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Union Properties PJSC (DFM:UPP) Debt-to-EBITDA : 7.80 (As of Mar. 2024)


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What is Union Properties PJSC Debt-to-EBITDA?

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

Union Properties PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ740.2 Mil. Union Properties PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ216.8 Mil. Union Properties PJSC's annualized EBITDA for the quarter that ended in Mar. 2024 was د.إ122.7 Mil. Union Properties PJSC's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 7.80.

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 Union Properties PJSC's Debt-to-EBITDA or its related term are showing as below:

DFM:UPP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -55.54   Med: 2.32   Max: 8.95
Current: 1.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of Union Properties PJSC was 8.95. The lowest was -55.54. And the median was 2.32.

DFM:UPP's Debt-to-EBITDA is ranked better than
74.08% of 409 companies
in the Conglomerates industry
Industry Median: 3.28 vs DFM:UPP: 1.32

Union Properties PJSC Debt-to-EBITDA Historical Data

The historical data trend for Union Properties PJSC'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.

Union Properties PJSC Debt-to-EBITDA Chart

Union Properties PJSC 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 -55.54 4.97 -1.16 7.75 1.32

Union Properties PJSC 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 4.71 5.39 3.86 0.38 7.80

Competitive Comparison of Union Properties PJSC's Debt-to-EBITDA

For the Conglomerates subindustry, Union Properties PJSC'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.


Union Properties PJSC's Debt-to-EBITDA Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Union Properties PJSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Union Properties PJSC's Debt-to-EBITDA falls into.



Union Properties PJSC Debt-to-EBITDA Calculation

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

Union Properties PJSC'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
=(1030.764 + 229.914) / 957.977
=1.32

Union Properties PJSC'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
=(740.155 + 216.823) / 122.728
=7.80

* 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.


Union Properties PJSC  (DFM:UPP) 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.


Union Properties PJSC Debt-to-EBITDA Related Terms

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


Union Properties PJSC (DFM:UPP) Business Description

Traded in Other Exchanges
N/A
Address
Union Business Park 1, P.O. Box 24649, Green Community East, Dubai Investment Park 1, Dubai, ARE
Union Properties PJSC is a property development company in the United Arab Emirates. The company has a wide range of projects in its portfolio, including residential, industrial, and leisure development projects. The firm operates out of three segments: real estate, contracting, and goods and services. Property rentals and sales compose the real estate segment. The firm's contracting sector involves mechanical, electrical, and plumbing work, as well as interior architecture construction. In goods and services, the company offers facility management and maintenance services, motor racing services, and sale of goods. The majority of the company's revenue is generated from the goods and services segment.

Union Properties PJSC (DFM:UPP) Headlines

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