Veer Global Infraconstruction (BOM:543241) Debt-to-EBITDA : 0.26 (As of Sep. 2023)

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What is Veer Global Infraconstruction Debt-to-EBITDA?

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

Veer Global Infraconstruction's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.0 Mil. Veer Global Infraconstruction's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹3.2 Mil. Veer Global Infraconstruction's annualized EBITDA for the quarter that ended in Sep. 2023 was ₹12.0 Mil. Veer Global Infraconstruction's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.26.

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 Veer Global Infraconstruction's Debt-to-EBITDA or its related term are showing as below:

BOM:543241' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.24 Med: 0.63 Max: 7.79
Current: 0.24

During the past 6 years, the highest Debt-to-EBITDA Ratio of Veer Global Infraconstruction was 7.79. The lowest was 0.24. And the median was 0.63.

BOM:543241's Debt-to-EBITDA is ranked better than
92.89% of 1265 companies
in the Real Estate industry
Industry Median: 5.76 vs BOM:543241: 0.24

Veer Global Infraconstruction Debt-to-EBITDA Historical Data

The historical data trend for Veer Global Infraconstruction'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.

Veer Global Infraconstruction Debt-to-EBITDA Chart

Veer Global Infraconstruction Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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5.94

0.60

0.66

0.31

0.34

Veer Global Infraconstruction Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial					22.40	0.32	20.96	0.26	0.26

Competitive Comparison of Veer Global Infraconstruction's Debt-to-EBITDA

For the Real Estate - Development subindustry, Veer Global Infraconstruction'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.

Veer Global Infraconstruction's Debt-to-EBITDA Distribution in the Real Estate Industry

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

* The bar in red indicates where Veer Global Infraconstruction's Debt-to-EBITDA falls into.

Veer Global Infraconstruction Debt-to-EBITDA Calculation

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

Veer Global Infraconstruction's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	3.594)	/	10.721
	=	0.34

Veer Global Infraconstruction's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	3.172)	/	12.016
	=	0.26

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 (Sep. 2023) EBITDA data.

Veer Global Infraconstruction (BOM:543241) 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.

Veer Global Infraconstruction Debt-to-EBITDA Related Terms

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

Veer Global Infraconstruction (BOM:543241) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Veer Global Infraconstruction Ltd (BOM:543241) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

A-01 Shalibhadra Classic, 100 feet Link Road, Near Union Bank of India, Nalasopara East, Thane, MH, IND, 401 209

Website

http://www.veergloballtd.com

Veer Global Infraconstruction Ltd is engaged in the construction business, such as location identification, acquisition, project planning, designing, and development. Its business divisions include residential projects, business and retail properties, Integrated Townships, and Commercials Plaza.

Veer Global Infraconstruction (BOM:543241) Headlines

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