Construtora Tenda (BSP:TEND3) Debt-to-EBITDA : 5.63 (As of Dec. 2023)

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What is Construtora Tenda Debt-to-EBITDA?

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

Construtora Tenda's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$393 Mil. Construtora Tenda's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$830 Mil. Construtora Tenda's annualized EBITDA for the quarter that ended in Dec. 2023 was R$217 Mil. Construtora Tenda's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 5.63.

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 Construtora Tenda's Debt-to-EBITDA or its related term are showing as below:

BSP:TEND3' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -121.59 Med: 1.87 Max: 6.76
Current: 6.76

During the past 13 years, the highest Debt-to-EBITDA Ratio of Construtora Tenda was 6.76. The lowest was -121.59. And the median was 1.87.

BSP:TEND3's Debt-to-EBITDA is ranked worse than
55.21% of 1268 companies
in the Real Estate industry
Industry Median: 5.61 vs BSP:TEND3: 6.76

Construtora Tenda Debt-to-EBITDA Historical Data

The historical data trend for Construtora Tenda'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.

Construtora Tenda Debt-to-EBITDA Chart

Construtora Tenda Annual Data

Trend

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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2.40

3.87

-121.59

-7.01

6.76

Construtora Tenda Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															-5.35	8.43	9.20	6.65	5.63

Competitive Comparison of Construtora Tenda's Debt-to-EBITDA

For the Real Estate - Development subindustry, Construtora Tenda'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.

Construtora Tenda's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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

Construtora Tenda Debt-to-EBITDA Calculation

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

Construtora Tenda'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
	=	(392.635	+	830.158)	/	181.006
	=	6.76

Construtora Tenda'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
	=	(392.635	+	830.158)	/	217.076
	=	5.63

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 (Dec. 2023) EBITDA data.

Construtora Tenda (BSP:TEND3) 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.

Construtora Tenda Debt-to-EBITDA Related Terms

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

Construtora Tenda (BSP:TEND3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Construtora Tenda SA (BSP:TEND3) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

Rua Boa Vista, 280, Sao Paulo, SP, BRA, 01010-001

Website

https://www.tenda.com

Construtora Tenda SA is engaged in the performance of general construction works, real estate development, real estate purchase, and sale, the provision of general construction management services, the intermediation of the sale of consortium shares, and the holding of interests in other companies. The SPEs are exclusively engaged in real estate operations and are linked to specific projects. The company concentrates its activities in nine metropolitan regions of Brazil, uniquely operating within bracket 2 of the Casa Verde e Amarela federal government housing program. The company focuses on affordable housing which allows it to pursue scale gains and continuous improvement. It has a single SKU for no-elevator buildings.

Construtora Tenda (BSP:TEND3) Headlines

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