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Novus Properties (XMAU:NOV) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Novus Properties Debt-to-EBITDA?

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

Novus Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was MUR0.00 Mil. Novus Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was MUR0.00 Mil. Novus Properties's annualized EBITDA for the quarter that ended in Mar. 2024 was MUR13.16 Mil. Novus Properties's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.00.

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 Novus Properties's Debt-to-EBITDA or its related term are showing as below:

XMAU:NOV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.09   Med: 3.48   Max: 5.53
Current: 2.27

During the past 9 years, the highest Debt-to-EBITDA Ratio of Novus Properties was 5.53. The lowest was 2.09. And the median was 3.48.

XMAU:NOV's Debt-to-EBITDA is ranked better than
75.66% of 1249 companies
in the Real Estate industry
Industry Median: 6.02 vs XMAU:NOV: 2.27

Novus Properties Debt-to-EBITDA Historical Data

The historical data trend for Novus Properties'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.

Novus Properties Debt-to-EBITDA Chart

Novus Properties Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 5.27 5.18 5.53 4.30 2.18

Novus Properties Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 - - 0.77 - -

Competitive Comparison of Novus Properties's Debt-to-EBITDA

For the Real Estate Services subindustry, Novus Properties'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.


Novus Properties's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Novus Properties Debt-to-EBITDA Calculation

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

Novus Properties's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 59) / 27.033
=2.18

Novus Properties's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

* 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. 2024) EBITDA data.


Novus Properties  (XMAU:NOV) 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.


Novus Properties Debt-to-EBITDA Related Terms

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


Novus Properties (XMAU:NOV) Business Description

Traded in Other Exchanges
N/A
Address
Le Caudan Waterfront, 6th/7th Floor, Dias Pier Building, Port Louis, MUS, 11307
Novus Properties Ltd is engaged in acquiring, investing, and holding an investment in real estate located in Mauritius. It invests mainly in the Offices and Light Industrial sectors. The company generates the majority revenue from the rental income.

Novus Properties (XMAU:NOV) Headlines