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Even Construtora Eorporadora (BSP:EVEN3) Debt-to-EBITDA : 2.94 (As of Mar. 2024)


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What is Even Construtora Eorporadora Debt-to-EBITDA?

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

Even Construtora Eorporadora's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$160 Mil. Even Construtora Eorporadora's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$1,259 Mil. Even Construtora Eorporadora's annualized EBITDA for the quarter that ended in Mar. 2024 was R$483 Mil. Even Construtora Eorporadora's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.94.

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 Even Construtora Eorporadora's Debt-to-EBITDA or its related term are showing as below:

BSP:EVEN3' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -20.94   Med: 2.78   Max: 19.36
Current: 2.94

During the past 13 years, the highest Debt-to-EBITDA Ratio of Even Construtora Eorporadora was 19.36. The lowest was -20.94. And the median was 2.78.

BSP:EVEN3's Debt-to-EBITDA is ranked better than
69.9% of 1249 companies
in the Real Estate industry
Industry Median: 6.02 vs BSP:EVEN3: 2.94

Even Construtora Eorporadora Debt-to-EBITDA Historical Data

The historical data trend for Even Construtora Eorporadora'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.

Even Construtora Eorporadora Debt-to-EBITDA Chart

Even Construtora Eorporadora Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.74 1.39 0.88 2.72 2.84

Even Construtora Eorporadora Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 1.90 2.10 3.31 2.03 2.94

Competitive Comparison of Even Construtora Eorporadora's Debt-to-EBITDA

For the Real Estate - Development subindustry, Even Construtora Eorporadora'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.


Even Construtora Eorporadora's Debt-to-EBITDA Distribution in the Real Estate Industry

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

* The bar in red indicates where Even Construtora Eorporadora's Debt-to-EBITDA falls into.



Even Construtora Eorporadora Debt-to-EBITDA Calculation

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

Even Construtora Eorporadora'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
=(236.286 + 1095.086) / 469.149
=2.84

Even Construtora Eorporadora's annualized Debt-to-EBITDA for the quarter 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
=(160.494 + 1259.14) / 483.108
=2.94

* 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.


Even Construtora Eorporadora  (BSP:EVEN3) 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.


Even Construtora Eorporadora Debt-to-EBITDA Related Terms

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


Even Construtora Eorporadora (BSP:EVEN3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Hungria, 1400 - 3rd Floor Garden America, Sao Paulo, SP, BRA, 01455000
Even Construtora E Incorporadora SA engages in residential property development. The firm develops residential building projects and also offers commercial properties. It is involved in site prospecting, property development, brokerage and project construction activities. Geographically, the company mainly operates in following segments: States of Sao Paulo, Rio de Janeiro and the Rio Grande do Sul and Other Markets. The States of Sao Paulo segment accounts for the majority of the firm's revenue.

Even Construtora Eorporadora (BSP:EVEN3) Headlines

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