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Comprehensive Land Development and Investment (AMM:ATTA) Debt-to-EBITDA : 2.74 (As of Mar. 2024)


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What is Comprehensive Land Development and Investment Debt-to-EBITDA?

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

Comprehensive Land Development and Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD0.58 Mil. Comprehensive Land Development and Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD0.26 Mil. Comprehensive Land Development and Investment's annualized EBITDA for the quarter that ended in Mar. 2024 was JOD0.31 Mil. Comprehensive Land Development and Investment's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.74.

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 Comprehensive Land Development and Investment's Debt-to-EBITDA or its related term are showing as below:

AMM:ATTA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -16.26   Med: -3.79   Max: 17.11
Current: 8.53

During the past 13 years, the highest Debt-to-EBITDA Ratio of Comprehensive Land Development and Investment was 17.11. The lowest was -16.26. And the median was -3.79.

AMM:ATTA's Debt-to-EBITDA is ranked worse than
62.65% of 1253 companies
in the Real Estate industry
Industry Median: 5.98 vs AMM:ATTA: 8.53

Comprehensive Land Development and Investment Debt-to-EBITDA Historical Data

The historical data trend for Comprehensive Land Development and 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.

Comprehensive Land Development and Investment Debt-to-EBITDA Chart

Comprehensive Land Development and Investment 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 - N/A - 2.16 17.11

Comprehensive Land Development and 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 10.04 5.44 -8.84 46.33 2.74

Competitive Comparison of Comprehensive Land Development and Investment's Debt-to-EBITDA

For the Real Estate - Diversified subindustry, Comprehensive Land Development and 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.


Comprehensive Land Development and Investment's Debt-to-EBITDA Distribution in the Real Estate Industry

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

* The bar in red indicates where Comprehensive Land Development and Investment's Debt-to-EBITDA falls into.



Comprehensive Land Development and Investment Debt-to-EBITDA Calculation

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

Comprehensive Land Development and Investment'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
=(0.852 + 0.26) / 0.065
=17.11

Comprehensive Land Development and 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
=(0.584 + 0.26) / 0.308
=2.74

* 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.


Comprehensive Land Development and Investment  (AMM:ATTA) 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.


Comprehensive Land Development and Investment Debt-to-EBITDA Related Terms

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


Comprehensive Land Development and Investment (AMM:ATTA) Business Description

Traded in Other Exchanges
N/A
Address
Kilo Circle, Mecca Street, P.O. Box 739, Al-Mutakamelah Building, No.146, 1st Floor, Office No. 106, Amman, JOR, 11118
Website
Comprehensive Land Development and Investment is engaged in the development, purchase, sale, brokerage, and lease of real estate properties. The company develops housing, commercial, industrial, and agricultural projects. It is also involved in real estate agency and mortgage activities. The company generates all its revenue from investments in real-estates within the Hashemite Kingdom of Jordan.

Comprehensive Land Development and Investment (AMM:ATTA) Headlines

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