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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 Conrad Industries's Debt-to-EBITDA or its related term are showing as below:
CNRD's Debt-to-EBITDA is not ranked *
in the Aerospace & Defense industry.
Industry Median: 1.75 * Ranked among companies with meaningful Debt-to-EBITDA only.
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.
Conrad Industries Debt-to-EBITDA Related Terms
Conrad Industries Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Conrad Industries'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.
CNRD vs LLAP, OPXS, CVU: Debt-to-EBITDA Comparison
For the Aerospace & Defense subindustry, Conrad Industries'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.
Conrad Industries Debt-to-EBITDA vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Conrad Industries's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Conrad Industries's Debt-to-EBITDA falls into.
* 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 four times the quarterly (Sep. 2023) EBITDA data.
Conrad Industries (CNRD) has a Debt-to-EBITDA of -0.28 as of Sep. 2023. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Conrad Industries.
Is Conrad Industries' Debt-to-EBITDA too high?
Conrad Industries' current Debt-to-EBITDA is -0.28. Overall, Conrad Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Conrad Industries' Debt-to-EBITDA compare to LLAP and OPXS?
Conrad Industries' Debt-to-EBITDA of -0.28 can be compared against companies in the Aerospace & Defense industry. The industry median Debt-to-EBITDA is 1.75. 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 an Aerospace & Defense company?
The median Debt-to-EBITDA among Aerospace & Defense companies is 1.75, based on 253 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 Conrad Industries. For the Aerospace & Defense industry, the median Debt-to-EBITDA is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Conrad Industries's current Debt-to-EBITDA is -0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conrad Industries stock overvalued right now?
Conrad Industries (CNRD) has a current Debt-to-EBITDA of -0.28. The current Debt-to-EBITDA is -0.28. Conrad Industries' overall GF Score™ is 12/100. 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 Conrad Industries (CNRD), the current Debt-to-EBITDA is -0.28 as of Sep. 2023. 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.
Conrad Industries Inc is engaged in the construction, repair, and conversion of steel and aluminum marine vessels for commercial and governmental customers. The firm's business activities are conducted through the Vessel Construction and Repair and Conversions segments. It generates maximum revenue from the Vessel Construction segment. The Vessel Construction segment involves the building of a new vessel, often including engineering and design. The Repair and Conversions segment comprises work on an existing vessel.
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