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SDHC (Smith Douglas Homes) Debt-to-EBITDA : 0.08 (As of Sep. 2024)


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What is Smith Douglas Homes Debt-to-EBITDA?

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

Smith Douglas Homes's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.0 Mil. Smith Douglas Homes's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $12.9 Mil. Smith Douglas Homes's annualized EBITDA for the quarter that ended in Sep. 2024 was $162.5 Mil. Smith Douglas Homes's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.08.

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 Smith Douglas Homes's Debt-to-EBITDA or its related term are showing as below:

SDHC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.11   Med: 0.75   Max: 1.14
Current: 0.11

During the past 3 years, the highest Debt-to-EBITDA Ratio of Smith Douglas Homes was 1.14. The lowest was 0.11. And the median was 0.75.

SDHC's Debt-to-EBITDA is ranked better than
95.58% of 1223 companies
in the Real Estate industry
Industry Median: 6.18 vs SDHC: 0.11

Smith Douglas Homes Debt-to-EBITDA Historical Data

The historical data trend for Smith Douglas Homes'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.

Smith Douglas Homes Debt-to-EBITDA Chart

Smith Douglas Homes Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
1.14 0.14 0.75

Smith Douglas Homes Quarterly Data
Dec21 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 0.17 0.77 0.22 0.16 0.08

Competitive Comparison of Smith Douglas Homes's Debt-to-EBITDA

For the Real Estate - Development subindustry, Smith Douglas Homes'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.


Smith Douglas Homes's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Smith Douglas Homes Debt-to-EBITDA Calculation

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

Smith Douglas Homes'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 + 94.279) / 125.919
=0.75

Smith Douglas Homes'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
=(0 + 12.908) / 162.472
=0.08

* 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.


Smith Douglas Homes  (NYSE:SDHC) 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.


Smith Douglas Homes Debt-to-EBITDA Related Terms

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


Smith Douglas Homes Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
110 Village Trail, Suite 215, Woodstock, GA, USA, 30188
Smith Douglas Homes Corp is a company engaged in the design, construction, and sale of single-family homes in some of the highest growth and desirable markets in the Southeastern United States. The company has organized into five geographical segments so their reportable segments include Atlanta, Raleigh, Charlotte, Nashville, and Alabama which consists of both Birmingham and Huntsville.