Ascom Leasing & Investments (NSE:ASCOM) Debt-to-EBITDA : 0.05 (As of Mar. 2023)

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What is Ascom Leasing & Investments Debt-to-EBITDA?

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

Ascom Leasing & Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹0.7 Mil. Ascom Leasing & Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹3.0 Mil. Ascom Leasing & Investments's annualized EBITDA for the quarter that ended in Mar. 2023 was ₹69.7 Mil. Ascom Leasing & Investments's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 0.05.

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 Ascom Leasing & Investments's Debt-to-EBITDA or its related term are showing as below:

NSE:ASCOM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.05 Med: 1.22 Max: 9.42
Current: 0.05

During the past 8 years, the highest Debt-to-EBITDA Ratio of Ascom Leasing & Investments was 9.42. The lowest was 0.05. And the median was 1.22.

NSE:ASCOM's Debt-to-EBITDA is ranked better than
95.37% of 281 companies
in the Credit Services industry
Industry Median: 7.86 vs NSE:ASCOM: 0.05

Ascom Leasing & Investments Debt-to-EBITDA Historical Data

The historical data trend for Ascom Leasing & Investments'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.

Ascom Leasing & Investments Debt-to-EBITDA Chart

Ascom Leasing & Investments Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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1.77

1.38

1.06

0.51

0.05

Ascom Leasing & Investments Semi-Annual Data
	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Debt-to-EBITDA	Get a 7-Day Free Trial			1.77	1.38	1.06	0.51	0.05

Competitive Comparison of Ascom Leasing & Investments's Debt-to-EBITDA

For the Credit Services subindustry, Ascom Leasing & Investments'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.

Ascom Leasing & Investments's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ascom Leasing & Investments's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ascom Leasing & Investments's Debt-to-EBITDA falls into.

Ascom Leasing & Investments Debt-to-EBITDA Calculation

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

Ascom Leasing & Investments's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.713	+	3.048)	/	69.655
	=	0.05

Ascom Leasing & Investments's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.713	+	3.048)	/	69.655
	=	0.05

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 one times the quarterly (Mar. 2023) EBITDA data.

Ascom Leasing & Investments (NSE:ASCOM) 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.

Ascom Leasing & Investments Debt-to-EBITDA Related Terms

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

Ascom Leasing & Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ascom Leasing & Investments Ltd (NSE:ASCOM) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aditya Group 331-336, VIP Road Vesu, 3rd Floor, Four Point Complex, Besides Manibha Park, Surat, GJ, IND, 395007

Website

https://www.ascomfinance.com

Ascom Leasing & Investments Ltd is a non-banking finance company engaged in the business of finance and lending. The company provides term loans, mortgage financing, personal loans, Gold loans, and Projected loans.

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