CLRC (Greenrock) Debt-to-EBITDA : -1.83 (As of Jun. 2024)

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What is Greenrock Debt-to-EBITDA?

Greenrock CLRC Debt-to-EBITDA is -1.83 as of Jun. 2024.

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

Greenrock's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $2.98 Mil. Greenrock's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil. Greenrock's annualized EBITDA for the quarter that ended in Jun. 2024 was $-1.62 Mil. Greenrock's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -1.83.

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

CLRC's Debt-to-EBITDA is not ranked *
in the Construction industry.
Industry Median: 2.19
* Ranked among companies with meaningful Debt-to-EBITDA only.

Greenrock  (NAS:CLRC) 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.

Greenrock Debt-to-EBITDA Related Terms

Greenrock Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Greenrock'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.

Greenrock Debt-to-EBITDA Chart

Greenrock Annual Data
Trend Dec23
Debt-to-EBITDA
N/A

Greenrock Semi-Annual Data
Dec23 Jun24
Debt-to-EBITDA N/A -1.83

CLRC vs : Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, Greenrock'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.

Greenrock Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Greenrock's Debt-to-EBITDA distribution charts can be found below:

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


Greenrock Debt-to-EBITDA Calculation

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

Greenrock'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
=(0.886 + 0) / N/A
=N/A

Greenrock's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.977 + 0) / -1.624
=-1.83

* 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 two times the quarterly (Jun. 2024) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -1.83 mean?
Greenrock (CLRC) has a Debt-to-EBITDA of -1.83 as of Jun. 2024. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Greenrock.
Is Greenrock's Debt-to-EBITDA too high?
Greenrock's current Debt-to-EBITDA is -1.83.
How does Greenrock's Debt-to-EBITDA compare to ?
Greenrock's Debt-to-EBITDA of -1.83 can be compared against companies in the Construction industry. The industry median Debt-to-EBITDA is 2.19. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Construction company?
The median Debt-to-EBITDA among Construction companies is 2.19, based on 1,404 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Greenrock. For the Construction industry, the median Debt-to-EBITDA is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenrock's current Debt-to-EBITDA is -1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenrock stock overvalued right now?
Greenrock (CLRC) has a current Debt-to-EBITDA of -1.83. The current Debt-to-EBITDA is -1.83. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Greenrock (CLRC), the current Debt-to-EBITDA is -1.83 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Greenrock Business Description

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Address 25 Bedford Square, London, GBR, WC1B 3HH
Greenrock Corp is an independent energy company specializing in solar photovoltaic, wind power and other renewable energy projects. Known for its expertise in developing and operationalizing large-scale renewable energy projects, GreenRock has a track record in delivering comprehensive turnkey solutions, including greenfield development, technical design, construction, and operation. Emphasizing innovation, it is expanding its focus to include green hydrogen production, aligning with global trends in renewable energy.