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Rajkot Investment Trust (BOM:539495) Debt-to-EBITDA : 47.83 (As of Mar. 2024)


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What is Rajkot Investment Trust Debt-to-EBITDA?

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

Rajkot Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil. Rajkot Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹213.50 Mil. Rajkot Investment Trust's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹4.46 Mil. Rajkot Investment Trust's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 47.83.

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 Rajkot Investment Trust's Debt-to-EBITDA or its related term are showing as below:

BOM:539495' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.96   Med: 25.26   Max: 2156.57
Current: 2156.57

During the past 11 years, the highest Debt-to-EBITDA Ratio of Rajkot Investment Trust was 2156.57. The lowest was 1.96. And the median was 25.26.

BOM:539495's Debt-to-EBITDA is ranked worse than
99.62% of 260 companies
in the Credit Services industry
Industry Median: 8.23 vs BOM:539495: 2156.57

Rajkot Investment Trust Debt-to-EBITDA Historical Data

The historical data trend for Rajkot Investment Trust'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.

Rajkot Investment Trust Debt-to-EBITDA Chart

Rajkot Investment Trust 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 24.37 110.73 37.75 341.82 2,113.86

Rajkot Investment Trust 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 -85.46 - -27.19 - 47.83

Competitive Comparison of Rajkot Investment Trust's Debt-to-EBITDA

For the Credit Services subindustry, Rajkot Investment Trust'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.


Rajkot Investment Trust's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Rajkot Investment Trust's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Rajkot Investment Trust's Debt-to-EBITDA falls into.



Rajkot Investment Trust Debt-to-EBITDA Calculation

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

Rajkot Investment Trust'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
=(0 + 213.5) / 0.101
=2,113.86

Rajkot Investment Trust'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
=(0 + 213.5) / 4.464
=47.83

* 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.


Rajkot Investment Trust  (BOM:539495) 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.


Rajkot Investment Trust Debt-to-EBITDA Related Terms

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


Rajkot Investment Trust (BOM:539495) Business Description

Traded in Other Exchanges
N/A
Address
Ring Road, M-23, Super Tex Tower, Opposite Kinney Talkies, Surat, GJ, IND
Rajkot Investment Trust Ltd is engaged in the business of lending. The company derives its revenue from interest income.

Rajkot Investment Trust (BOM:539495) Headlines

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