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Country Condo's (NSE:COUNCODOS) Debt-to-EBITDA : 1.30 (As of Sep. 2024)


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What is Country Condo's Debt-to-EBITDA?

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

Country Condo's's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹15.1 Mil. Country Condo's's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹0.1 Mil. Country Condo's's annualized EBITDA for the quarter that ended in Sep. 2024 was ₹11.7 Mil. Country Condo's's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 1.30.

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

NSE:COUNCODOS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.55   Max: 1.3
Current: 1.22

During the past 13 years, the highest Debt-to-EBITDA Ratio of Country Condo's was 1.30. The lowest was 0.03. And the median was 0.55.

NSE:COUNCODOS's Debt-to-EBITDA is ranked better than
84.08% of 1225 companies
in the Real Estate industry
Industry Median: 6.13 vs NSE:COUNCODOS: 1.22

Country Condo's Debt-to-EBITDA Historical Data

The historical data trend for Country Condo's'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.

Country Condo's Debt-to-EBITDA Chart

Country Condo's Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.29 0.03 1.30 0.86

Country Condo's Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.41 - 2.43 - 1.30

Competitive Comparison of Country Condo's's Debt-to-EBITDA

For the Real Estate - Development subindustry, Country Condo's'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.


Country Condo's's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Country Condo's Debt-to-EBITDA Calculation

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

Country Condo's's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(19.007 + 0.459) / 22.537
=0.86

Country Condo's's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(15.09 + 0.117) / 11.696
=1.30

* 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. 2024) EBITDA data.


Country Condo's  (NSE:COUNCODOS) 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.


Country Condo's Debt-to-EBITDA Related Terms

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


Country Condo's Business Description

Traded in Other Exchanges
Address
No. 7-1-19/3, 1st Floor, I. S. R. Complex, Kundanbagh, Begumpet, Hyderabad, TG, IND, 500016
Country Condo's Ltd is engaged in the provision of real estate operations. The firm's real estate operations consist of procurement of land banks across the country, developing them into residential layouts with all amenities including a clubhouse, and selling them in plots to customers. It also undertakes allied activities of construction of compound walls in the developed layouts. The firm is also focused on undertaking the construction and sale of Condos. The company generates revenue from the sale of plots.

Country Condo's Headlines

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