Max Estates (BOM:544008) Debt-to-EBITDA : 14.70 (As of Mar. 2024)

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What is Max Estates Debt-to-EBITDA?

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

Max Estates's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹944.6 Mil. Max Estates's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹8,673.0 Mil. Max Estates's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹654.3 Mil. Max Estates's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 14.70.

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

BOM:544008' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -140.95 Med: 9.06 Max: 1647.13
Current: 1647.13

During the past 5 years, the highest Debt-to-EBITDA Ratio of Max Estates was 1647.13. The lowest was -140.95. And the median was 9.06.

BOM:544008's Debt-to-EBITDA is ranked worse than
100% of 1253 companies
in the Real Estate industry
Industry Median: 5.98 vs BOM:544008: 1647.13

Max Estates Debt-to-EBITDA Historical Data

The historical data trend for Max Estates'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.

Max Estates Debt-to-EBITDA Chart

Max Estates Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

-48.92

-140.95

9.06

15.50

1,483.96

Max Estates Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial						16.56	-6.25	30.68	-	14.70

Competitive Comparison of Max Estates's Debt-to-EBITDA

For the Real Estate - Development subindustry, Max Estates'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.

Max Estates's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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

Max Estates Debt-to-EBITDA Calculation

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

Max Estates'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
	=	(944.595	+	8672.965)	/	6.481
	=	1,483.96

Max Estates'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
	=	(944.595	+	8672.965)	/	654.34
	=	14.70

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.

Max Estates (BOM:544008) 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.

Max Estates Debt-to-EBITDA Related Terms

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

Max Estates (BOM:544008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Max Estates Ltd (BOM:544008) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

MAXESTATES:India

Address

Plot No C 001/A, Sector 16B, Max Towers L 15, Noida, UP, IND, 201301

Website

https://www.maxestates.in

Max Estates Ltd is engaged in the business of real estate development. The company has paid close attention to creating a confluence of spaces that enable collaboration, innovation and community, that are not just functional and aesthetically pleasing, but environmentally sustainable, and designed to promote the holistic wellness of its users. The company involves Residential and Commercial Projects.

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