Synoptics Technologies (NSE:SYNOPTICS) Debt-to-EBITDA : 1.27 (As of Mar. 2022)

View and export this data going back to 2023. Start your Free Trial

What is Synoptics Technologies Debt-to-EBITDA?

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

Synoptics Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was ₹86.5 Mil. Synoptics Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was ₹54.5 Mil. Synoptics Technologies's annualized EBITDA for the quarter that ended in Mar. 2022 was ₹110.6 Mil. Synoptics Technologies's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2022 was 1.27.

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 Synoptics Technologies's Debt-to-EBITDA or its related term are showing as below:

NSE:SYNOPTICS's Debt-to-EBITDA is not ranked ^*
in the Software industry.
Industry Median: 1.06
* Ranked among companies with meaningful Debt-to-EBITDA only.

Synoptics Technologies Debt-to-EBITDA Historical Data

The historical data trend for Synoptics Technologies'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.

* Premium members only.

Synoptics Technologies Debt-to-EBITDA Chart

Synoptics Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Debt-to-EBITDA

2.16

1.56

1.27

Synoptics Technologies Semi-Annual Data
	Mar20	Mar21	Mar22
Debt-to-EBITDA	2.16	1.56	1.27

Competitive Comparison of Synoptics Technologies's Debt-to-EBITDA

For the Information Technology Services subindustry, Synoptics Technologies'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.

Synoptics Technologies's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Synoptics Technologies's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Synoptics Technologies's Debt-to-EBITDA falls into.

Synoptics Technologies Debt-to-EBITDA Calculation

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

Synoptics Technologies's Debt-to-EBITDA for the fiscal year that ended in Mar. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(86.521	+	54.482)	/	110.639
	=	1.27

Synoptics Technologies's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(86.521	+	54.482)	/	110.639
	=	1.27

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. 2022) EBITDA data.

Synoptics Technologies (NSE:SYNOPTICS) 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.

Synoptics Technologies Debt-to-EBITDA Related Terms

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

Synoptics Technologies (NSE:SYNOPTICS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Synoptics Technologies Ltd (NSE:SYNOPTICS) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

301, A-Wing, 3rd Floor, Interface 16, Mindspace, Malad (West), Mumbai, MH, IND, 400064

Website

https://synoptics.co.in

Synoptics Technologies Ltd is an IT Services company offering solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation and support of the network equipment needed to run the IT setup like routers, switches, etc. The company designs the solution for customers who need to put their applications on Cloud. It helps with the application migration and manages the setup in the cloud. It aims to reduce the Total Cost of Ownership (TCO) and increase Return on Investment (RoI) for its customers to adopt any kind of Digital Transformation use case with its technology-led and innovation-driven approach.

Synoptics Technologies (NSE:SYNOPTICS) Headlines

No Headlines