RAM Essential Services Property Fund (ASX:REP) Debt-to-EBITDA : -32.82 (As of Dec. 2023)

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What is RAM Essential Services Property Fund Debt-to-EBITDA?

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

RAM Essential Services Property Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$23.54 Mil. RAM Essential Services Property Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$264.31 Mil. RAM Essential Services Property Fund's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-8.77 Mil. RAM Essential Services Property Fund's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -32.82.

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 RAM Essential Services Property Fund's Debt-to-EBITDA or its related term are showing as below:

ASX:REP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -19.53 Med: -7.93 Max: 3.67
Current: -10.39

During the past 2 years, the highest Debt-to-EBITDA Ratio of RAM Essential Services Property Fund was 3.67. The lowest was -19.53. And the median was -7.93.

ASX:REP's Debt-to-EBITDA is ranked worse than
100% of 358 companies
in the Asset Management industry
Industry Median: 1.315 vs ASX:REP: -10.39

RAM Essential Services Property Fund Debt-to-EBITDA Historical Data

The historical data trend for RAM Essential Services Property Fund'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.

RAM Essential Services Property Fund Debt-to-EBITDA Chart

RAM Essential Services Property Fund Annual Data

Trend

Jun22

Jun23

Debt-to-EBITDA

3.67

-19.53

RAM Essential Services Property Fund Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	3.90	3.46	17.52	-6.44	-32.82

Competitive Comparison of RAM Essential Services Property Fund's Debt-to-EBITDA

For the Asset Management subindustry, RAM Essential Services Property Fund'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.

RAM Essential Services Property Fund's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RAM Essential Services Property Fund's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where RAM Essential Services Property Fund's Debt-to-EBITDA falls into.

RAM Essential Services Property Fund Debt-to-EBITDA Calculation

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

RAM Essential Services Property Fund'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
	=	(22.219	+	278.211)	/	-15.38
	=	-19.53

RAM Essential Services Property Fund'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
	=	(23.542	+	264.305)	/	-8.77
	=	-32.82

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.

RAM Essential Services Property Fund (ASX:REP) 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.

RAM Essential Services Property Fund Debt-to-EBITDA Related Terms

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

RAM Essential Services Property Fund (ASX:REP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RAM Essential Services Property Fund (ASX:REP) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Australia Square 264 George Street, Suite 3201, Level 32, Sydney, NSW, AUS, 2000

Website

https://www.ramgroup.com

RAM Essential Services Property Fund invests in high-quality Australian medical and essential retail real estate assets, leased to essential services tenants. Its objective is to provide investors with stable and secure income with the potential for both income and capital growth through exposure to high quality, defensive portfolio of assets with favourable sector trends.

RAM Essential Services Property Fund (ASX:REP) Headlines

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