Thinking Hats Entertainment Solutions (NSE:THESL) Debt-to-EBITDA : N/A (As of Mar. 2023)

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What is Thinking Hats Entertainment Solutions Debt-to-EBITDA?

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

Thinking Hats Entertainment Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹31.3 Mil. Thinking Hats Entertainment Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹10.1 Mil. Thinking Hats Entertainment Solutions's annualized EBITDA for the quarter that ended in Mar. 2023 was ₹0.0 Mil.

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 Thinking Hats Entertainment Solutions's Debt-to-EBITDA or its related term are showing as below:

During the past 3 years, the highest Debt-to-EBITDA Ratio of Thinking Hats Entertainment Solutions was 1.38. The lowest was 0.54. And the median was 1.08.

NSE:THESL's Debt-to-EBITDA is not ranked ^*
in the Media - Diversified industry.
Industry Median: 1.645
* Ranked among companies with meaningful Debt-to-EBITDA only.

Thinking Hats Entertainment Solutions Debt-to-EBITDA Historical Data

The historical data trend for Thinking Hats Entertainment Solutions'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.

Thinking Hats Entertainment Solutions Debt-to-EBITDA Chart

Thinking Hats Entertainment Solutions Annual Data

Trend

Mar22

Mar23

Mar24

Debt-to-EBITDA

0.54

1.38

1.08

Thinking Hats Entertainment Solutions Quarterly Data
	Mar22	Mar23	Mar24
Debt-to-EBITDA	N/A	N/A	N/A

Competitive Comparison of Thinking Hats Entertainment Solutions's Debt-to-EBITDA

For the Advertising Agencies subindustry, Thinking Hats Entertainment Solutions'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.

Thinking Hats Entertainment Solutions's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Thinking Hats Entertainment Solutions's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Thinking Hats Entertainment Solutions's Debt-to-EBITDA falls into.

Thinking Hats Entertainment Solutions Debt-to-EBITDA Calculation

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

Thinking Hats Entertainment Solutions'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
	=	(45.147	+	9.199)	/	50.202
	=	1.08

Thinking Hats Entertainment Solutions's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(31.314	+	10.052)	/	0
	=	N/A

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. 2023) EBITDA data.

Thinking Hats Entertainment Solutions (NSE:THESL) 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.

Thinking Hats Entertainment Solutions Debt-to-EBITDA Related Terms

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

Thinking Hats Entertainment Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Thinking Hats Entertainment Solutions Ltd (NSE:THESL) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

5th Floor, B 9 Pinnacle Business, Park Sector 3 Noida, Gautam Buddha Nagar, Noida, UP, IND, 201301

Website

https://www.thes.in

Thinking Hats Entertainment Solutions Ltd is a concept development, event design and production company that specializes in live events, corporate, MICE (Meetings, Incentives, Conferences and Exhibitions), social and virtual events to an OTT content production and experiential marketing company with a focus on content development, intellectual property curation and tech centric product development. The company operates in two reportable segment (Business segment) i.e. Event Management and OTT Sales. Key revenue is generated from Event Management segment.

Thinking Hats Entertainment Solutions Headlines

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