Indiabulls Enterprises (BOM:543715) Debt-to-EBITDA : -4.20 (As of Mar. 2024)

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What is Indiabulls Enterprises Debt-to-EBITDA?

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

Indiabulls Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,243.8 Mil. Indiabulls Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹269.7 Mil. Indiabulls Enterprises's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹-598.4 Mil. Indiabulls Enterprises's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -4.20.

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 Indiabulls Enterprises's Debt-to-EBITDA or its related term are showing as below:

BOM:543715' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -230.6 Med: 1.86 Max: 13.99
Current: -230.6

During the past 3 years, the highest Debt-to-EBITDA Ratio of Indiabulls Enterprises was 13.99. The lowest was -230.60. And the median was 1.86.

BOM:543715's Debt-to-EBITDA is ranked worse than
100% of 823 companies
in the Business Services industry
Industry Median: 1.92 vs BOM:543715: -230.60

Indiabulls Enterprises Debt-to-EBITDA Historical Data

The historical data trend for Indiabulls Enterprises'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.

Indiabulls Enterprises Debt-to-EBITDA Chart

Indiabulls Enterprises Annual Data

Trend

Mar22

Mar23

Mar24

Debt-to-EBITDA

13.99

1.86

-230.60

Indiabulls Enterprises Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial				-2.86	-	18.61	-	-4.20

Competitive Comparison of Indiabulls Enterprises's Debt-to-EBITDA

For the Rental & Leasing Services subindustry, Indiabulls Enterprises'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.

Indiabulls Enterprises's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Indiabulls Enterprises's Debt-to-EBITDA distribution charts can be found below:

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

Indiabulls Enterprises Debt-to-EBITDA Calculation

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

Indiabulls Enterprises'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
	=	(2243.8	+	269.7)	/	-10.9
	=	-230.60

Indiabulls Enterprises'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
	=	(2243.8	+	269.7)	/	-598.4
	=	-4.20

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.

Indiabulls Enterprises (BOM:543715) 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.

Indiabulls Enterprises Debt-to-EBITDA Related Terms

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

Indiabulls Enterprises (BOM:543715) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Indiabulls Enterprises Ltd (BOM:543715) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

IEL:India

Address

5th floor, Plot No. 108, IT Park, Udyog Vihar, Phase 1, Gurugram, HR, IND, 122016

Website

https://www.indiabullsenterprises.com

Indiabulls Enterprises Ltd is a construction and infrastructure equipment rental company. The company has two reportable segments which is as follows Equipment renting services and Management and maintenance services. The company's rentals include complete operation and maintenance expenses and an experienced operating crew, who work within the norms of safety, environment and quality.

Indiabulls Enterprises (BOM:543715) Headlines

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