Modis Navnirman (BOM:543539) Debt-to-EBITDA : 0.56 (As of Mar. 2024)

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What is Modis Navnirman Debt-to-EBITDA?

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

Modis Navnirman's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Modis Navnirman's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹57.9 Mil. Modis Navnirman's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹103.6 Mil. Modis Navnirman's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.56.

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

BOM:543539' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.64 Med: 0.93 Max: 17.34
Current: 0.64

During the past 5 years, the highest Debt-to-EBITDA Ratio of Modis Navnirman was 17.34. The lowest was 0.64. And the median was 0.93.

BOM:543539's Debt-to-EBITDA is ranked better than
88.3% of 1256 companies
in the Real Estate industry
Industry Median: 6.075 vs BOM:543539: 0.64

Modis Navnirman Debt-to-EBITDA Historical Data

The historical data trend for Modis Navnirman'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.

Modis Navnirman Debt-to-EBITDA Chart

Modis Navnirman Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

1.14

0.93

17.34

0.80

0.64

Modis Navnirman Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	0.28	0.79	1.70	0.56

Competitive Comparison of Modis Navnirman's Debt-to-EBITDA

For the Real Estate - Development subindustry, Modis Navnirman'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.

Modis Navnirman's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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

Modis Navnirman Debt-to-EBITDA Calculation

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

Modis Navnirman's Debt-to-EBITDA for the fiscal year 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	+	57.865)	/	90.803
	=	0.64

Modis Navnirman'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	+	57.865)	/	103.648
	=	0.56

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 (Mar. 2024) EBITDA data.

Modis Navnirman (BOM:543539) 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.

Modis Navnirman Debt-to-EBITDA Related Terms

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

Modis Navnirman Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Modis Navnirman Ltd (BOM:543539) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

M G Road, Shop No. 1, Rashmi Heights, Opposite Kamla Nagar, Kandivali (West), Mumbai, MH, IND, 400067

Website

https://www.modisnirman.com

Modis Navnirman Ltd is engaged in the real estate sector. It focuses on the mid-market and affordable housing categories as its target segment within the residential housing market. The company's projects are located in the western suburbs of Mumbai specifically in and around the areas of Borivali, Kandivali, Malad and Goregaon. The company projects are Rashmi Enclave, Badshah Residency, Rashmi Jewel, Rashmi Terrace and others.

Modis Navnirman Headlines

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