Opto Circuits (India) (NSE:OPTOCIRCUI) Debt-to-EBITDA : 0.00 (As of Jun. 2021)

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.

NSE:OPTOCIRCUI Opto Circuits (India) Ltd NSE:OPTOCIRCUI
4 GF Score
Price ₹1.80
View Full Analysis

What is Opto Circuits (India) Debt-to-EBITDA?

Opto Circuits (India) NSE:OPTOCIRCUI 4 Debt-to-EBITDA is 0.00 as of Jun. 2021. GuruFocus rates NSE:OPTOCIRCUI with a GF Score™ of 4/100.

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

Opto Circuits (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was ₹0.0 Mil. Opto Circuits (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was ₹0.0 Mil. Opto Circuits (India)'s annualized EBITDA for the quarter that ended in Jun. 2021 was ₹-51.2 Mil. Opto Circuits (India)'s annualized Debt-to-EBITDA for the quarter that ended in Jun. 2021 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 Opto Circuits (India)'s Debt-to-EBITDA or its related term are showing as below:

NSE:OPTOCIRCUI's Debt-to-EBITDA is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 1.6
* Ranked among companies with meaningful Debt-to-EBITDA only.

Opto Circuits (India)  (NSE:OPTOCIRCUI) 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.


Opto Circuits (India) Debt-to-EBITDA Related Terms


Opto Circuits (India) Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Opto Circuits (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.

Opto Circuits (India) Debt-to-EBITDA Chart

Opto Circuits (India) Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.11 -2.05 16.17 12.21 -0.73

Opto Circuits (India) Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21
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 -2.48 0.00 -68.15 0.00 0.00

NSE:OPTOCIRCUI vs ABT, MDT, SYK: Debt-to-EBITDA Comparison

For the Medical Devices subindustry, Opto Circuits (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.


Opto Circuits (India) Debt-to-EBITDA vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Opto Circuits (India)'s Debt-to-EBITDA distribution charts can be found below:

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


NSE:OPTOCIRCUI
4GF Score
Opto Circuits (India) Ltd NSE:OPTOCIRCUI
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Opto Circuits (India) Debt-to-EBITDA Calculation

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

Opto Circuits (India)'s Debt-to-EBITDA for the fiscal year that ended in Mar. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8169.163 + 1704.065) / -13459.719
=-0.73

Opto Circuits (India)'s annualized Debt-to-EBITDA for the quarter that ended in Jun. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -51.152
=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. 2021) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.00 mean?
Opto Circuits (India) (NSE:OPTOCIRCUI) has a Debt-to-EBITDA of 0.00 as of Jun. 2021. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Opto Circuits (India).
Is Opto Circuits (India)'s Debt-to-EBITDA too high?
Opto Circuits (India)'s current Debt-to-EBITDA is 0.00. Overall, Opto Circuits (India) has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Opto Circuits (India)'s Debt-to-EBITDA compare to ABT and MDT?
Opto Circuits (India)'s Debt-to-EBITDA of 0.00 can be compared against companies in the Medical Devices & Instruments industry. The industry median Debt-to-EBITDA is 1.60. 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 Medical Devices & Instruments company?
The median Debt-to-EBITDA among Medical Devices & Instruments companies is 1.60, based on 469 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 Opto Circuits (India). For the Medical Devices & Instruments industry, the median Debt-to-EBITDA is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Opto Circuits (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 Opto Circuits (India) stock overvalued right now?
Opto Circuits (India) (NSE:OPTOCIRCUI) has a current Debt-to-EBITDA of 0.00. The current Debt-to-EBITDA is 0.00. Opto Circuits (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 Opto Circuits (India) (NSE:OPTOCIRCUI), the current Debt-to-EBITDA is 0.00 as of Jun. 2021. 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.

Opto Circuits (India) Business Description

Address Plot No. 83, Hosur Road, 1st Floor, Electronic City, Bengalore, KA, IND, 560 100
Opto Circuits (India) Ltd along with its subsidiaries are engaged in the design, development, manufacture, marketing, and distribution of a range of medical products. The company's product is used by the healthcare industry, schools, and fire stations. The service line of the company consists of providing vital signs monitoring, emergency cardiac care, vascular treatments, and sensing technologies. The business of the company operates in segments that include Sensors, Monitors, and Others. The Sensors segment generates maximum revenue for the company. Geographically the company exports its products to America, Europe, and Asia markets.
4GF Score

Get the complete analysis for NSE:OPTOCIRCUI

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1.80
Price