Smarten Power Systems (NSE:SMARTEN) Debt-to-EBITDA : 0.51 (As of Mar. 2026) — 24% Above Median

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:SMARTEN Smarten Power Systems Ltd NSE:SMARTEN
18 GF Score
Price ₹54.55
! 4 Warning Signs
View Full Analysis

What is Smarten Power Systems Debt-to-EBITDA?

Smarten Power Systems NSE:SMARTEN -0.73% 18 Debt-to-EBITDA is 0.51 as of Mar. 2026, which is 24% above its 10-year median of 0.41. GuruFocus rates NSE:SMARTEN with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 724 Semiconductors companies, Smarten Power Systems ranks better than 56.91% on this metric.

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

Smarten Power Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹54 Mil. Smarten Power Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹1 Mil. Smarten Power Systems's annualized EBITDA for the quarter that ended in Mar. 2026 was ₹107 Mil. Smarten Power Systems's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.51.

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 Smarten Power Systems's Debt-to-EBITDA or its related term are showing as below:

NSE:SMARTEN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.4   Med: 0.41   Max: 1.02
Current: 1.02

During the past 5 years, the highest Debt-to-EBITDA Ratio of Smarten Power Systems was 1.02. The lowest was 0.40. And the median was 0.41.

NSE:SMARTEN's Debt-to-EBITDA is ranked better than
56.91% of 724 companies
in the Semiconductors industry
Industry Median: 1.45 vs NSE:SMARTEN: 1.02

Smarten Power Systems  (NSE:SMARTEN) 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.


Smarten Power Systems Debt-to-EBITDA Related Terms


Smarten Power Systems Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Smarten Power Systems'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.

Smarten Power Systems Debt-to-EBITDA Chart

Smarten Power Systems Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
0.41 0.54 0.40 0.90 0.40

Smarten Power Systems Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA N/A N/A N/A 0.83 0.51

NSE:SMARTEN vs FSLR, NXT, ENPH: Debt-to-EBITDA Comparison

For the Solar subindustry, Smarten Power Systems'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.


Smarten Power Systems Debt-to-EBITDA vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Smarten Power Systems's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Smarten Power Systems's Debt-to-EBITDA falls into.


NSE:SMARTEN
18GF Score
Smarten Power Systems Ltd NSE:SMARTEN
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smarten Power Systems Debt-to-EBITDA Calculation

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

Smarten Power Systems's Debt-to-EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(54.086 + 0.684) / 136.128
=0.40

Smarten Power Systems's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(54.086 + 0.684) / 107.202
=0.51

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.51 mean?
Smarten Power Systems (NSE:SMARTEN) has a Debt-to-EBITDA of 0.51 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Smarten Power Systems. This is 24% above median its historical median of 0.41. Over the past decade, Smarten Power Systems' Debt-to-EBITDA has ranged from 0.40 to 1.02. According to the industry distribution chart, Smarten Power Systems ranks #312 out of 724 companies in the Semiconductors industry, placing it in the top 43.1%.
Is Smarten Power Systems' Debt-to-EBITDA too high?
Smarten Power Systems' current Debt-to-EBITDA of 0.51 is 24% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.02. The Semiconductors industry median Debt-to-EBITDA is 1.45. Smarten Power Systems' value of 0.51 is 64.8% below this industry median. Based on the distribution chart, Smarten Power Systems ranks #312 out of 724 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Smarten Power Systems has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Smarten Power Systems' Debt-to-EBITDA compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Smarten Power Systems ranks #312 out of 724 companies for Debt-to-EBITDA. This puts Smarten Power Systems in the upper half of its industry. The industry median Debt-to-EBITDA is 1.45. Smarten Power Systems' value of 0.51 is 64.8% below this benchmark. Historically, Smarten Power Systems' own Debt-to-EBITDA has ranged from 0.40 to 1.02 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 1.45, Smarten Power Systems has consistently been below the industry average. 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 Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.45, based on 724 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. Smarten Power Systems's current Debt-to-EBITDA of 0.51 is 64.8% below the industry median. 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 Smarten Power Systems. For the Semiconductors industry, the median Debt-to-EBITDA is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smarten Power Systems's current Debt-to-EBITDA is 0.51, which is 24% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smarten Power Systems stock overvalued right now?
Smarten Power Systems (NSE:SMARTEN) has a current Debt-to-EBITDA of 0.51. The current Debt-to-EBITDA is 0.51, which is 24% above median its 10-year median of 0.41 and 64.8% below the Semiconductors industry median of 1.45. Smarten Power Systems' overall GF Score™ is 18/100 with 4 warning signs to review. 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 Smarten Power Systems (NSE:SMARTEN), the current Debt-to-EBITDA is 0.51 as of Mar. 2026. 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.

Smarten Power Systems Business Description

Address Sector - 37, 374, 1st Floor Pace City-2, Gurgaon, HR, IND, 122001
Smarten Power Systems Ltd is engaged into designing and assembling of power back-up and developed solar power products such as Home UPS systems, solar inverters, solar power conditioning units (PCUs), solar charge controllers. It is also engaged in the trading of solar panels and batteries. It sells its products through its distributors within India. Currently, The Company is operating in 23 states and 2 union territories within India and has also established footprint in over 18 countries which includes Middle East, Africa, and South Asia region.
18GF Score

Get the complete analysis for NSE:SMARTEN

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

₹54.55
Price