My Mudra Fincorp (NSE:MYMUDRA) Debt-to-EBITDA : 0.76 (As of Mar. 2024)

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What is My Mudra Fincorp Debt-to-EBITDA?

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

My Mudra Fincorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹66.1 Mil. My Mudra Fincorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹30.3 Mil. My Mudra Fincorp's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹127.3 Mil. My Mudra Fincorp's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.76.

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 My Mudra Fincorp's Debt-to-EBITDA or its related term are showing as below:

NSE:MYMUDRA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.64 Med: 0.76 Max: 2.75
Current: 0.76

During the past 3 years, the highest Debt-to-EBITDA Ratio of My Mudra Fincorp was 2.75. The lowest was 0.64. And the median was 0.76.

NSE:MYMUDRA's Debt-to-EBITDA is ranked better than
69.91% of 821 companies
in the Business Services industry
Industry Median: 1.84 vs NSE:MYMUDRA: 0.76

My Mudra Fincorp Debt-to-EBITDA Historical Data

The historical data trend for My Mudra Fincorp'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.

My Mudra Fincorp Debt-to-EBITDA Chart

My Mudra Fincorp Annual Data

Trend

Mar22

Mar23

Mar24

Debt-to-EBITDA

2.75

0.64

0.76

My Mudra Fincorp Semi-Annual Data
	Mar22	Mar23	Mar24
Debt-to-EBITDA	2.75	0.64	0.76

Competitive Comparison of My Mudra Fincorp's Debt-to-EBITDA

For the Specialty Business Services subindustry, My Mudra Fincorp'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.

My Mudra Fincorp's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, My Mudra Fincorp's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where My Mudra Fincorp's Debt-to-EBITDA falls into.

My Mudra Fincorp Debt-to-EBITDA Calculation

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

My Mudra Fincorp'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
	=	(66.13	+	30.311)	/	127.347
	=	0.76

My Mudra Fincorp'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
	=	(66.13	+	30.311)	/	127.347
	=	0.76

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.

My Mudra Fincorp (NSE:MYMUDRA) 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.

My Mudra Fincorp Debt-to-EBITDA Related Terms

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

My Mudra Fincorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » My Mudra Fincorp Ltd (NSE:MYMUDRA) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

w.e.a. Karol Bagh, 17A/45, 3rd Floor, Central Delhi, New Delhi, IND, 110005

Website

https://www.mymudra.com

My Mudra Fincorp Ltd functions as a Channel Partner (DSA) for Banks and NBFCs operating in India. Its business model integrates tele-calling, advertising, direct marketing, referrals, networking, and a combined physical and digital (physital) marketing approach to acquire customers for the banks and NBFC's. The company provides its customers with the ability to research and compare a wide range of lending and insurance products offered by its lending and insurer partners, enhancing choice and transparency.

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