Opal Luxury Time Products (NSE:OPAL) Debt-to-EBITDA : -0.71 (As of Sep. 2019)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Opal Luxury Time Products Debt-to-EBITDA?

Opal Luxury Time Products NSE:OPAL Debt-to-EBITDA is -0.71 as of Sep. 2019.

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

Opal Luxury Time Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was ₹125.18 Mil. Opal Luxury Time Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was ₹48.28 Mil. Opal Luxury Time Products's annualized EBITDA for the quarter that ended in Sep. 2019 was ₹-243.44 Mil. Opal Luxury Time Products's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2019 was -0.71.

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 Opal Luxury Time Products's Debt-to-EBITDA or its related term are showing as below:

NSE:OPAL's Debt-to-EBITDA is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 1.82
* Ranked among companies with meaningful Debt-to-EBITDA only.

Opal Luxury Time Products  (NSE:OPAL) 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.


Opal Luxury Time Products Debt-to-EBITDA Related Terms


Opal Luxury Time Products Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Opal Luxury Time Products'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.

Opal Luxury Time Products Debt-to-EBITDA Chart

Opal Luxury Time Products Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Debt-to-EBITDA
Get a 7-Day Free Trial 1.95 2.16 1.77 189.10 -72.24

Opal Luxury Time Products Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Sep19
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only N/A N/A N/A 0.00 -0.71

NSE:OPAL vs FBHS, WHR, MHK: Debt-to-EBITDA Comparison

For the Furnishings, Fixtures & Appliances subindustry, Opal Luxury Time Products'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.


Opal Luxury Time Products Debt-to-EBITDA vs Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Opal Luxury Time Products's Debt-to-EBITDA falls into.



Opal Luxury Time Products Debt-to-EBITDA Calculation

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

Opal Luxury Time Products's Debt-to-EBITDA for the fiscal year that ended in Mar. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(130.617 + 45.135) / -2.433
=-72.24

Opal Luxury Time Products's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(125.175 + 48.276) / -243.44
=-0.71

* 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 (Sep. 2019) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.71 mean?
Opal Luxury Time Products (NSE:OPAL) has a Debt-to-EBITDA of -0.71 as of Sep. 2019. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Opal Luxury Time Products.
Is Opal Luxury Time Products' Debt-to-EBITDA too high?
Opal Luxury Time Products' current Debt-to-EBITDA is -0.71.
How does Opal Luxury Time Products' Debt-to-EBITDA compare to FBHS and WHR?
Opal Luxury Time Products' Debt-to-EBITDA of -0.71 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Debt-to-EBITDA is 1.82. 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 Furnishings, Fixtures & Appliances company?
The median Debt-to-EBITDA among Furnishings, Fixtures & Appliances companies is 1.82, based on 330 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 Opal Luxury Time Products. For the Furnishings, Fixtures & Appliances industry, the median Debt-to-EBITDA is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Opal Luxury Time Products's current Debt-to-EBITDA is -0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opal Luxury Time Products stock overvalued right now?
Opal Luxury Time Products (NSE:OPAL) has a current Debt-to-EBITDA of -0.71. The current Debt-to-EBITDA is -0.71. 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 Opal Luxury Time Products (NSE:OPAL), the current Debt-to-EBITDA is -0.71 as of Sep. 2019. 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.

Opal Luxury Time Products Business Description

Address Senapati Bapat Road, Shree Ganesh, Plot No. 31, 1st Floor, Shivaji Housing Society, Behind ICC Tower, Pune, MH, IND, 411016
Opal Luxury Time Products Ltd is engaged in manufacturing and marketing of home decor products and designs, manufactures, assembles, markets in India and offers watches, wall and table clocks, and allied products and accessories. The firm markets its products through a network of distributors, dealers, home decor stores, furniture stores, crockery dealers, and organized retailers under the Opal brand. The company operates 333 counters and 11 online shopping portals in India. The firm offers a diverse product mix which varies with the following parameters: Price Range, Mould-component-make (wood, metal, acrylic, glass, etc.) and Styles (statue, table, digital, and contemporary). It also offers its products through opalclocks.com, an online shopping portal.