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VLS Finance (NSE:VLSFINANCE) Debt-to-EBITDA : 0.00 (As of Sep. 2024)


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What is VLS Finance Debt-to-EBITDA?

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

VLS Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0.0 Mil. VLS Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0.0 Mil. VLS Finance's annualized EBITDA for the quarter that ended in Sep. 2024 was ₹2,630.0 Mil. VLS Finance's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.00.

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 VLS Finance's Debt-to-EBITDA or its related term are showing as below:

During the past 13 years, the highest Debt-to-EBITDA Ratio of VLS Finance was 1.39. The lowest was -0.06. And the median was 0.01.

NSE:VLSFINANCE's Debt-to-EBITDA is not ranked *
in the Capital Markets industry.
Industry Median: 1.56
* Ranked among companies with meaningful Debt-to-EBITDA only.

VLS Finance Debt-to-EBITDA Historical Data

The historical data trend for VLS Finance'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.

VLS Finance Debt-to-EBITDA Chart

VLS Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 - 0.01 0.03 -

VLS Finance Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of VLS Finance's Debt-to-EBITDA

For the Capital Markets subindustry, VLS Finance'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.


VLS Finance's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, VLS Finance's Debt-to-EBITDA distribution charts can be found below:

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



VLS Finance Debt-to-EBITDA Calculation

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

VLS Finance'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
=(3.887 + 1.785) / 3921.31
=0.00

VLS Finance's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 2630.008
=0.00

* 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 (Sep. 2024) EBITDA data.


VLS Finance  (NSE:VLSFINANCE) 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.


VLS Finance Debt-to-EBITDA Related Terms

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


VLS Finance Business Description

Traded in Other Exchanges
Address
90, Okhla Industrial Estate, Phase III, Ground Floor, New Delhi, IND, 110020
VLS Finance Ltd is engaged in the finance business. Its principal business is of stock broking and investing in securities. The company also focuses on providing corporate consulting and advisory services, equity research, and property investments.

VLS Finance Headlines

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