  (BOM:539291) 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.


Vasudhagama Enterprises Debt-to-EBITDA Related Terms

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


Vasudhagama Enterprises (BOM:539291) Business Description

Traded in Other Exchanges
N/A
Address
G-04, Newyork Corner, S. G. Highway, Bodakdev, Building, Behind Kiran Motors, Ahmedabad, GJ, IND, 380054
Vasudhagama Enterprises Ltd formerly Ozone World Ltd is engaged in the wholesale trading of agricultural raw materials. Also, it is involved in the real estate business through investment in the partnership firm. The Company is engaged in the business of trading of commodities / goods and in real estate business. The company has carried out the trading activity of cumin seeds, and other commodities like psyllium, cotton, spices, and oilseeds.

Vasudhagama Enterprises (BOM:539291) Headlines

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