Docmode Health Technologies (NSE:DHTL) Debt-to-EBITDA : -5.52 (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Docmode Health Technologies Debt-to-EBITDA?

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

Docmode Health Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹48.0 Mil. Docmode Health Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹43.8 Mil. Docmode Health Technologies's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹-16.6 Mil. Docmode Health Technologies's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -5.52.

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 Docmode Health Technologies's Debt-to-EBITDA or its related term are showing as below:

NSE:DHTL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.29 Med: 2.5 Max: 4.96
Current: 4.95

During the past 4 years, the highest Debt-to-EBITDA Ratio of Docmode Health Technologies was 4.96. The lowest was 1.29. And the median was 2.50.

NSE:DHTL's Debt-to-EBITDA is ranked worse than
73.26% of 445 companies
in the Healthcare Providers & Services industry
Industry Median: 2.45 vs NSE:DHTL: 4.95

Docmode Health Technologies Debt-to-EBITDA Historical Data

The historical data trend for Docmode Health Technologies'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.

Docmode Health Technologies Debt-to-EBITDA Chart

Docmode Health Technologies Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

1.29

2.73

2.27

4.96

Docmode Health Technologies Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24
Debt-to-EBITDA	N/A	N/A	N/A	1.51	-5.52

Competitive Comparison of Docmode Health Technologies's Debt-to-EBITDA

For the Health Information Services subindustry, Docmode Health Technologies'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.

Docmode Health Technologies's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Docmode Health Technologies's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Docmode Health Technologies's Debt-to-EBITDA falls into.

Docmode Health Technologies Debt-to-EBITDA Calculation

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

Docmode Health Technologies'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
	=	(47.983	+	43.82)	/	18.492
	=	4.96

Docmode Health Technologies'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
	=	(47.983	+	43.82)	/	-16.63
	=	-5.52

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.

Docmode Health Technologies (NSE:DHTL) 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.

Docmode Health Technologies Debt-to-EBITDA Related Terms

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

Docmode Health Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Docmode Health Technologies Ltd (NSE:DHTL) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chincholi Bunder Road, 201, Kalpataru Plaza, Rambaug Off, Nadiyawala Colony 2, Malad, Mumbai, MH, IND, 400064

Website

https://www.docmode.org

Docmode Health Technologies Ltd is engaged in the business of providing comprehensive & interactive learning programs for healthcare professionals through e-Learning measures and providing online CME (continuous medical education) Certification Courses and designing & conducting surveys, quizzes, questionnaires, etc. for collecting data insights related to the healthcare industry Its business segment is engaged in providing vocational training, DocMode is a platform that provides authoritative, comprehensive, and interactive learning programs for Health Professionals - Doctors, Nurses, Allied and Medical Students - across the world. The company has a new segments namely publishing of Medical books, trading of medical books and journals, conducting customised and inhouse events.

Docmode Health Technologies Headlines

No Headlines