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Century Communities (Century Communities) Debt-to-EBITDA : 3.22 (As of Mar. 2024)


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What is Century Communities Debt-to-EBITDA?

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

Century Communities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil. Century Communities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,282 Mil. Century Communities's annualized EBITDA for the quarter that ended in Mar. 2024 was $398 Mil. Century Communities's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.22.

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 Century Communities's Debt-to-EBITDA or its related term are showing as below:

CCS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.7   Med: 5.99   Max: 9.6
Current: 3.02

During the past 12 years, the highest Debt-to-EBITDA Ratio of Century Communities was 9.60. The lowest was 1.70. And the median was 5.99.

CCS's Debt-to-EBITDA is ranked worse than
60.24% of 83 companies
in the Homebuilding & Construction industry
Industry Median: 2.46 vs CCS: 3.02

Century Communities Debt-to-EBITDA Historical Data

The historical data trend for Century Communities'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.

Century Communities Debt-to-EBITDA Chart

Century Communities 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 6.95 4.07 2.01 1.70 3.51

Century Communities 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 6.42 4.14 2.58 2.43 3.22

Competitive Comparison of Century Communities's Debt-to-EBITDA

For the Residential Construction subindustry, Century Communities'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.


Century Communities's Debt-to-EBITDA Distribution in the Homebuilding & Construction Industry

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

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



Century Communities Debt-to-EBITDA Calculation

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

Century Communities'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
=(0 + 1301.769) / 371.405
=3.50

Century Communities'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
=(0 + 1282.209) / 397.7
=3.22

* 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.


Century Communities  (NYSE:CCS) 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.


Century Communities Debt-to-EBITDA Related Terms

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


Century Communities (Century Communities) Business Description

Traded in Other Exchanges
Address
8390 East Crescent Parkway, Suite 650, Greenwood Village, CO, USA, 80111
Century Communities Inc is a construction company that focuses on the residential market. It has five homebuilding segments: West, Mountain, Texas, Southeast, and Century Complete. Its sixth reportable segment is financial services operations, which provides mortgage, title, and insurance services to homebuyers. It has acquired land for homebuilding operations with the primary intent to develop and construct single-family detached or attached homes for sale on the acquired land. The company sells homes through its own sales representatives and independent real estate brokers. It also advertises directly to potential homebuyers through the Internet, newspapers, and trade publications. The company generates the most revenue from the Mountain segment.
Executives
Elisa Z Ramirez director 1225 17TH STREET, SUITE 2600, DENVER CO 80202
David L Messenger officer: Chief Financial Officer
John Scott Dixon officer: Chief Accounting Officer CENTURY COMMUNITIES, INC., 8390 E. CRESCENT PARKWAY, STE. 650, GREENWOOD VILLAGE CO 80111
Dale Francescon director, 10 percent owner, officer: See Remarks 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Robert J Francescon director, 10 percent owner, officer: See Remarks 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Patricia L. Arvielo director 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Bennett Wesley Allen Arthur other: General Counsel C/O CENTURY COMMUNITIES, INC., 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Dustin L. Bogue other: Regional President - West UCP, INC., 99 ALMADEN BOULEVARD, SUITE 400, SAN JOSE CA 95113
Stewart Hugh Parker other: Regional President C/O CENTURY COMMUNITIES, INC., 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Richard A Carruthers other: Regional President C/O CENTURY COMMUNITIES, INC., 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Liesel W Cooper other: Regional President C/O CENTURY COMMUNITIES, INC., 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Keith R Guericke director C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
John P Box director 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
James A Lippman director 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Kenneth J Rabel officer: Division President-Colorado 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111