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Hotel Property Investments (ASX:HPI) Debt-to-EBITDA : 10.12 (As of Dec. 2023)


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What is Hotel Property Investments Debt-to-EBITDA?

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

Hotel Property Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.11 Mil. Hotel Property Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$467.93 Mil. Hotel Property Investments's annualized EBITDA for the quarter that ended in Dec. 2023 was A$46.24 Mil. Hotel Property Investments's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 10.12.

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 Hotel Property Investments's Debt-to-EBITDA or its related term are showing as below:

ASX:HPI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.03   Med: 3.97   Max: 15.72
Current: 9.76

During the past 10 years, the highest Debt-to-EBITDA Ratio of Hotel Property Investments was 15.72. The lowest was 2.03. And the median was 3.97.

ASX:HPI's Debt-to-EBITDA is ranked worse than
65.44% of 515 companies
in the REITs industry
Industry Median: 7.3 vs ASX:HPI: 9.76

Hotel Property Investments Debt-to-EBITDA Historical Data

The historical data trend for Hotel Property Investments'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.

Hotel Property Investments Debt-to-EBITDA Chart

Hotel Property Investments Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.22 5.64 3.71 2.03 15.72

Hotel Property Investments Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.69 2.31 56.28 9.16 10.12

Competitive Comparison of Hotel Property Investments's Debt-to-EBITDA

For the REIT - Diversified subindustry, Hotel Property Investments'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.


Hotel Property Investments's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Hotel Property Investments's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hotel Property Investments's Debt-to-EBITDA falls into.



Hotel Property Investments Debt-to-EBITDA Calculation

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

Hotel Property Investments's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.107 + 455.29) / 28.964
=15.72

Hotel Property Investments'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
=(0.111 + 467.927) / 46.236
=10.12

* 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 two times the quarterly (Dec. 2023) EBITDA data.


Hotel Property Investments  (ASX:HPI) 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.


Hotel Property Investments Debt-to-EBITDA Related Terms

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


Hotel Property Investments (ASX:HPI) Business Description

Traded in Other Exchanges
N/A
Address
60 City Road, Suite 2, Level 17, IBM Centre, Southbank, Melbourne, VIC, AUS, 3006
Hotel Property Investments is an Australian REIT with a portfolio of freehold pub properties primarily in Queensland. Its portfolio is almost exclusively leased to Queensland Venue Co. on triple-net long-term leases where the tenant is responsible for outgoings (except land tax in Queensland), resulting in relatively low maintenance expenses. Most leases also provide for annual rental increases typically at the lower of 4% or two times the average of the last five years consumer price index.