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SwiggyNSE:SWIGGY +7.03%9 Debt-to-EBITDA is -1.48 as of Mar. 2026. GuruFocus rates NSE:SWIGGY with a GF Score™ of 9/100. Among 903 Retail - Cyclical companies, Swiggy ranks worse than 110741.86% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Swiggy's Debt-to-EBITDA or its related term are showing as below:
NSE:SWIGGY'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.93 Med: -0.47 Max: -0.15
Current: -0.93
During the past 5 years, the highest Debt-to-EBITDA Ratio of Swiggy was -0.15. The lowest was -0.93. And the median was -0.47.
NSE:SWIGGY's Debt-to-EBITDA is ranked worse than 100% of 903
companies
in the Retail - Cyclical industry
Industry Median: 2.41
vs NSE:SWIGGY: -0.93
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.
Swiggy Debt-to-EBITDA Related Terms
Swiggy Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Swiggy'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.
NSE:SWIGGY vs AMZN, BABA, PDD: Debt-to-EBITDA Comparison
For the Internet Retail subindustry, Swiggy'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.
Swiggy Debt-to-EBITDA vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Swiggy's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Swiggy's Debt-to-EBITDA falls into.
* 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 (Mar. 2026) EBITDA data.
Swiggy (NSE:SWIGGY) has a Debt-to-EBITDA of -1.48 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 Swiggy. According to the industry distribution chart, Swiggy ranks #999999 out of 903 companies in the Retail - Cyclical industry.
Is Swiggy's Debt-to-EBITDA too high?
Swiggy's current Debt-to-EBITDA is -1.48. Based on the distribution chart, Swiggy ranks #999999 out of 903 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Swiggy has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Swiggy's Debt-to-EBITDA compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Swiggy ranks #999999 out of 903 companies for Debt-to-EBITDA. This places Swiggy in the lower half of its industry. The industry median Debt-to-EBITDA is 2.41. 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 Retail - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.41, based on 903 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 Swiggy. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swiggy's current Debt-to-EBITDA is -1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swiggy stock overvalued right now?
Swiggy (NSE:SWIGGY) has a current Debt-to-EBITDA of -1.48. The current Debt-to-EBITDA is -1.48. Swiggy's overall GF Score™ is 9/100. 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 Swiggy (NSE:SWIGGY), the current Debt-to-EBITDA is -1.48 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.
Swiggy Ltd is a consumer-first technology company offering users an easy to use convenience platform, accessible through a unified app to browse, select, order and pay for food (Food Delivery), grocery and household items (Instamart), and have their orders delivered to their doorstep through on-demand delivery partner network. Its platform can be used to make restaurant reservations (Dineout) and for events bookings (SteppinOut). It has five business segments: Food Delivery, Out of home consumption, Quick commerce. Supply chain and distribution and Platform Innovations. Key revenue is generated from Food delivery business that offer on demand Food Delivery services through a network of restaurant partners and delivery partners, which is available through mobile application and or website.
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