Holmarc Opto-Mechatronics (NSE:HOLMARC) Debt-to-EBITDA : 0.00 (As of Mar. 2024)

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What is Holmarc Opto-Mechatronics Debt-to-EBITDA?

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

Holmarc Opto-Mechatronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Holmarc Opto-Mechatronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Holmarc Opto-Mechatronics's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹56.2 Mil. Holmarc Opto-Mechatronics's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.00.

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 Holmarc Opto-Mechatronics's Debt-to-EBITDA or its related term are showing as below:

During the past 4 years, the highest Debt-to-EBITDA Ratio of Holmarc Opto-Mechatronics was 1.02. The lowest was 0.00. And the median was 0.69.

NSE:HOLMARC's Debt-to-EBITDA is not ranked ^*
in the Hardware industry.
Industry Median: 1.8
* Ranked among companies with meaningful Debt-to-EBITDA only.

Holmarc Opto-Mechatronics Debt-to-EBITDA Historical Data

The historical data trend for Holmarc Opto-Mechatronics'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.

Holmarc Opto-Mechatronics Debt-to-EBITDA Chart

Holmarc Opto-Mechatronics Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

1.02

0.69

0.23

Holmarc Opto-Mechatronics Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Debt-to-EBITDA	1.02	0.69	0.23	-

Competitive Comparison of Holmarc Opto-Mechatronics's Debt-to-EBITDA

For the Scientific & Technical Instruments subindustry, Holmarc Opto-Mechatronics'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.

Holmarc Opto-Mechatronics's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Holmarc Opto-Mechatronics's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Holmarc Opto-Mechatronics's Debt-to-EBITDA falls into.

Holmarc Opto-Mechatronics Debt-to-EBITDA Calculation

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

Holmarc Opto-Mechatronics'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
	=	(0	+	0)	/	56.242
	=	0.00

Holmarc Opto-Mechatronics'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
	=	(0	+	0)	/	56.242
	=	0.00

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. 2024) EBITDA data.

Holmarc Opto-Mechatronics (NSE:HOLMARC) 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.

Holmarc Opto-Mechatronics Debt-to-EBITDA Related Terms

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

Holmarc Opto-Mechatronics (NSE:HOLMARC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Holmarc Opto-Mechatronics Ltd (NSE:HOLMARC) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building No. 11/490, B-7, HMT Industrial Estate, Kalamassery, Kanayanoor Taluk, Ernakulam, KL, IND, 683503

Website

https://www.holmarc.com

Holmarc Opto-Mechatronics Ltd is engaged in manufacturing a variety of scientific and engineering instruments for research, industry and education i.e. Imaging Instruments, Measuring Instruments, Spectroscopy, Analytical Instruments, Lab Instruments, Physics Lab Instruments, Breadboard/Table Tops, Opto-mechanics, Optics, Linear & Rotation Stages, Motorized Linear & Rotation Stages, Industrial Automation etc.

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