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Atlas Cycles (Haryana) (BOM:505029) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Atlas Cycles (Haryana) Debt-to-EBITDA?

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

Atlas Cycles (Haryana)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Atlas Cycles (Haryana)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Atlas Cycles (Haryana)'s annualized EBITDA for the quarter that ended in Dec. 2023 was ₹-92.64 Mil. Atlas Cycles (Haryana)'s annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 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 Atlas Cycles (Haryana)'s Debt-to-EBITDA or its related term are showing as below:

BOM:505029' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.88   Med: 2.58   Max: 158.35
Current: -2.41

During the past 13 years, the highest Debt-to-EBITDA Ratio of Atlas Cycles (Haryana) was 158.35. The lowest was -8.88. And the median was 2.58.

BOM:505029's Debt-to-EBITDA is not ranked
in the Travel & Leisure industry.
Industry Median: 2.855 vs BOM:505029: -2.41

Atlas Cycles (Haryana) Debt-to-EBITDA Historical Data

The historical data trend for Atlas Cycles (Haryana)'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.

Atlas Cycles (Haryana) Debt-to-EBITDA Chart

Atlas Cycles (Haryana) Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.56 -1.33 1.36 -0.29 -0.35

Atlas Cycles (Haryana) Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 -0.28 - - -1.41 -

Competitive Comparison of Atlas Cycles (Haryana)'s Debt-to-EBITDA

For the Leisure subindustry, Atlas Cycles (Haryana)'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.


Atlas Cycles (Haryana)'s Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Atlas Cycles (Haryana)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Atlas Cycles (Haryana)'s Debt-to-EBITDA falls into.



Atlas Cycles (Haryana) Debt-to-EBITDA Calculation

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

Atlas Cycles (Haryana)'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
=(90 + 0) / -254.654
=-0.35

Atlas Cycles (Haryana)'s annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -92.644
=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 (Dec. 2023) EBITDA data.


Atlas Cycles (Haryana)  (BOM:505029) 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.


Atlas Cycles (Haryana) Debt-to-EBITDA Related Terms

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


Atlas Cycles (Haryana) (BOM:505029) Business Description

Traded in Other Exchanges
N/A
Address
Atlas Road, Industrial Area, Sonepat, HR, IND, 131001
Atlas Cycles (Haryana) Ltd is an Indian cycling company. The firm is engaged in the manufacturing of bicycles and their components and steel tubes. The company offers a range of bicycles, such as mountain bikes, all-terrain bikes, roadsters, and children's bikes. It earns key revenue from domestic sales and also exports products overseas.

Atlas Cycles (Haryana) (BOM:505029) Headlines

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