GURUFOCUS.COM » STOCK LIST » Technology » Software » Syntel Inc (NAS:SYNT) » Definitions » Debt-to-EBITDA

Syntel (Syntel) Debt-to-EBITDA : 1.09 (As of Jun. 2018)


View and export this data going back to 1997. Start your Free Trial

What is Syntel Debt-to-EBITDA?

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

Syntel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $28.0 Mil. Syntel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $239.5 Mil. Syntel's annualized EBITDA for the quarter that ended in Jun. 2018 was $244.8 Mil. Syntel's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2018 was 1.09.

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

SYNT's Debt-to-EBITDA is not ranked *
in the Software industry.
Industry Median: 1.04
* Ranked among companies with meaningful Debt-to-EBITDA only.

Syntel Debt-to-EBITDA Historical Data

The historical data trend for Syntel'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.

Syntel Debt-to-EBITDA Chart

Syntel Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.41 0.38 1.71 1.42

Syntel Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 1.75 1.50 1.21 1.01 1.09

Competitive Comparison of Syntel's Debt-to-EBITDA

For the Information Technology Services subindustry, Syntel'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.


Syntel's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Syntel's Debt-to-EBITDA distribution charts can be found below:

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



Syntel Debt-to-EBITDA Calculation

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

Syntel's Debt-to-EBITDA for the fiscal year that ended in Dec. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(24.268 + 334.446) / 252.239
=1.42

Syntel's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(27.974 + 239.548) / 244.792
=1.09

* 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 (Jun. 2018) EBITDA data.


Syntel  (NAS:SYNT) 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.


Syntel Debt-to-EBITDA Related Terms

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


Syntel (Syntel) Business Description

Traded in Other Exchanges
N/A
Address
Syntel is a global provider of digital transformation, information technology, and knowledge process. The company earns approximately half of its revenue from customers in the banking and financial services industry. Syntel provides a broad range of technology solutions to its customers, including managed IT services, digital one, and KPO services. Managed services provides complete software applications development, maintenance, digital modernization, IT infrastructure, cloud, and migration services. Syntel's Digital One service line provides a range of consulting and implementation services built around enterprise architecture, data warehousing and business intelligence, enterprise application integration, web and mobile applications, and "Internet of Things".
Executives
Bharat Desai director, 10 percent owner, officer: Co-Chairman 2800, SUITE 300, BLOOMFIELD MI 48304
Neerja Sethi director, 10 percent owner 2800, SUITE 300, BLOOMFIELD MI 48304
Prashant Ranade director, officer: Co-Chairman 507 PLYMOUTH AVENUE, NE, GRAND RAPIDS MI 49505
Mrkonic George R Jr director C/O BORDERS GROUP INC, 100 PHOENIX DRIVE, ANN ARBOR MI 48108

Syntel (Syntel) Headlines

From GuruFocus

Syntel enters definitive agreement to be acquired by Atos S.E.

By GlobeNewswire GlobeNewswire 07-22-2018

Syntel to Present at Investor Conference

By Marketwired Marketwired 05-29-2018

Interim CEO Invests in IT Company

By Jennifer Chiou Jennifer Chiou 12-07-2016

Insiders Are Investing in Syntel

By Kyle Ferguson Kyle Ferguson 04-27-2017

Gurus Find Hot Information Technology Stocks

By James Li James Li 06-10-2016

Syntel Inc. Reports Operating Results (10-K)

By gurufocus 10qk 03-03-2011