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F Mec International Financial Services (BOM:539552) Debt-to-EBITDA : 2.97 (As of Sep. 2024)


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What is F Mec International Financial Services Debt-to-EBITDA?

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

F Mec International Financial Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0.00 Mil. F Mec International Financial Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹89.62 Mil. F Mec International Financial Services's annualized EBITDA for the quarter that ended in Sep. 2024 was ₹30.15 Mil. F Mec International Financial Services's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 2.97.

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 F Mec International Financial Services's Debt-to-EBITDA or its related term are showing as below:

BOM:539552' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.31   Med: 6.06   Max: 221.16
Current: 4.7

During the past 10 years, the highest Debt-to-EBITDA Ratio of F Mec International Financial Services was 221.16. The lowest was 0.31. And the median was 6.06.

BOM:539552's Debt-to-EBITDA is ranked better than
61.23% of 276 companies
in the Credit Services industry
Industry Median: 7.965 vs BOM:539552: 4.70

F Mec International Financial Services Debt-to-EBITDA Historical Data

The historical data trend for F Mec International Financial Services'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.

F Mec International Financial Services Debt-to-EBITDA Chart

F Mec International Financial Services 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 12.36 6.74 5.39 4.53 1.98

F Mec International Financial Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.73 - 2.72 - 2.97

Competitive Comparison of F Mec International Financial Services's Debt-to-EBITDA

For the Credit Services subindustry, F Mec International Financial Services'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.


F Mec International Financial Services's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, F Mec International Financial Services's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where F Mec International Financial Services's Debt-to-EBITDA falls into.



F Mec International Financial Services Debt-to-EBITDA Calculation

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

F Mec International Financial Services'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 + 21.019) / 10.626
=1.98

F Mec International Financial Services's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 89.615) / 30.152
=2.97

* 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. 2024) EBITDA data.


F Mec International Financial Services  (BOM:539552) 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.


F Mec International Financial Services Debt-to-EBITDA Related Terms

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


F Mec International Financial Services Business Description

Traded in Other Exchanges
N/A
Address
15 K.G. Marg, 908, 9th Floor, Mercantile House, Delhi, IND, 110001
F Mec International Financial Services Ltd operates as a non-banking financial company. It provides financing solutions to corporates, real estate lending, and loans to Micro, Small, and Medium Enterprise (MSME) borrowers. It operates in a single segment being Financing and Consultancy. The majority of the revenue is derived from interest income.

F Mec International Financial Services Headlines

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