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What is Happy Square Outsourcing Services Debt-to-EBITDA?
Happy Square Outsourcing ServicesNSE:WHITEFORCE +4.98%18 Debt-to-EBITDA is 0.76 as of Mar. 2026, which is 52% below its 10-year median of 1.59. GuruFocus rates NSE:WHITEFORCE with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 836 Business Services companies, Happy Square Outsourcing Services ranks better than 62.44% 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 Happy Square Outsourcing Services's Debt-to-EBITDA or its related term are showing as below:
NSE:WHITEFORCE'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.96 Med: 1.59 Max: 2.31
Current: 0.96
During the past 4 years, the highest Debt-to-EBITDA Ratio of Happy Square Outsourcing Services was 2.31. The lowest was 0.96. And the median was 1.59.
NSE:WHITEFORCE's Debt-to-EBITDA is ranked better than 62.44% of 836
companies
in the Business Services industry
Industry Median: 1.63
vs NSE:WHITEFORCE: 0.96
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.
Happy Square Outsourcing Services Debt-to-EBITDA Related Terms
Happy Square Outsourcing Services Debt-to-EBITDA Historical Data
* 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:WHITEFORCE vs KFY, RHI, TNET: Debt-to-EBITDA Comparison
For the Staffing & Employment Services subindustry, Happy Square Outsourcing Services'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.
Happy Square Outsourcing Services Debt-to-EBITDA vs Business Services Industry
For the Business Services industry and Industrials sector, Happy Square Outsourcing Services's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Happy Square Outsourcing Services'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 two times the quarterly (Mar. 2026) EBITDA data.
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a Debt-to-EBITDA of 0.76 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 Happy Square Outsourcing Services. This is 52% below median its historical median of 1.59. Over the past decade, Happy Square Outsourcing Services' Debt-to-EBITDA has ranged from 0.96 to 2.31. According to the industry distribution chart, Happy Square Outsourcing Services ranks #314 out of 836 companies in the Business Services industry, placing it in the top 37.6%.
Is Happy Square Outsourcing Services' Debt-to-EBITDA too high?
Happy Square Outsourcing Services' current Debt-to-EBITDA of 0.76 is 52% below median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 2.31. The Business Services industry median Debt-to-EBITDA is 1.63. Happy Square Outsourcing Services' value of 0.76 is 53.4% below this industry median. Based on the distribution chart, Happy Square Outsourcing Services ranks #314 out of 836 companies in the Business Services industry, which is above the industry midpoint. Overall, Happy Square Outsourcing Services has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Happy Square Outsourcing Services' Debt-to-EBITDA compare to KFY and RHI?
According to the Business Services industry distribution chart, Happy Square Outsourcing Services ranks #314 out of 836 companies for Debt-to-EBITDA. This puts Happy Square Outsourcing Services in the upper half of its industry. The industry median Debt-to-EBITDA is 1.63. Happy Square Outsourcing Services' value of 0.76 is 53.4% below this benchmark. Historically, Happy Square Outsourcing Services' own Debt-to-EBITDA has ranged from 0.96 to 2.31 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 1.63, Happy Square Outsourcing Services 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 Business Services company?
The median Debt-to-EBITDA among Business Services companies is 1.63, based on 836 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. Happy Square Outsourcing Services's current Debt-to-EBITDA of 0.76 is 53.4% 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 Happy Square Outsourcing Services. For the Business Services industry, the median Debt-to-EBITDA is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Square Outsourcing Services's current Debt-to-EBITDA is 0.76, which is 52% below median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Square Outsourcing Services stock overvalued right now?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a current Debt-to-EBITDA of 0.76. The current Debt-to-EBITDA is 0.76, which is 52% below median its 10-year median of 1.59 and 53.4% below the Business Services industry median of 1.63. Happy Square Outsourcing Services' overall GF Score™ is 18/100 with 5 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 Happy Square Outsourcing Services (NSE:WHITEFORCE), the current Debt-to-EBITDA is 0.76 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.
Happy Square Outsourcing Services Business Description
Happy Square Outsourcing Services Ltd is a technology-based consulting firm, involved in tech-based human resource outsourcing business, which focuses on end-to-end solutions. It offers a wide array of services such as Recruitment, Payroll, Onboarding, and flexible staffing. Its comprehensive network, structured processes, professionalism, and work ethics ensure that the company remains at the top on the domestic scale. The company satisfies firms' staffing and recruitment needs in India through its specialized, rich knowledge.
18GF Score
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