Jet Airways (India) (NSE:JETAIRWAYS) Debt-to-EBITDA : 0.00 (As of Jun. 2023)

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NSE:JETAIRWAYS Jet Airways (India) Ltd NSE:JETAIRWAYS
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What is Jet Airways (India) Debt-to-EBITDA?

Jet Airways (India) NSE:JETAIRWAYS 4 Debt-to-EBITDA is 0.00 as of Jun. 2023. GuruFocus rates NSE:JETAIRWAYS with a GF Score™ of 4/100.

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

Jet Airways (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₹0.0 Mil. Jet Airways (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₹0.0 Mil. Jet Airways (India)'s annualized EBITDA for the quarter that ended in Jun. 2023 was ₹-2,000.4 Mil. Jet Airways (India)'s annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 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 Jet Airways (India)'s Debt-to-EBITDA or its related term are showing as below:

NSE:JETAIRWAYS's Debt-to-EBITDA is not ranked *
in the Transportation industry.
Industry Median: 2.58
* Ranked among companies with meaningful Debt-to-EBITDA only.

Jet Airways (India)  (NSE:JETAIRWAYS) 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.

Jet Airways (India) Debt-to-EBITDA Related Terms

Jet Airways (India) Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Jet Airways (India)'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.

Jet Airways (India) Debt-to-EBITDA Chart

Jet Airways (India) 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 -1.77 -2.36 736.25 -10.23 -4.23

Jet Airways (India) Quarterly Data
Mar17 Mar18 Sep18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 Premium Member Only 0.00 -2.90 0.00 -16.44 0.00

NSE:JETAIRWAYS vs DAL, LUV, UAL: Debt-to-EBITDA Comparison

For the Airlines subindustry, Jet Airways (India)'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.

Jet Airways (India) Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Jet Airways (India)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Jet Airways (India)'s Debt-to-EBITDA falls into.


NSE:JETAIRWAYS
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Jet Airways (India) Ltd NSE:JETAIRWAYS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Jet Airways (India) Debt-to-EBITDA Calculation

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

Jet Airways (India)'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
=(35412.1 + 200) / -8420.6
=-4.23

Jet Airways (India)'s annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -2000.4
=0.00

* 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 four times the quarterly (Jun. 2023) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.00 mean?
Jet Airways (India) (NSE:JETAIRWAYS) has a Debt-to-EBITDA of 0.00 as of Jun. 2023. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Jet Airways (India).
Is Jet Airways (India)'s Debt-to-EBITDA too high?
Jet Airways (India)'s current Debt-to-EBITDA is 0.00. Overall, Jet Airways (India) has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Jet Airways (India)'s Debt-to-EBITDA compare to DAL and LUV?
Jet Airways (India)'s Debt-to-EBITDA of 0.00 can be compared against companies in the Transportation industry. The industry median Debt-to-EBITDA is 2.58. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.58, based on 875 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Jet Airways (India). For the Transportation industry, the median Debt-to-EBITDA is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jet Airways (India)'s current Debt-to-EBITDA is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jet Airways (India) stock overvalued right now?
Jet Airways (India) (NSE:JETAIRWAYS) has a current Debt-to-EBITDA of 0.00. The current Debt-to-EBITDA is 0.00. Jet Airways (India)'s overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Jet Airways (India) (NSE:JETAIRWAYS), the current Debt-to-EBITDA is 0.00 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Jet Airways (India) Business Description

Address 252, LBS Marg, Global One, 3rd Floor, Kurla (West), Mumbai, MH, IND, 400070
Jet Airways (India) Ltd is an international airline operating out of India. The company principal activities include carriage of passengers and cargo in Domestic and International sectors. Passenger tickets may be purchased on its website and through mobile applications. It has arrangements with multiple international airlines to expand global destinations and increase access for customers. Additionally, multiple partnerships with hotels, dining and others allow customers to make accommodations for an entire trip. Geographically, it derives a majority of revenue from India.
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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