Dimand Real Estate Development (ATH:DIMAND) Debt-to-EBITDA : 5.02 (As of Dec. 2023)

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What is Dimand Real Estate Development Debt-to-EBITDA?

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

Dimand Real Estate Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €43.89 Mil. Dimand Real Estate Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €37.58 Mil. Dimand Real Estate Development's annualized EBITDA for the quarter that ended in Dec. 2023 was €16.23 Mil. Dimand Real Estate Development's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 5.02.

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 Dimand Real Estate Development's Debt-to-EBITDA or its related term are showing as below:

ATH:DIMAND' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.87 Med: 5.11 Max: 7.28
Current: 4.28

During the past 4 years, the highest Debt-to-EBITDA Ratio of Dimand Real Estate Development was 7.28. The lowest was 1.87. And the median was 5.11.

ATH:DIMAND's Debt-to-EBITDA is ranked better than
60.42% of 1253 companies
in the Real Estate industry
Industry Median: 5.98 vs ATH:DIMAND: 4.28

Dimand Real Estate Development Debt-to-EBITDA Historical Data

The historical data trend for Dimand Real Estate Development'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.

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Dimand Real Estate Development Debt-to-EBITDA Chart

Dimand Real Estate Development Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

1.87

5.94

7.28

4.28

Dimand Real Estate Development Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	-	16.49	2.66	5.02

Competitive Comparison of Dimand Real Estate Development's Debt-to-EBITDA

For the Real Estate - Development subindustry, Dimand Real Estate Development'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.

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

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

* The bar in red indicates where Dimand Real Estate Development's Debt-to-EBITDA falls into.

Dimand Real Estate Development Debt-to-EBITDA Calculation

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

Dimand Real Estate Development'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
	=	(43.892	+	37.581)	/	19.06
	=	4.27

Dimand Real Estate Development'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
	=	(43.892	+	37.581)	/	16.226
	=	5.02

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 two times the quarterly (Dec. 2023) EBITDA data.

Dimand Real Estate Development (ATH:DIMAND) 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.

Dimand Real Estate Development Debt-to-EBITDA Related Terms

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

Dimand Real Estate Development (ATH:DIMAND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dimand Real Estate Development (ATH:DIMAND) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

MW8:Germany

Address

115 Neratziotissis Street, Maroussi, GRC, GR 151 24

Website

https://www.dimand.gr

Dimand Real Estate Development is a real estate developer and exploration of real estate and construction, services, and holdings. The Group separately monitors the segments that are Real estate-related services segment.

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