Virtuoso OptoElectronics (BOM:543597) Debt-to-EBITDA : 2.34 (As of Mar. 2024)

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What is Virtuoso OptoElectronics Debt-to-EBITDA?

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

Virtuoso OptoElectronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹746 Mil. Virtuoso OptoElectronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹604 Mil. Virtuoso OptoElectronics's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹577 Mil. Virtuoso OptoElectronics's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.34.

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 Virtuoso OptoElectronics's Debt-to-EBITDA or its related term are showing as below:

BOM:543597' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.56 Med: 3.68 Max: 5.65
Current: 2.56

During the past 5 years, the highest Debt-to-EBITDA Ratio of Virtuoso OptoElectronics was 5.65. The lowest was 2.56. And the median was 3.68.

BOM:543597's Debt-to-EBITDA is ranked worse than
61.38% of 1735 companies
in the Hardware industry
Industry Median: 1.8 vs BOM:543597: 2.56

Virtuoso OptoElectronics Debt-to-EBITDA Historical Data

The historical data trend for Virtuoso OptoElectronics'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.

Virtuoso OptoElectronics Debt-to-EBITDA Chart

Virtuoso OptoElectronics Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

5.65

4.27

3.68

2.69

2.56

Virtuoso OptoElectronics Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	2.22	2.76	2.35	2.34

Competitive Comparison of Virtuoso OptoElectronics's Debt-to-EBITDA

For the Consumer Electronics subindustry, Virtuoso OptoElectronics'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.

Virtuoso OptoElectronics's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Virtuoso OptoElectronics's Debt-to-EBITDA distribution charts can be found below:

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

Virtuoso OptoElectronics Debt-to-EBITDA Calculation

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

Virtuoso OptoElectronics'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
	=	(745.609	+	604.105)	/	527.121
	=	2.56

Virtuoso OptoElectronics'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
	=	(745.609	+	604.105)	/	577.288
	=	2.34

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. 2024) EBITDA data.

Virtuoso OptoElectronics (BOM:543597) 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.

Virtuoso OptoElectronics Debt-to-EBITDA Related Terms

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

Virtuoso OptoElectronics (BOM:543597) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Virtuoso OptoElectronics Ltd (BOM:543597) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

Plot No. 7 M.I.D.C, Satpur, Nasik, MH, IND, 422007

Website

https://www.voepl.com

Virtuoso OptoElectronics Ltd is engaged in the manufacturing of consumer durable goods, assembles a wide array of products and provide end-to-end product solutions. The company's product portfolio of consumer goods includes Split Air Conditioners; Water Heaters; LED Lighting products; and other miscellaneous products such as injection moulding components for air conditioners.

Virtuoso OptoElectronics (BOM:543597) Headlines

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