CMM Infraprojects (NSE:CMMIPL) Debt-to-EBITDA : 2.45 (As of Mar. 2018)

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What is CMM Infraprojects Debt-to-EBITDA?

CMM Infraprojects NSE:CMMIPL Debt-to-EBITDA is 2.45 as of Mar. 2018.

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

CMM Infraprojects's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was ₹323 Mil. CMM Infraprojects's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was ₹137 Mil. CMM Infraprojects's annualized EBITDA for the quarter that ended in Mar. 2018 was ₹188 Mil. CMM Infraprojects's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2018 was 2.45.

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

NSE:CMMIPL's Debt-to-EBITDA is not ranked *
in the Construction industry.
Industry Median: 2.15
* Ranked among companies with meaningful Debt-to-EBITDA only.

CMM Infraprojects  (NSE:CMMIPL) 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.


CMM Infraprojects Debt-to-EBITDA Related Terms


CMM Infraprojects Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for CMM Infraprojects'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.

CMM Infraprojects Debt-to-EBITDA Chart

CMM Infraprojects Annual Data
Trend Mar15 Mar16 Mar17 Mar18
Debt-to-EBITDA
3.34 4.85 3.14 2.23

CMM Infraprojects Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18
Debt-to-EBITDA N/A N/A N/A 2.12 2.45

CMM Infraprojects Debt-to-EBITDA Competitor Comparison

For the Engineering & Construction subindustry, CMM Infraprojects'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.


CMM Infraprojects Debt-to-EBITDA vs Construction Industry

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

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



CMM Infraprojects Debt-to-EBITDA Calculation

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

CMM Infraprojects's Debt-to-EBITDA for the fiscal year that ended in Mar. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(323.142 + 137.043) / 206.119
=2.23

CMM Infraprojects's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(323.142 + 137.043) / 187.874
=2.45

* 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 (Mar. 2018) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.45 mean?
CMM Infraprojects (NSE:CMMIPL) has a Debt-to-EBITDA of 2.45 as of Mar. 2018. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on CMM Infraprojects.
Is CMM Infraprojects' Debt-to-EBITDA too high?
CMM Infraprojects' current Debt-to-EBITDA is 2.45. The Construction industry median Debt-to-EBITDA is 2.15. CMM Infraprojects' value of 2.45 is 14% above this industry median.
How does CMM Infraprojects' Debt-to-EBITDA compare to competitors?
CMM Infraprojects' Debt-to-EBITDA of 2.45 can be compared against companies in the Construction industry. The industry median Debt-to-EBITDA is 2.15. CMM Infraprojects' value of 2.45 is 14% above this benchmark. 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 1,403 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. CMM Infraprojects's current Debt-to-EBITDA of 2.45 is 14% above the industry median. 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 CMM Infraprojects. 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. CMM Infraprojects's current Debt-to-EBITDA is 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMM Infraprojects stock overvalued right now?
CMM Infraprojects (NSE:CMMIPL) has a current Debt-to-EBITDA of 2.45. The current Debt-to-EBITDA is 2.45 and 14% above the Construction industry median of 2.15. 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 CMM Infraprojects (NSE:CMMIPL), the current Debt-to-EBITDA is 2.45 as of Mar. 2018. 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.

CMM Infraprojects Business Description

Address 108, Shalimar Corporate Centre, 8-B South Tukoganj, Indore, MP, IND, 452001
CMM Infraprojects Ltd is engaged in civil engineering activities. It is an engineering and construction contractor in the fields of constructing public housing, commercial complexes, public parks, corporate & IT offices, sewerage & irrigation projects and highways. It has construction projects across the nation.