KPIT Technologies (BOM:542651) Debt-to-EBITDA : 0.28 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is KPIT Technologies Debt-to-EBITDA?

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

KPIT Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,119 Mil. KPIT Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,168 Mil. KPIT Technologies's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹11,559 Mil. KPIT Technologies's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.28.

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 KPIT Technologies's Debt-to-EBITDA or its related term are showing as below:

BOM:542651' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.31 Med: 0.57 Max: 1.42
Current: 0.31

During the past 7 years, the highest Debt-to-EBITDA Ratio of KPIT Technologies was 1.42. The lowest was 0.31. And the median was 0.57.

BOM:542651's Debt-to-EBITDA is ranked better than
73.14% of 1616 companies
in the Software industry
Industry Median: 1.005 vs BOM:542651: 0.31

KPIT Technologies Debt-to-EBITDA Historical Data

The historical data trend for KPIT Technologies'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.

KPIT Technologies Debt-to-EBITDA Chart

KPIT Technologies Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

Get a 7-Day Free Trial

0.67

0.70

0.47

0.42

0.31

KPIT Technologies 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															0.38	-	0.38	-	0.28

Competitive Comparison of KPIT Technologies's Debt-to-EBITDA

For the Information Technology Services subindustry, KPIT Technologies'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.

KPIT Technologies's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, KPIT Technologies's Debt-to-EBITDA distribution charts can be found below:

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

KPIT Technologies Debt-to-EBITDA Calculation

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

KPIT Technologies'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
	=	(1119.45	+	2168.07)	/	10510.57
	=	0.31

KPIT Technologies'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
	=	(1119.45	+	2168.07)	/	11558.88
	=	0.28

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.

KPIT Technologies (BOM:542651) 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.

KPIT Technologies Debt-to-EBITDA Related Terms

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

KPIT Technologies (BOM:542651) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » KPIT Technologies Ltd (BOM:542651) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

KPITTECH:India

Address

Plot No. 17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase-Ill, Maan, Taluka- Mulshi, Hinjawadi, Pune, MH, IND, 411057

Website

https://www.kpit.com

KPIT Technologies Ltd is a global technology company specializing in providing IT Consulting and Product Engineering solutions and services to Automotive, Manufacturing, Energy, and Utilities companies. The Company derives revenues primarily from providing engineering services which includes design engineering services, embedded software development with its related services and from the sale of licenses and products. Geographically, it derives a majority of revenue from the Americas.

KPIT Technologies (BOM:542651) Headlines

No Headlines