C & C Constructions (NSE:CANDC) Debt-to-EBITDA : -19.95 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is C & C Constructions Debt-to-EBITDA?

C & C Constructions NSE:CANDC Debt-to-EBITDA is -19.95 as of Mar. 2026. The stock has 3 warning signs investors should review.

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

C & C Constructions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹18,781.3 Mil. C & C Constructions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹0.0 Mil. C & C Constructions's annualized EBITDA for the quarter that ended in Mar. 2026 was ₹-941.2 Mil. C & C Constructions's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -19.95.

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 C & C Constructions's Debt-to-EBITDA or its related term are showing as below:

NSE:CANDC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1250.55   Med: -82.57   Max: 759.03
Current: -101.71

During the past 13 years, the highest Debt-to-EBITDA Ratio of C & C Constructions was 759.03. The lowest was -1250.55. And the median was -82.57.

NSE:CANDC's Debt-to-EBITDA is not ranked
in the Construction industry.
Industry Median: 2.15 vs NSE:CANDC: -101.71

C & C Constructions  (NSE:CANDC) 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.


C & C Constructions Debt-to-EBITDA Related Terms


C & C Constructions Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for C & C Constructions'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.

C & C Constructions Debt-to-EBITDA Chart

C & C Constructions Annual Data
Trend Mar16 Mar17 Mar18 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -278.81 -62.91 -1,250.55 -82.57 -101.71

C & C Constructions Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 111.82 0.00 -559.64 0.00 -19.95

C & C Constructions Debt-to-EBITDA Competitor Comparison

For the Engineering & Construction subindustry, C & C Constructions'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.


C & C Constructions Debt-to-EBITDA vs Construction Industry

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

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



C & C Constructions Debt-to-EBITDA Calculation

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

C & C Constructions's Debt-to-EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(18781.34 + 0) / -184.65
=-101.71

C & C Constructions's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(18781.34 + 0) / -941.24
=-19.95

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -19.95 mean?
C & C Constructions (NSE:CANDC) has a Debt-to-EBITDA of -19.95 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on C & C Constructions.
Is C & C Constructions' Debt-to-EBITDA too high?
C & C Constructions' current Debt-to-EBITDA is -19.95.
How does C & C Constructions' Debt-to-EBITDA compare to competitors?
C & C Constructions' Debt-to-EBITDA of -19.95 can be compared against companies in the Construction industry. The industry median Debt-to-EBITDA is 2.15. 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 2.15, 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 C & C Constructions. For the Construction industry, the median Debt-to-EBITDA is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C & C Constructions's current Debt-to-EBITDA is -19.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C & C Constructions stock overvalued right now?
C & C Constructions (NSE:CANDC) has a current Debt-to-EBITDA of -19.95. The current Debt-to-EBITDA is -19.95. 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 C & C Constructions (NSE:CANDC), the current Debt-to-EBITDA is -19.95 as of Mar. 2026. 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.

C & C Constructions Business Description

Address Plot No. 70, Sector 32, Gurgaon, HR, IND, 122001
C & C Constructions Ltd is involved in the construction and maintenance of motorways, streets, roads, other vehicular and pedestrian ways, highways, bridges, tunnels, and subways. The company offers its services in roads and highways; power/telecom transmission towers; commercial buildings; water supply and sanitation, sewerage; rail infrastructure, and urban infrastructure. It is involved in road and highway projects, such as state and national highways, city roads, bridges and culverts, highway safety systems, and operation and maintenance; telecom and transmission projects, such as optical fiber cable etc. It is also engaged in rail infrastructure projects and development of commercial buildings.