Milestone Furniture (BOM:541337) Debt-to-EBITDA : 0.06 (As of Mar. 2023)

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What is Milestone Furniture Debt-to-EBITDA?

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

Milestone Furniture's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹0.00 Mil. Milestone Furniture's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹2.77 Mil. Milestone Furniture's annualized EBITDA for the quarter that ended in Mar. 2023 was ₹50.12 Mil. Milestone Furniture's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 0.06.

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 Milestone Furniture's Debt-to-EBITDA or its related term are showing as below:

BOM:541337' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -18.47 Med: 0.85 Max: 10.18
Current: -18.47

During the past 10 years, the highest Debt-to-EBITDA Ratio of Milestone Furniture was 10.18. The lowest was -18.47. And the median was 0.85.

BOM:541337's Debt-to-EBITDA is ranked worse than
100% of 338 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.955 vs BOM:541337: -18.47

Milestone Furniture Debt-to-EBITDA Historical Data

The historical data trend for Milestone Furniture'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.

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Milestone Furniture Debt-to-EBITDA Chart

Milestone Furniture Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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0.65

0.66

-0.17

-0.20

-18.47

Milestone Furniture Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Debt-to-EBITDA	Get a 7-Day Free Trial										-1.09	-1.51	-0.11	-0.06	0.06

Competitive Comparison of Milestone Furniture's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Milestone Furniture'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.

Milestone Furniture's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Milestone Furniture's Debt-to-EBITDA distribution charts can be found below:

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

Milestone Furniture Debt-to-EBITDA Calculation

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

Milestone Furniture'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	+	2.771)	/	-0.15
	=	-18.47

Milestone Furniture's annualized Debt-to-EBITDA for the quarter 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	+	2.771)	/	50.116
	=	0.06

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 (Mar. 2023) EBITDA data.

Milestone Furniture (BOM:541337) 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.

Milestone Furniture Debt-to-EBITDA Related Terms

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

Milestone Furniture (BOM:541337) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Milestone Furniture Ltd (BOM:541337) » Definitions » Debt-to-EBITDA

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Traded in Other Exchanges

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Address

Wada Manor Road, Survey No.147, House No. 271/1, Met Village, Opposite HP Petrol Pump, Palghar, Thane, MH, IND, 421312

Website

http://www.milestonefurniture.in

Milestone Furniture Ltd is engaged in the field of the household furniture business. It manufactures home and office furniture and is also involved in home and office design. The product portfolio includes basic plastic chair/ plastic storage solution/ Dining Tables into all segments like bedroom, dining, living room, essentials and mattresses which are needed at different points during their aspirational home building journey. The company has also spread its product portfolio to serve the institutional segment especially in segments like office seating, desking, and storage solutions. The product assortment covers both the large institutions and small office/home office's needs.

Milestone Furniture (BOM:541337) Headlines

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