Rockingdeals Circular Economy (NSE:ROCKINGDCE) Debt-to-EBITDA : 0.01 (As of Mar. 2024)

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What is Rockingdeals Circular Economy Debt-to-EBITDA?

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

Rockingdeals Circular Economy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.2 Mil. Rockingdeals Circular Economy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.6 Mil. Rockingdeals Circular Economy's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹77.9 Mil. Rockingdeals Circular Economy's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.01.

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 Rockingdeals Circular Economy's Debt-to-EBITDA or its related term are showing as below:

NSE:ROCKINGDCE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01 Med: 3.35 Max: 5.43
Current: 0.01

During the past 4 years, the highest Debt-to-EBITDA Ratio of Rockingdeals Circular Economy was 5.43. The lowest was 0.01. And the median was 3.35.

NSE:ROCKINGDCE's Debt-to-EBITDA is ranked better than
99.89% of 872 companies
in the Retail - Cyclical industry
Industry Median: 2.685 vs NSE:ROCKINGDCE: 0.01

Rockingdeals Circular Economy Debt-to-EBITDA Historical Data

The historical data trend for Rockingdeals Circular Economy'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.

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Rockingdeals Circular Economy Debt-to-EBITDA Chart

Rockingdeals Circular Economy Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

5.43

5.21

1.50

0.01

Rockingdeals Circular Economy Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Debt-to-EBITDA	5.43	5.21	1.50	0.01

Competitive Comparison of Rockingdeals Circular Economy's Debt-to-EBITDA

For the Department Stores subindustry, Rockingdeals Circular Economy'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.

Rockingdeals Circular Economy's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rockingdeals Circular Economy's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Rockingdeals Circular Economy's Debt-to-EBITDA falls into.

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Rockingdeals Circular Economy Debt-to-EBITDA Calculation

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

Rockingdeals Circular Economy'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
	=	(0.226	+	0.607)	/	77.884
	=	0.01

Rockingdeals Circular Economy'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
	=	(0.226	+	0.607)	/	77.884
	=	0.01

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.

Rockingdeals Circular Economy (NSE:ROCKINGDCE) 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.

Rockingdeals Circular Economy Debt-to-EBITDA Related Terms

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

Rockingdeals Circular Economy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rockingdeals Circular Economy Ltd (NSE:ROCKINGDCE) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mile Stone, 12/3, NH 44, Mathura Road, Sector 37, Near Sarai Metro Station, Sarai Khawaja Village, Faridabad, HR, IND, 121003

Website

https://www.rockingdeals.in

Rockingdeals Circular Economy Ltd is engaged in bulk trading of excess inventory, open-boxed inventory, re-commerce products and refurbished products. These products range in several categories such as small home appliances, apparel, kitchenware and household, speaker & mobile accessories, large appliances, footwear, etc. These products are generally of various brands such as Samsung, Thomson, MI, LG, symphony, ZARA, Nike, Reebok, Campus, Sony, JBL, Boat, Gizmore, One Plus, etc.

Rockingdeals Circular Economy Headlines

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