Innokaiz India (BOM:543905) Debt-to-EBITDA : 13.38 (As of Mar. 2024)

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What is Innokaiz India Debt-to-EBITDA?

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

Innokaiz India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹31.8 Mil. Innokaiz India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹155.1 Mil. Innokaiz India's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹14.0 Mil. Innokaiz India's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 13.38.

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 Innokaiz India's Debt-to-EBITDA or its related term are showing as below:

BOM:543905' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.05 Med: 0.15 Max: 4.34
Current: 4.34

During the past 5 years, the highest Debt-to-EBITDA Ratio of Innokaiz India was 4.34. The lowest was 0.05. And the median was 0.15.

BOM:543905's Debt-to-EBITDA is ranked worse than
76.1% of 820 companies
in the Business Services industry
Industry Median: 1.825 vs BOM:543905: 4.34

Innokaiz India Debt-to-EBITDA Historical Data

The historical data trend for Innokaiz India'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.

Innokaiz India Debt-to-EBITDA Chart

Innokaiz India Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

0.22

0.15

0.12

0.05

4.34

Innokaiz India Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	-	0.06	1.86	13.38

Competitive Comparison of Innokaiz India's Debt-to-EBITDA

For the Specialty Business Services subindustry, Innokaiz India'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.

Innokaiz India's Debt-to-EBITDA Distribution in the Business Services Industry

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

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

Innokaiz India Debt-to-EBITDA Calculation

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

Innokaiz India'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
	=	(31.844	+	155.097)	/	43.083
	=	4.34

Innokaiz India'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
	=	(31.844	+	155.097)	/	13.976
	=	13.38

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.

Innokaiz India (BOM:543905) 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.

Innokaiz India Debt-to-EBITDA Related Terms

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

Innokaiz India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Innokaiz India Ltd (BOM:543905) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Josier Street, Flat No. 1, 4th Floor, Door No. 43, New No. 43, Old No. 22, Real Enclave, Nungambakkam, Chennai, TN, IND, 600034

Website

https://www.innokaizindia.com

Innokaiz India Ltd is a corporate services and solutions provider. The company offers a comprehensive range of services covering advertising and marketing solutions including digital marketing, corporate travel arrangements, gifting solutions, event management, etc. It is also involved in the trading of electronic goods. Geographically, the company operates only in India.

Innokaiz India Headlines

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