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Nirvana Development PCL (BKK:NVD) Debt-to-EBITDA : 34.23 (As of Mar. 2024)


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What is Nirvana Development PCL Debt-to-EBITDA?

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

Nirvana Development PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿2,606 Mil. Nirvana Development PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿5,500 Mil. Nirvana Development PCL's annualized EBITDA for the quarter that ended in Mar. 2024 was ฿237 Mil. Nirvana Development PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 34.23.

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 Nirvana Development PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:NVD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.91   Med: 13.66   Max: 27.21
Current: 19.96

During the past 10 years, the highest Debt-to-EBITDA Ratio of Nirvana Development PCL was 27.21. The lowest was 0.91. And the median was 13.66.

BKK:NVD's Debt-to-EBITDA is ranked worse than
85.52% of 1264 companies
in the Real Estate industry
Industry Median: 5.9 vs BKK:NVD: 19.96

Nirvana Development PCL Debt-to-EBITDA Historical Data

The historical data trend for Nirvana Development PCL'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.

Nirvana Development PCL Debt-to-EBITDA Chart

Nirvana Development PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.65 26.51 7.40 13.66 19.13

Nirvana Development PCL 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 26.42 39.99 23.56 8.86 34.23

Competitive Comparison of Nirvana Development PCL's Debt-to-EBITDA

For the Real Estate Services subindustry, Nirvana Development PCL'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.


Nirvana Development PCL's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Nirvana Development PCL's Debt-to-EBITDA distribution charts can be found below:

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



Nirvana Development PCL Debt-to-EBITDA Calculation

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

Nirvana Development PCL's Debt-to-EBITDA for the fiscal year 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
=(2559.281 + 5340.515) / 412.86
=19.13

Nirvana Development PCL'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
=(2606.095 + 5499.539) / 236.78
=34.23

* 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.


Nirvana Development PCL  (BKK:NVD) 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.


Nirvana Development PCL Debt-to-EBITDA Related Terms

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


Nirvana Development PCL (BKK:NVD) Business Description

Traded in Other Exchanges
N/A
Address
343/351 Prasert Manukit Road, Nuanchan Sub-district, Buengkum District, Bangkok, THA, 10230
Nirvana Development PCL is engaged in the development of real estate for sale, construction services, and distribution of precast concrete products in Thailand. The operating business segments of the company are Real estate, Construction Services, and Others. The Real estate segment generates the majority of the revenue for the company.

Nirvana Development PCL (BKK:NVD) Headlines