VL E-Governance & IT Solutions (BOM:543958) Debt-to-EBITDA : -0.08 (As of Mar. 2024)

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What is VL E-Governance & IT Solutions Debt-to-EBITDA?

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

VL E-Governance & IT Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹510.9 Mil. VL E-Governance & IT Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. VL E-Governance & IT Solutions's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹-6,538.9 Mil. VL E-Governance & IT Solutions's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.08.

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 VL E-Governance & IT Solutions's Debt-to-EBITDA or its related term are showing as below:

BOM:543958' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.31 Med: -0.3 Max: -0.3
Current: -0.31

During the past 2 years, the highest Debt-to-EBITDA Ratio of VL E-Governance & IT Solutions was -0.30. The lowest was -0.31. And the median was -0.30.

BOM:543958's Debt-to-EBITDA is ranked worse than
100% of 838 companies
in the Transportation industry
Industry Median: 2.83 vs BOM:543958: -0.31

VL E-Governance & IT Solutions Debt-to-EBITDA Historical Data

The historical data trend for VL E-Governance & IT Solutions'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.

VL E-Governance & IT Solutions Debt-to-EBITDA Chart

VL E-Governance & IT Solutions Annual Data

Trend

Mar23

Mar24

Debt-to-EBITDA

-0.30

VL E-Governance & IT Solutions Quarterly Data
	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial			-	-	-13.42	-	-0.08

Competitive Comparison of VL E-Governance & IT Solutions's Debt-to-EBITDA

For the Integrated Freight & Logistics subindustry, VL E-Governance & IT Solutions'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.

VL E-Governance & IT Solutions's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, VL E-Governance & IT Solutions's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where VL E-Governance & IT Solutions's Debt-to-EBITDA falls into.

VL E-Governance & IT Solutions Debt-to-EBITDA Calculation

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

VL E-Governance & IT Solutions'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
	=	(510.886	+	0)	/	-1699.306
	=	-0.30

VL E-Governance & IT Solutions'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
	=	(510.886	+	0)	/	-6538.904
	=	-0.08

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.

VL E-Governance & IT Solutions (BOM:543958) 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.

VL E-Governance & IT Solutions Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of VL E-Governance & IT Solutions's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

VL E-Governance & IT Solutions (BOM:543958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » VL E-Governance & IT Solutions Ltd (BOM:543958) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

VLEGOV:India

Address

Road No. 16, Plot No. 93, Vakrangee Corporate House, M.I.D.C Marol, Andheri East, Mumbai, MH, IND, 400093

Website

VL E Governance and IT Solutions Pvt Ltd is engaged in providing last-mile delivery services of parcels on behalf of e-commerce entities and courier booking services. The Company serves in Local, State and National markets only and hence there are no exports.

VL E-Governance & IT Solutions (BOM:543958) Headlines

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