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Fincorp Investment (XMAU:FINC.N0000) Debt-to-EBITDA : 3.56 (As of Mar. 2024)


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What is Fincorp Investment Debt-to-EBITDA?

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

Fincorp Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was MUR0.00 Mil. Fincorp Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was MUR593.49 Mil. Fincorp Investment's annualized EBITDA for the quarter that ended in Mar. 2024 was MUR166.67 Mil. Fincorp Investment's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.56.

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 Fincorp Investment's Debt-to-EBITDA or its related term are showing as below:

XMAU:FINC.N0000' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.89   Med: 2.99   Max: 3.9
Current: 0.89

During the past 8 years, the highest Debt-to-EBITDA Ratio of Fincorp Investment was 3.90. The lowest was 0.89. And the median was 2.99.

XMAU:FINC.N0000's Debt-to-EBITDA is ranked better than
68.33% of 824 companies
in the Business Services industry
Industry Median: 1.92 vs XMAU:FINC.N0000: 0.89

Fincorp Investment Debt-to-EBITDA Historical Data

The historical data trend for Fincorp Investment'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.

Fincorp Investment Debt-to-EBITDA Chart

Fincorp Investment Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial 2.59 3.14 3.90 1.00 0.94

Fincorp Investment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.27 0.54 0.70 1.82 3.56

Competitive Comparison of Fincorp Investment's Debt-to-EBITDA

For the Rental & Leasing Services subindustry, Fincorp Investment'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.


Fincorp Investment's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Fincorp Investment's Debt-to-EBITDA distribution charts can be found below:

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



Fincorp Investment Debt-to-EBITDA Calculation

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

Fincorp Investment's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 705.397) / 754.199
=0.94

Fincorp Investment's annualized Debt-to-EBITDA for the quarter 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
=(0 + 593.489) / 166.668
=3.56

* 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. 2024) EBITDA data.


Fincorp Investment  (XMAU:FINC.N0000) 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.


Fincorp Investment Debt-to-EBITDA Related Terms

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


Fincorp Investment (XMAU:FINC.N0000) Business Description

Traded in Other Exchanges
N/A
Address
9-15 Sir William Newton Street, Fincorp Invsetment Centre, MCB Centre, Port Louis, MUS
Fincorp Investment Ltd invests in the financial services sector and provides both finance and operating leases for equipment and motor vehicles in Mauritius. The company offers finance and operating leasing solutions and takes deposit and invest in priority in the financial services sector.

Fincorp Investment (XMAU:FINC.N0000) Headlines

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