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Focus Lighting and Fixtures (NSE:FOCUS) Debt-to-EBITDA : 0.06 (As of Mar. 2023)


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What is Focus Lighting and Fixtures Debt-to-EBITDA?

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

Focus Lighting and Fixtures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹30 Mil. Focus Lighting and Fixtures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹0 Mil. Focus Lighting and Fixtures's annualized EBITDA for the quarter that ended in Mar. 2023 was ₹465 Mil. Focus Lighting and Fixtures's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 0.06.

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 Focus Lighting and Fixtures's Debt-to-EBITDA or its related term are showing as below:

NSE:FOCUS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.07   Med: 0.57   Max: 3.57
Current: 0.09

During the past 12 years, the highest Debt-to-EBITDA Ratio of Focus Lighting and Fixtures was 3.57. The lowest was 0.07. And the median was 0.57.

NSE:FOCUS's Debt-to-EBITDA is ranked better than
90.91% of 341 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.01 vs NSE:FOCUS: 0.09

Focus Lighting and Fixtures Debt-to-EBITDA Historical Data

The historical data trend for Focus Lighting and Fixtures'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.

Focus Lighting and Fixtures Debt-to-EBITDA Chart

Focus Lighting and Fixtures Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.52 3.57 0.61 0.09

Focus Lighting and Fixtures Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.24 1.26 0.38 0.05 0.06

Competitive Comparison of Focus Lighting and Fixtures's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Focus Lighting and Fixtures'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.


Focus Lighting and Fixtures's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Focus Lighting and Fixtures's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Focus Lighting and Fixtures's Debt-to-EBITDA falls into.



Focus Lighting and Fixtures Debt-to-EBITDA Calculation

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

Focus Lighting and Fixtures'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
=(29.5 + 0) / 348.453
=0.08

Focus Lighting and Fixtures'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
=(29.5 + 0) / 465.204
=0.06

* 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.

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. 2023) EBITDA data.


Focus Lighting and Fixtures  (NSE:FOCUS) 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.


Focus Lighting and Fixtures Debt-to-EBITDA Related Terms

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


Focus Lighting and Fixtures (NSE:FOCUS) Business Description

Traded in Other Exchanges
N/A
Address
Sonawala Road, Near Udyog Bhavan, 1007-1010, Corporate Avenue Wing A, Goregaon (East), Mumbai, MH, IND, 400063
Focus Lighting and Fixtures Ltd provide lighting fixtures. The company has two reportable segments namely trading and manufacturing activities. It generates maximum revenue from the Trading segment. The company products include cabinet lights, lighting systems, pendants, recessed, semi-recessed, surface, track, and trimless.

Focus Lighting and Fixtures (NSE:FOCUS) Headlines

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