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Dream Homes & Development (Dream Homes & Development) Debt-to-EBITDA : 3.67 (As of Sep. 2023)


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What is Dream Homes & Development Debt-to-EBITDA?

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

Dream Homes & Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.18 Mil. Dream Homes & Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $5.82 Mil. Dream Homes & Development's annualized EBITDA for the quarter that ended in Sep. 2023 was $2.18 Mil. Dream Homes & Development's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 3.67.

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 Dream Homes & Development's Debt-to-EBITDA or its related term are showing as below:

DREM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -164.73   Med: 0.29   Max: 20.87
Current: -63.94

During the past 9 years, the highest Debt-to-EBITDA Ratio of Dream Homes & Development was 20.87. The lowest was -164.73. And the median was 0.29.

DREM's Debt-to-EBITDA is ranked worse than
100% of 87 companies
in the Homebuilding & Construction industry
Industry Median: 2.69 vs DREM: -63.94

Dream Homes & Development Debt-to-EBITDA Historical Data

The historical data trend for Dream Homes & Development'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.

Dream Homes & Development Debt-to-EBITDA Chart

Dream Homes & Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 2.57 5.28 -1.76 -164.73 20.87

Dream Homes & Development Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.53 -1.65 9.03 -129.32 3.67

Competitive Comparison of Dream Homes & Development's Debt-to-EBITDA

For the Residential Construction subindustry, Dream Homes & Development'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.


Dream Homes & Development's Debt-to-EBITDA Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Dream Homes & Development's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Dream Homes & Development's Debt-to-EBITDA falls into.



Dream Homes & Development Debt-to-EBITDA Calculation

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

Dream Homes & Development's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.77 + 0.635) / 0.259
=20.87

Dream Homes & Development'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
=(2.178 + 5.815) / 2.18
=3.67

* 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. 2023) EBITDA data.


Dream Homes & Development  (OTCPK:DREM) 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.


Dream Homes & Development Debt-to-EBITDA Related Terms

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


Dream Homes & Development (Dream Homes & Development) Business Description

Traded in Other Exchanges
N/A
Address
314 South Main Street, Forked River, NJ, USA, 08731
Dream Homes & Development Corp is engaged in the residential construction business in the United States. The company undertakes single-family construction, holiday homes, apartments, renovation, and home elevation projects. The company also provides educational videos and short books on construction and rebuilding topics.
Executives
Roger Fidler director, officer: President 400 GROVE STREET, GLEN ROCK NJ 07452

Dream Homes & Development (Dream Homes & Development) Headlines

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