GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Cyrela Brazil Realty SA Empreend e Part (OTCPK:CYRBY) » Definitions » Debt-to-EBITDA

Cyrela Brazil Realty Empreend e Part (Cyrela Brazil Realty Empreend e Part) Debt-to-EBITDA

: 2.75 (As of Dec. 2023)
View and export this data going back to 2004. Start your Free Trial

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

Cyrela Brazil Realty Empreend e Part's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $287 Mil. Cyrela Brazil Realty Empreend e Part's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $766 Mil. Cyrela Brazil Realty Empreend e Part's annualized EBITDA for the quarter that ended in Dec. 2023 was $382 Mil. Cyrela Brazil Realty Empreend e Part's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.75.

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 Cyrela Brazil Realty Empreend e Part's Debt-to-EBITDA or its related term are showing as below:

CYRBY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.12   Med: 3.22   Max: 9.27
Current: 2.97

During the past 13 years, the highest Debt-to-EBITDA Ratio of Cyrela Brazil Realty Empreend e Part was 9.27. The lowest was 1.12. And the median was 3.22.

CYRBY's Debt-to-EBITDA is ranked worse than
55.17% of 87 companies
in the Homebuilding & Construction industry
Industry Median: 2.69 vs CYRBY: 2.97

Cyrela Brazil Realty Empreend e Part Debt-to-EBITDA Historical Data

The historical data trend for Cyrela Brazil Realty Empreend e Part'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.

Cyrela Brazil Realty Empreend e Part Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.05 1.12 2.80 3.38 2.89

Cyrela Brazil Realty Empreend e Part Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only 2.83 3.15 2.82 2.62 2.75

Competitive Comparison

For the Residential Construction subindustry, Cyrela Brazil Realty Empreend e Part'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.


Cyrela Brazil Realty Empreend e Part Debt-to-EBITDA Distribution

For the Homebuilding & Construction industry and Consumer Cyclical sector, Cyrela Brazil Realty Empreend e Part's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Cyrela Brazil Realty Empreend e Part's Debt-to-EBITDA falls into.



Cyrela Brazil Realty Empreend e Part Debt-to-EBITDA Calculation

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

Cyrela Brazil Realty Empreend e Part'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
=(286.842 + 765.759) / 364.213
=2.89

Cyrela Brazil Realty Empreend e Part's annualized Debt-to-EBITDA for the quarter 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
=(286.842 + 765.759) / 382.152
=2.75

* 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 (Dec. 2023) EBITDA data.


Cyrela Brazil Realty Empreend e Part  (OTCPK:CYRBY) 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.


Cyrela Brazil Realty Empreend e Part Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Cyrela Brazil Realty Empreend e Part's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Cyrela Brazil Realty Empreend e Part (Cyrela Brazil Realty Empreend e Part) Business Description

Traded in Other Exchanges
Address
Rua do Rocio, 109, 2nd Floor, Room 01, Sao Paulo, SP, BRA, 04552-000
Cyrela Brazil Realty SA Empreend e Part is a Brazilian construction company engaged in the development and construction of residential properties, individually or together with other entities. The company has four operating segments; the Cyrela segment includes real estate projects classified by the Launch Committee as high-end and luxury, both of the Parent and joint ventures, the Living segment includes real estate projects classified by the Launch Committee as Living, both of the Parent and joint ventures, CVA segment includes real estate projects classified by the Launch Committee as Casa Verde e Amarela, both of the Parent and joint ventures and Other segment include land subdivision and service rendering activities.

Cyrela Brazil Realty Empreend e Part (Cyrela Brazil Realty Empreend e Part) Headlines

From GuruFocus